- Arthritis Questions Answered
- Amputation/Loss of Limb Injury
- Electric Shock? Your Questions Answered
- Broken Pelvis Injury
- Complex Regional Pain Syndrome (CRPS) Lawsuits
- What Do Disability Claim Attorneys Do?
- Benefits of Hiring a Lawyer For Your Injury Claim
- What Is an Injury Claim Calculator and How Does It Work?
- How to Find The Right Lawyer for Your Personal Injury Claim
- What Types of Compensation Can I Recover in a Bodily Injury Claim
- What Is the Personal Injury Claim Process?
- What Are the Most Common Personal Injury Claims?
- Why You Shouldn’t Rely on a Personal Injury Claims Calculator
- Personal Injury Claims: What is the Average Settlement Amount?
- What to Expect When Filing a Personal Injury Claim
- What Is a Personal Injury Claim?
- Why Do Insurance Companies Say You Have An Exaggerated Personal Injury Claim?
- Can I File a Personal Injury Claim Without a Lawyer?
- Can I File a Personal Injury Claim Against My Landlord?
- How to Hire the Best Personal Injury Lawyers in Atlanta
- How to Hire the Best Accident Lawyer Near Me
- Calculating Pain & Suffering | Personal Injury Questions
- Personal Injury Lawsuit Process
- Personal Injury Lawsuit Settlement Checks
- How Much is a Personal Injury Lawyer Payout?
- How Much Does Personal Injury Insurance Cost?
- What Does Personal Injury Mean?
- What Is a Personal Injury Lawyer?
- How to Find an Accident Lawyer in the Katy, TX Area
- Contact a Personal Injury Lawyer
- Talk to a Personal Injury Lawyer
- Accident Injury Claim Facts
- Average Value of a Bodily Injury Claim
- Pedestrian Injury Lawyer
- When Should I Fight an Insurance Company?
- How Long Does a Personal Injury Case Take?
- How Do I Cash in My Personal Injury Settlement Check?
- What Is the Price for Severe Emotional Pain From a Personal Injury Incident?
- What Should I Do After Getting Hurt in Public?
- How to Handle Slipping on Ice?
- Understanding Your Settlement Check Payout: What Do I Need to Know?
- What Is the Best Use for My Settlement Checks Post-Accident?
- What Should I Use My Settlement Check For?
- When to Call a Lawyer: Hurt During the Holidays
- What Do I Need to Know About the Hiring Process for Lawyers?
- How to Have a Successful Relationship With Your Personal Injury Lawyer
- Can I Afford a Lawyer Without Any Insurance?
- How to Prepare for the First Meeting With a Personal Injury Lawyer
- What Is the Process for Hiring Your First Lawyer?
- When Should I See a Personal Injury Lawyer?
- How Much Is a Permanent Injury Worth?
- How Do I Cash in My Personal Injury Settlement Check?
- Personal Injury Attorneys
- Personal Injury Settlement Process
- Morgan & Morgan Settlement Cases
- How to Find a Good Lawyer Near Me
- Do’s and Don’ts for Your Personal Injury Claim
- Where to File a Personal Injury Lawsuit
- Where Can I Get Help With My Personal Injury Case?
- Who Should I Call if I'm Hurt While Away From Home?
- What Is a Fair Settlement for Pain and Suffering?
- Does Morgan and Morgan Take Any Case?
- What Are the Stages of a Personal Injury Claim?
- How Is Damage Determined in a Lawsuit?
- Is a Settlement Considered a Win?
- How Much Compensation Will I Receive for Neck and Shoulder Injuries?
- How Much Is a Bulging Disc Injury Worth?
- What Is Considered a Good Settlement Offer?
- Do You Pay Morgan & Morgan if You Lose?
- Who Should I Contact if I'm Having a Difficult Time Understanding Law Practices?
- Should I Get Multiple Lawyers for My Injury Case?
- What Are Some Signs That You Need a Personal Injury Lawyer?
- What Is the Difference Between Bodily Injury and Personal Injury?
- Can You Sue a School District for Emotional Distress?
- How Do You Cash a Settlement Check?
- How Should I Spend My Settlement Check?
- What Are Some Reasons a Lawyer Might Not Take Your Personal Injury Case?
- What Is a Characters for Hire Lawsuit?
- Calculating Damages in a Personal Injury Lawsuit
- What Are the Costs and Recovery Time for a Broken Pelvis?
- What Are Some Examples of Lawyer Fees for Personal Injury Cases?
- Where Can I Find the Best Ethical Malpractice Lawyers Near Me?
- What Does a Suit Mean?
- How Do Lawyers Determine Pain and Suffering?
- Where Do I Go to Get the Settlement Check for My Neck Injuries?
- What Is a Typical Personal Injury Settlement Amount?
- How Difficult Is Calculating Damages in a Lawsuit?
- What Questions Are Asked During a Deposition?
- How Can I Get Compensation for a Crushed Pelvis?
- How Much Can I Expect to Recover From a 3M Lawsuit?
- Where Do I Sign My Settlement Papers?
- How Long Can You Keep a Check Without Cashing It?
- What Should I Do if I Receive a Phone Call Saying Someone Is Taking Legal Action Against Me?
How Much Does a Personal Injury Case Pay?
Many victims of recent accidents are curious how much does personal injury pay. If you've been seriously hurt in an accident, you have multiple different things to think about, not the least of which are financial obligations. Knowing the answer to how much this personal injury pay can help you chart a clear path for your future and give you the resources needed to move forward as effectively as possible.
Knowing exactly how much you can get for your personal injury case could make a significant impact on the outcome of that case. Many people are curious about the types of damages that could be available to them and the factors that could influence their overall ability to recover. Understanding average personal injury settlements gives you an idea of when an insurance company is offering something that is fair and reasonable. Don't forget that legal fees will come out of your personal injury settlement on the other end.
Personal injury is a broad term used to describe a range of cases like those involving medical malpractice, a motorcycle accident, wrongful death, a truck accident, and any cases that lead to serious injuries because of another party's negligence. These can also be referred to as a tort case.
If you or a loved one has experienced such an injury, you can complete a free, no-risk case evaluation to get more information.
Average Personal Injury Settlement Amounts
Before you ask your lawyer how much does personal injury pay, you'll need to give them some specifics about your case. There are averages that can be applied across different types of cases and across the entire country but average personal injury settlement amounts will vary significantly. This depends on factors, such as medical bills, missed wages, property damage and more.
On one hand, an injury case that has relatively minor injuries and little to no impact on your future life could settle for around a couple thousand dollars. However, some personal injury cases can settle for a lot more. The average personal injury settlement amount, for example, can be anywhere from a few thousand dollars to upwards of $75,000. These numbers are specific to your individual case and the factors at hand.
Many cases, however, are in the middle. While it is certainly possible that you have heard of personal injury payment amounts that are owed in the millions of dollars, these are usually specific to catastrophic injury cases. They might also come with significant punitive damages for situations in which the person who caused the accident was egregious in their actions or failure to act.
How Do I Know if My Injury Case Will Settle for the Average Amount?
It is important not to assume that you know the base value of your damage claim. Your lawyer needs to do significant research to determine the extent of your injuries and the expectations to determine the value of your injury case. You could even be surprised once you sit down with your lawyer and ask how much does a personal injury case pay because in your case this might involve factors that you never considered.
The top way to determine a fair number for your injury case is to speak with a knowledgeable personal injury lawyer about your own case. Your lawyer can answer questions about economic as well as non-economic damages. The components of every case help to determine the fair value of a personal injury settlement. There are three primary components that can impact your settlement amount. The first of these is whether or not you have high economic damages. This can significantly increase the value of a settlement claim.
Having many damages and coming to the table with medical bills, lost wages and the expectation that you'll be unable to return to work as a result of your injuries can make it difficult for the other side to argue that a low settlement amount is fair. If you have a claim for punitive damages due to the negative actions of the defendant, this can also significantly impact the value of the claim.
Finally, you have to take into account the average settlement amounts and court cases that have settled in similar situations in the past to help give you a range of what might be possible. Remember that your average personal injury settlement will also depend on what the responsible party can pay.
Even if you can prove that the other side is 100% responsible for your injuries and you have a lot of damages, the job of collecting a verdict amount can be more complex than you expected, meaning that you may not recover all of your damages. Perhaps the person, for example, has an insurance policy limit of $100,000. Even though you come to the table with damages of $300,000, you might have to lower your expectations. This is particularly true if there are no other assets to go after in a personal injury claim.
How Much is My Case Worth: Pain and Suffering
If you are eligible for pain and suffering damages, this can significantly impact your case. These typically go along with your economic damages, but it falls to the experience of a knowledgeable personal injury lawyer to present a compelling case that your physical and emotional impacts are greater than your total financial losses.
This means that your case can be greatly skewed towards pain and suffering damages. Remember that punitive damages are not reliant on your personal losses. Instead, they are about the actions of the other party. Punitive damages are not available in every type of personal injury case and will depend on your state location. Certain states even have caps on punitive damages as well.
Punitive damages are calculated separate from things like medical expenses. Your medical records and your medical bills can all be used to calculate a fair number for economic damages, but punitive damages consider things that are less tangible and more difficult to measure. To learn more about the amount of money that you might be entitled to under a claim when it comes to things like emotional distress, schedule a free, no-risk case evaluation.
Understanding Legal Fees in Personal Injury
When asking how much does personal injury pay, you must consider that there will be other expenses taken out of a successful settlement or trial case. This includes payment to an injury lawyer. Understanding your fee arrangement up front as well as any other expenses associated with the case can help minimize disagreements with you and your attorney.
It is difficult for many people who have serious personal injuries to have a lot of money at the outset of a case to pay an attorney, which is why plenty of personal injury law firms accept cases on a contingency fee basis. This means that no money is required from a client to open a case and instead a percentage of the winnings from a settlement or a trial are paid out at the end. In personal injury cases, an attorney’s fee could be as high as 40% of the money that the lawyer obtains for the client. This also does not include expenses which can include things like copying or sending certified mail. In deciding whether or not to hire an attorney on a contingency fee basis you've got to figure out whether the finances of your specific injury case make it worthwhile.
What if the insurance company has declined to pay you any funds, but the possible damages in your case are large? It makes a lot of sense to hire a personal injury lawyer with extensive experience in this field to increase your chances of success. If your claim does not involve a lot of damages, however, where the insurance payout amounts are very limited and you may need some or all of these funds to be able to pay your own medical bills and move on with your life, you may attempt to handle your case on your own. Be aware, however, that personal injury cases can be very complex and you might find yourself in over your head.
Another reason to retain a lawyer is when you are in a situation in which an insurance company has presented you with a high settlement amount but you still believe it's too low for your individual case. You must think and measure against how much has been offered by the other side to how much an attorney might be able to push for a bigger amount.
aIf an attorney might only be able to get you a further 25% you might choose to accept the settlement amount as is. As an injury victim, however, it's unlikely that you understand all of the factors influencing your case and what truly can happen in court.
There are risks associated with going to court as well, so a knowledgeable personal injury lawyer can help you make a determination about when it's in your best interest to accept a settlement offer or to attempt to negotiate a slightly higher amount before simply focusing on taking the entire case to court. The support of a lawyer can be instrumental in helping you recover from this devastating accident and chart a course towards the future. Schedule a free consultation with an experienced personal injury lawyer today.