December 8, 2024

What is the Average Car Accident Settlement?

Car accidents can happen at any time and anywhere. The sounds of screeching tires, broken glass, and unmistakable crunching metal are frightening. All of a sudden, your world has come crashing to a halt.

Not only do you have to worry about your car, but you also face injuries that can range from mild to severe. To get the fair settlement you deserve, contact a Car Accident Attorney right away.

Factors That Determine the Amount of a Car Accident Settlement

Multiple factors will determine the amount of settlement an accident victim is offered. Accident Law ensures negligent drivers are held responsible for the injuries and damages they cause to innocent victims. The following are some of the factors that could influence the final settlement amount you receive.

  • Your injury type and severity
  • Financial losses, including lost wages
  • Any preexisting conditions
  • Medical records
  • Medical bills
  • Insurance coverage

You must not admit any level of fault at the scene of the accident. What you say can be used against you in the claims process and court.

Sometimes, the insurance adjusters are not fair in their approach to settling a claim. It is important accident victims understand insurance adjusters are not on the side of the victim. They are working to protect the bottom line of their employer. In some cases, accident victims cannot get a fair settlement until they seek help from a Car Accident Attorney.

How Much Is the Average Settlement Amount?

One of the first things an accident victim typically wants to know is how much their case is worth. While the final total can vary greatly, most people can expect to receive around three times the amount of their medical bills.

When serious injuries occur because of a car accident, pain and suffering are often included as a part of the settlement offer. There is no fixed formula for deciding the value of pain and suffering. Accident Law requires a victim to be able to prove their damages, including non-economic damages.

Schedule a Consultation Appointment

An accident victim should seek a consultation from an injury attorney as soon as possible. An attorney will go over the facts of your case and make an initial monetary calculation to determine its value.

Injury attorneys fight for the rights of their clients and work to get the best possible settlement. While no case outcome can be guaranteed, attorneys certainly offer great peace of mind to their injured clients.

If you have been injured in a car accident and need legal help, contact the attorneys at D.R. Patti & Associates. They are an injury law firm that proudly serves accident victims in Las Vegas and surrounding areas. They will become your advocate and fight for your rights and best interests every step of the way.

D.R. Patti & Associates

https://vegaspifirm.com/

720 S. 7th Street, 3rd Floor Las Vegas, Nevada 89101

(702) 331-3391