How do you come up with an insurance settlement?

Question

Long story short...kid drove his car into my house and hit me. Some stitches and xrays and cuts and serious bruises is about all that came of it.

The adjuster is asking me what I think the settlement should be.

Any suggestions? How do you figure that?

Answer 1

Any property damage you might have sustained.

All medical bills

Compensation for any time lost at work.

Answer 2

The answer before this is good, you want to make sure you ask for any expenses you incurred, like the cost to repair your home, any medical expenses and any lost pay from work but you will want to ask for pain an suffering.  The pain and suffering depends on the type of injury you had and the lasting effects of it.  If you had a cut and some bruises you likely won't get much.  I would add up all your medical expenses, double it or triple it and then ask for more than that.  The insurance company will take your demand and likely offer you less so ask for more.  The worst they will do is say no and then come with a lower offer.  I would think about how much pain and lasting effects and use that as your arguement.  I would also decide on the lowest amount you're willing to take.