THIRD PARTY SETTLEMENT

My 2006 ford ranger club cab, which is insured through Miway, was involved in a collision in October 2015.<br> Due to the other driver accepting liability and writing and signing such, he suggested I go through his Insurance (standard insurance) as a third party claim. The quotes for repairs / damages came to R92000 and R94000. Miway offered a settlement of R73500 and as they deducted the excesses and towing cost it came to R56000.<br> NOW taking it to Standard Insurance as a third party claim and also providing the quotations, (DMAC & PALACE and paints) they are offering a settlement of R8634,38.<br> Can this be right? It seems a total ripoff as it does not even cover my towing cost(R10000 which is a ripoff also,<br> the distance being only 6km.<br> Please help.<br> Jerry