How much should I counter offer for this car accident settlement?
by Shari (USA)
I was rear ended on the highway while slowing down for traffic. I had some back and neck injuries. I went to my doctor, then physical therapy followed by several months of chiropractic care.
Now the insurance company has offered me a settlement of $4,300. What would be a reasonable counter offer?
Disclaimer: Information provided in our response is NOT formal legal advice. It is generic legal information based on the very limited information provided. Under no circumstances should the information in our response, or anywhere else on this site be relied upon when deciding the proper course of a legal matter. Our response does NOT create an attorney-client relationship. Always get a formal case review from a licensed attorney in your area.
ANSWER for "How much should I counter offer for this car accident settlement?":
Personal injury settlements are based upon medical bills, out-of-pocket expenses and lost wages for the most part. Therefore, we would need to know these numbers to determine whether your settlement is fair and what an appropriate counter-offer would look like.
If your medical bills are low, for example under $1,500 I would say this amount is in the range of fairness. If your medical bills are above $2,000 however, you will need to do some re-negotiating.
The above is general information. Laws change frequently, and across jurisdictions. You should get a personalized case evaluation from an attorney licensed in your state. Find a local attorney to give you a free case review here, or call (888) 647-2490.
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