An auto accident settlement is a way to get compensate for a car accident outside of the court system. The car insurance company for the responsible driver will offer an auto accident settlement when it accepts that its insured is at fault (or is afraid a jury will find the insured at fault) because the insurer won't want to take a chance of the jury coming back with a very large verdict. If you are involved in a car accident and are offered a settlement, it is essential you know whether you have been offered a fair auto accident settlement or not, so you can determine whether or not to accept.
To understand whether your auto accident settlement is fair, consider:
It is also important to have any settlement reviewed by an experienced car accident lawyer. Your attorney can tell you whether you have been offered a fair auto accident settlement based on your situation and can help you to get a better one if the offer was too low.