“When deciding on a settlement amount, you’ll need to look at your medical expenses as well any pain and suffering you’ve experienced. While it can be easy to calculate general damages that are monetary-based, it can be harder to decide what pain and suffering should cost.
You’ll need to look at how your life was impacted after the accident. The severity of your injuries is also a huge factor. Typically, most payouts for pain and suffering come in at under $15,000 because most claims are for minor injuries.
Once you have an idea of what you would like, you’ll need to let the at-fault driver’s car insurance
company or adjuster know the amount.
From there, they’ll either accept the amount or they’ll counteroffer. It’ll be up to you to accept or reject their counteroffer.
You always have the ability to negotiate and you aren’t required to accept their settlement amount. However, you will eventually need to come to an agreement or hire a lawyer to represent you.