Question:
Hello! 3 months ago I was T-boned by a car that ran a stop sign. My old car was totaled for $700 (91 Honda with 260K miles on it and a past total in the history). I had to get 7 stitches in my head. I didn't miss work, though I missed two college classes that day. I have a slight scar of an inch and a half or so on my forehead. My medical bills totaled $3000 after ambulance, x-ray, stitches, etc. I have police report and witnesses were there on the report. I don't see the need in a lawyer, since it wasn't a huge injury and I haven't had any problems since then, but I have ABSOLUTELY no idea what a fair settlement is for a case like this. I've been friendly with the party-at-fault's insurance agent as he has been to me, but I've been offered $600 for pain and suffering (he said that was the max) and $500 for property damage. Should I just accept this? Like I said, I'm not looking to extract as much as I possibly can, but I don't want to get ripped off either...
Answer:
If that is in addition to the car and hospital expenses then I think its fair;
Well, I'm not a lawyer, but I did have a similar accident a few years ago. You'll want to get enough to cover all your medical bills($3000), plus the value of your car ($700) $600 for pain and suffering sounds fair to me.
I would ask them for $700 for the property damage instead of $500. They will probably meet that demand.
They should pay for the cars worth and your medical bills and any medications you needed in full. Your pain and suffering is generally your medical bills x 3. Never take the first few offers unless you absaloutley need the money right now. If you hold out and haggle with them it will almost always pay off.
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