Settlements Tab Screen
Use this screen to view, edit, or enter a new settlement or a supplemental settlement. You can also view the Payments and Adjustments tab information from this screen.adjustments and settlement payments in the workfile.
Description of fields in the Settlements Detail screen
| Field Label | Description |
|---|---|
| All Settlements | This is the panel label name. |
| New Settlement | When enabled, this option opens the New Settlement screen. |
| Estimate Total $, Pre-Tax Adjustments $ Pre-Tax Subtotal $ Tax $ Post-Tax Adjustments $ Combined Subtotal $ Betterment $ Deductible $ Appearance Allowance $ RPD Adjustment $ |
The values in these fields are taken from the original estimate. You cannot edit this information. |
| Base Value $ | This value is included in the Total Loss Settlement. Enter a value in this field. |
| Negligence % | This is the amount the insurance company is NOT responsible for. Enter a percentage value. |
| Negligence $ | This is the amount the insurance company is NOT responsible for. This is a calculated field. |
| Cost to Repair $ | This value is the total amount repair settlement for the vehicle. |
| Cost to Total Loss $ | This represents the total amount total loss cost settlement for the vehicle. |
| Settlement Status | Valid values are Settled and Unsettled. |
| Payment Status | Valid values are Paid and Unpaid. |
| Settled With | This is the party who agreed to the settlement. |
| Settlement Notes | Enter any settlement notes in this field. |
| Settlement Decision | Valid values are blank, Repairable, or Total Loss. |
| Negotiated Amount | This value is the amount that was negotiated in the settlement. |