What’s the Average Settlement for Car Accidents?
By Chris Dixon
Compensation for car accident damages varies and is dependent on the specific details of each car crash. Someone with more severe injuries will typically receive more than a person who suffers whiplash injuries or minor bruises or sprains. If you have been in a car accident, it’s essential to consult your lawyer about your case. To find out how much your car accident injuries are worth, contact your personal injury lawyer today.
Average Car Accident Settlement Falls Between $14,000-$28,000
There are many different reasons why car accidents happen, so it is impossible to place a specific number on each type of car accident. There isn’t a specific average amount that each car accident can receive, but generally the amount is somewhere between $14,000-$28,000. The general rule of thumb when insurance companies are determining how much to award in damages for a case is to add up all economic damages and between 1-5.. The more severe that injuries are, the higher the multiplier is. The amount that is calculated is used as a starting point for negotiation and gives you and your lawyer a baseline for negotiation.
What Factors are Used When Deciding How Much a Car Accident Case Should Receive?
There are many layers to the damages process for car accidents. Factors that are weighed and considered include:
- Was the person injured?
- How severe are the injured party’s injuries?
- What is the total amount of property damage from the accident for each party?
- Is one person at-fault for the accident, or both parties? How much is each person at-fault in the accident?
- Did the accident happen in a no-fault or at-fault state?
- Is there pain and suffering or other non-monetary damages from the accident?
What If I’m Not Happy with the Settlement Amount that is Offered?
It is hard to place a number on damages, especially non-economic damages like pain and suffering and other emotional distress. If you are not satisfied with the settlement amount that you receive for damages from an accident, all hope is not lost. You can negotiate with the insurance company and argue for a higher amount in compensation for damages. If the insurance company refuses to budge after a decent amount of negotiating by you and your lawyer, you may be able to take the case to court.
Can a Lawyer Help Me Receive the Most in Damages for My Car Accident?
Your lawyer’s job is to serve as a sounding board for any problems that you may be dealing with due to your car accident. If you’re unhappy about something, you should tell your lawyer about it. Your lawyer will assess the strengths and weaknesses of your case, address the problems or doubts you’re having, discuss your case’s options with you and offer solutions for getting the most in compensation for your case. If at any time you’re confused about the process of dealing with your car accident case, your lawyer will be there for you.
Your car accident lawyer will help you write a persuasive demand letter, file a claim and negotiate on your behalf with the other party’s insurance company until you’re happy with the offer you’ve received for damages. If after lengthy negotiation, the insurance company isn’t budging with their offer, your lawyer can help you decide if taking your case to court is a good option. Are you motivated and ready to start fighting for your car accident case with a lawyer? Don’t hesitate to contact the Dixon Injury Firm. Our personal injury attorneys offer free consultations and won’t make you pay for their services unless they successfully win damages for your case.