When you suffer from a personal injury due to an accident, you may get compensation by filing a lawsuit against the person or company responsible for the injury. However, you may think whether taking legal action is necessary or not. You may also ask yourself, “What is the average settlement for a personal injury?”
This blog will discuss the various factors that affect your personal injury claim and what you can expect as a personal injury settlement amount.
- What Is The Average Personal Injury Settlement?
As personal injuries vary from person to person, it is impossible to calculate an accurate, average amount. While most cases come under $3000-$75,000 depending on the severity of the accident, some may cross 6 digits and more. Personal injury compensation depends on various factors such as:
- Personal liability
- Medical costs to treat injuries
- Seriousness of injuries
- The wages you lose during your recovery
Apart from these, personal injuries may not fall under the same category. In a car crash, you can claim more as compared to simple vehicle damage. Personal injury lawyers consider the above factors before they calculate the amount.
- Is It Better To Rely On A Personal Injury Settlement Calculator?
As personal injury cases vary, online settlement calculators will not provide the exact figure that you can claim as compensation. They are just for a trial, and they are not so useful for giving an accurate value of the claim.
- What Are Common Accidents That Fall Under Personal Injury
Personal injuries can range anywhere from scrapes, bruises, cuts to permanent disability, or disfigurement. Some of the common incidents that cause personal injuries are:
- Car accidents
- Construction accidents
- Medical malpractice
- Slips and falls
- Pedestrian accidents
- Defective drugs or medical devices
- Truck accidents
- Defective products
Personal injury lawyers handle all the above mentioned types of cases. You should remember that the type of injury also determines the total compensation amount.
- Is It Better To Hire A Personal Injury Lawyer?
Working with a personal injury lawyer not only increases your chance to get a higher settlement but also guides you in the documentation. Your lawyer will negotiate with the insurance company and defend your right to an injury claim. Hiring a lawyer helps you make the process easier as they are experts at this sort of thing and know exactly what to do.
- When to Talk to Insurance Company?
Do not consult the insurance company after a personal injury. Rather, take help from a personal injury lawyer first. When you file a personal injury claim with insurance providers, they will try to offer you the lowest amount as compensation. On the other hand, a personal injury lawyer will negotiate with the insurance company and provide you fair compensation.
Severe injuries result in the highest personal injury settlements. The largest injury claims involve injuries to the head, knees, back, and neck. But these cases can take a while to settle which requires a lot of time and money.
If you happen to be in need of money to cover your legal fees in a personal injury case, you can opt for lawsuit loans that are easy to obtain and have competitive interest rates. This will allow you to continue fighting for the fair compensation that you deserve.
