Is there any way to reduce traffic accident damages?

Traffic accident damages are mainly composed of medical expenses, loss of income, consolation money, and future medical expenses, and the final payment amount is calculated by applying the fault ratio. If the fault is large, the amount will be deducted from the total damages by the amount of one's responsibility.

The consolation money requested by the other party is often inflated beyond actual case standards.

Considering the degree of damage, presence of after-effects, age, and occupation, etc., it is generally common for the court to reduce it to a reasonable level.

If the victim's damage is minor and the hospitalization period or treatment days are short, consolation money exceeding 10 million won may be considered excessive, and reduction may be argued based on this.

Also, whether settlement is reached is also related to criminal punishment.

However, since I do not have accurate information about your fault, I cannot give a definitive answer, but if it is not a 12 major negligence case under the Act on Special Cases concerning the Settlement of Traffic Accidents such as serious injury, driving without a license, DUI, signal violation, etc., even if criminal settlement is reached, the investigative agency may file charges and you may face criminal punishment.

However, if you aim for fine reduction or suspension of indictment, an amicable settlement with the victim can act as a favorable circumstance.

To prevent unfair losses, do not be swayed by emotions, and respond objectively based on fault ratio, medical records, and damage details. To construct favorable arguments in both damage compensation lawsuits and criminal procedures, it is desirable to receive assistance from an attorney specializing in traffic accident damages.