You are here:

Auto Insurance Claims/Pain & Suffering Settlement

Advertisement


Question
We were involved in an accident while in Ohio for my nephew's wedding. We live in NJ. We were struck from behind by a driver under the influence who is also uninsured. My daughter's both were taken to the hospital by ambulance and checked out. Fortunately, both are OK. My wife saw a doctor and had x-rays of here shoulder from the seat belt trauma the following week.
I have uninsured coverage.
They have made an offer of $3000 for pain and suffering, $1000 ea for my wife and daughters.
Medical bills totaled around $2500 (and I have $1000 deductible). My wife lost a day's wages and I wasted a day of vacation. These two are worth another $900 or so.
Is their offer of $3000 reasonable?

Answer
I think it is reasonable, but a bit on the low side.  They probably assigned a range of value and $3000 was probably the low end of the range.  If you negotiate and are patient, you could probably get another $1000-$2000 out of them.

This is assuming your wife has fully recovered.  If she still needs medical care, you should not settle her claim at this time.

You should also ask if they will pay the lost wages and medical bills under your PIP coverage.  (this varies by state).

Auto Insurance Claims

All Answers


Answers by Expert:


Ask Experts

Volunteer


Claims Guy

Expertise

I am currently an Auto Claims Manager for a large insurance company. I have 20 years experience in the industry, having worked as a Claims Adjuster, Injury Settlement Negotiator, Claims Manager, SIU/Fraud Investigator, and Compliance Officer......I can answer questions related to any aspect of Automobile insurance claims and coverages. I can provide an inside look at how insurers operate. I always treat my customers fairly and want to help make sure you are treated fairly. However, please keep in mind that being treated fairly according to the law does not guarantee that you will get what you want. I can also answer some questions regarding Homeowner's and other types of insurance claims. I have handled all types of auto insurance claims and coverages. I am NOT an automotive repair expert but can give advice re how insurers handle complex repair issues. Please keep in mind that every state has its own set of laws pertaining to rules of the road, liability, and insurance. No one is an expert on every state. I am most familiar with laws in Maryland, DC, West Virginia, and Virginia, but will attempt to answer questions for other states. I am not an attorney an cannot provide legal advice. My advice will be my opinion based on my experience.

Experience

I am currently an Auto Claims Manager for a large insurance company. I have 20 years experience in the industry, having worked as a Claims Adjuster, Injury Settlement Negotiator, Claims Manager, SIU/Fraud Investigator, and Compliance Officer. I am not an attorney an cannot provide legal advice. My advice will be my opinion based on my experience.

Organizations
CPCU Society. Adjusters license in multiple states. International Association of Specal Investigators

Education/Credentials
I have a B.S. in Finance and have completed the AIC and CPCU designations.

©2016 About.com. All rights reserved.