What’s the average car accident settlement?

When you or someone you love has been seriously injured in a car accident, you could be wondering what to do next. High hospital bills, lost wages, and ongoing medical costs can be overwhelming. On top of this, recovery from severe injuries after a car accident can’t be taken lightly. While there is no average car accident settlement, a wide range of factors will influence the amount of your claim.

In such a situation, contacting a Savannah personal injury lawyer is recommended. A skilled professional on your side can offer the support and guidance needed to deal with the legalities your car accident will bring. This way, your recovery will be a top priority.

What factors will your settlement amount take into account?

In Georgia, it’s sometimes difficult to accurately estimate the average settlement for a car accident. Some cases will settle for mere thousands of dollars, while others are getting millions. Ultimately, your average settlement amount will depend on the severity of your injuries and the skill of the Savannah car accident lawyer you choose.

Even with that said, it doesn’t give a complete picture of an average car accident settlement. Your car accident lawsuit settlement amount will be based on various factors, including the following:

• The seriousness of injuries sustained
• Long-term effects of your injuries
• The cost of medical treatment
• Any wages you have lost while being injuries
• Insurance coverage
• Who was at fault for the accident
• The extent of vehicle damage
• Witness credibility
• Loss of future earning potential

The severity of accidents and their settlement amounts

The most crucial factor to look at is accident severity. What is the average settlement for a minor car accident? What is the moderate pain and suffering settlement amount in a car accident? Below, we will break it down.

Car accidents with no injuries

What is the average settlement for a non-injury car accident? This number can sometimes mix into the lowest settlement amount for cases with minor injuries. If you have no injuries, your settlement amount will be lower, similar to that of a minor accident.

A minor car accident

In a minor car accident with a few injuries, settlements are low due to the lack of injuries and emotional distress sustained. This will cover a hospital visit or two and vehicle damage. For soft tissue injuries, the average settlement for soft tissue injury car accidents is on the lower side.

But, as stated previously, a lawyer can help more accurately determine the exact amount of your settlement.

Major car accidents

The settlement amount will skyrocket if your accident is severe and significant injuries are sustained. For example, the average settlement for car accidents with back and neck injuries is higher than other injuries because whiplash and concussions tend to turn into more severe issues.

Additionally, car accidents with children involved tend to settle for higher amounts and are considered significant car accidents. In Georgia, the average settlement amount for a child in a car accident is generous and can be more accurately determined after looking at total losses.

Fatal car accidents

For life-threatening injuries, settlement amounts are likely higher. This will account for a considerable loss of quality of life and numerous economic damages. However, it solely depends on the injuries sustained, the amount of damages, and the skill of your car accident lawyer. In the case of fatal accidents, millions can be awarded to those who file a claim on behalf of the affected party.

If you want compensation for your injuries, speak to our legal team.

Collecting the most settlement money after any type of accident helps to have the full assistance of a car accident lawyer. With years of success and a proven track record, Mike Rafi will work hard to get the best results for your case. By giving us a call, you can schedule your free consultation and get working towards your car accident settlement.