Analysis of Evidence
In determining whether to accept a settlement, you should have a complete analysis of the strength of your case. This should include a review of the evidence that supports your claim. Evidence will include witness testimony and documentation regarding what happened, such as a police report. You will also need to prove your damages through medical record documentation and bills for treatment. To support your case, a personal injury lawyer can advise you on the evidence's strengths and weaknesses.
Determination of Fault
California is a comparative negligence state, meaning that the percentage of fault for an accident is divided among the parties. The defendants will only have to pay their share of responsibility for any total amount of damages awarded. It would help to estimate how much of the fault you think will be attributed to your actions. This will help you evaluate the value of any settlement amount.
Litigation Risk
If you do not settle the case, you can file a lawsuit. There is always a risk with taking your case to court that the finder of fact will determine you are more at fault than you thought. There is also a chance that the court will not order damages in the total amount you requested. You need to review all your options with a personal injury lawyer to get an unbiased opinion on the possible outcomes of any litigation.
You only have two years from the date of your injury to file a lawsuit, so you should not delay seeking counsel to review your choices.