I am a college student and unfamiliar with settling accident claims. I just want to know if I am getting screwed or not. I was in a car accident last year. My friend was driving and a deer jumped into the middle of the road. Instead of just hitting the deer with his SUV, my friend swurved and flipped the car. I ended up breaking my back (T-12) and dislocating both shoulders and one clavicle. I was in a back brace for over two months. Even a year later I am in pretty bad shape. My question is, I have a $100,000 policy with my car insurance company. I have signed a release not to sue them and they have given me $87,500. They think that I am going to settle for $12500 with the drivers insurance (apparently the max they offer), which I haven’t yet. My medical bills are $80,000 and I would have $20,000 left over. The thing is that my doctor said I would probably have to have surgery on my shoulder in a couple years and I can still barely move my back. Does it make sense to sue for more?
Hey bc, yeah I DID sign a release with my own insurance company. I have NOT signed anything with the drivers insurance company though. It seems like $12,500 is pretty small offer for a multi-billion dollar insurance company…
