What Is a Car Accident Settlement?

Car Accident Settlement

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What Is a Car Accident Settlement?

If you or a loved one were severely injured in a car accident, you may be entitled to compensation. An attorney will negotiate with the responsible party to help you receive the compensation you deserve.

Often, this compensation is determined with a settlement, which is an agreement between parties to resolve a legal claim for damages.

A car accident settlement usually involves you agreeing to end the lawsuit in exchange for a payment from the party who has legal liability for your injuries.

How Much Will I Receive in My Car Accident Settlement?

This varies case by case and state by state. The amount of a settlement can differ substantially depending on the jurisdiction in which the accident occurred. The amount will also depend on the facts of the case itself.

Every car accident has a number of variables that determine how much you have a legal right to receive. Following a car accident, the responsible party's insurance company is required to pay the following costs:

Car repair bills or quotes from mechanics
Hospital bills and related medical expenses
Lost wages from work and other lost income
Pain and physical suffering
Permanent physical disability or disfigurement
Emotional damages

Insurance companies use a variety of methods to calculate the value of car accident claims and they often will seek to minimize compensation.

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How Can a Car Accident Injury Lawyer Help?

Your insurance company may make it difficult to recover full and fair compensation for your car accident injury. Hiring a lawyer can give you your best chance of getting the compensation you deserve.
At Morgan & Morgan, we have the know-how and experience to fight these kinds of insurance disputes. Our attorneys can help you decipher the true value of a claim, and we will fight to recover the full restitution you are owed.
When you’re injured, you can count on Morgan & Morgan. Contact us as soon as possible to learn about your legal options.
Contact Morgan & Morgan

All law firms are not the same. With over 800 attorneys, Morgan & Morgan has the resources to fight against even the biggest insurance companies. You can count on us to fight for full and fair compensation for you. To date, we have recovered $13 billion for our clients.
You can contact our specialized, car accident attorneys today by filling out a free, no-obligation case evaluation form. Our attorneys have decades of experience fighting for car accident victims. Let us fight for you. We only get paid if we win for you.

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“ Jerri ”

Unbelievably organized, responsive and probably the most effective process-oriented group of people I've ever seen. Their preparation for mediation and trial is beyond comprehensive. Across two cases and 3 years, not once did anything fall between the cracks. Everyone I came into contact with exemplifies professionalism; they quickly resolved insurance issues and spent time educating me about everything affecting my cases.

2021

“ Rupdai ”

It has been an amazing experience with your law firm. I will be happy to refer any of my family and friends to your law firm. I am very thankful to Sabrina Thornburg and Andrew Felix for everything that they have done on my case. Sabrina kept in touch with me to let me know how everything was going and I am very happy with the service that she and Andrew provided. Your slogan really is true, you are for the people. Thank you.

2021

“ Alejandro ”

I was very happy with the communication between the legal counsel and myself. If I had any questions I could leave it if not directly and I would have an answer within 24 hours by either email or a courtesy phone call. Also, the quick resolution of the matter was something I appreciate very much. Needless to say the result was more than expected.

2021

“ Jasmine ”

I originally hired a different law firm after being involved in a multi-car accident on the interstate, but after a few conversations, arguments, and showing me other cases were more important than mine, I called and hired Morgan & Morgan! That was one of the best decisions I've made as an adult! Not only have they been in contact with me, but they listened and found mistakes in the crash report that the officer didn't want to admit to! I'm beyond thankful!

2021