What is the average car accident settlement?

What Is The Average Car Accident Settlement?

If you have been injured in a car accident, you’re probably left dealing with medical bills, insurance co-pays and a boat-load of unwanted stress. There is no ideal time for an auto accident; they will leave you dealing with issues and annoying nuisances that you probably never even thought you’d have to deal with.

What is a car accident settlement?

A car accident settlement is basically the negligent driver’s insurance company saying “We’re sorry our client hit you and caused physical and emotional distress, lost wages, and a wrecked automobile. Here is a check for repayment.” Unfortunately, the sum of their “peace offering” will usually be MUCH lower than what you’d expect and are entitled to. Although it is easy to place value on the amount of money that you have paid out, it is harder to place value on pain and suffering. For this reason, you should consult a Las Vegas personal injury attorney IMMEDIATELY following your accident to discuss your options for recovery. Which leads us to the purpose of this article….

how to calculate pain and suffering

There are two types of pain and suffering in any accident injury claim: 1.) physical pain and suffering and 2.) mental pain and suffering.

Physical pain and suffering. As described in the name, physical pain and suffering is the pain experienced by the plaintiff’s actual accident injuries. It includes not only the pain and suffering derived from the injuries presently sustained at the time of the accident, but also the suffering he or she is likely to experience in the future as a result of the defendant’s negligence.

Examples of physical pain and suffering may include whiplash, a broken bone that will require months of rehab, or perhaps something even more permanent, such as a brain injury or back injury.

Mental pain and suffering. This type of pain and suffering is derived from the plaintiff being physically injured in any way other than a bodily injury. Mental pain and suffering is centered on emotional distress, loss of enjoyment of life, fear, depression, anxiety, etc… Mental pain and suffering can basically be summed up as any negative emotion that affects a person in their daily life as a result of accident injury.

Examples of mental pain and suffering may include anger, depression, loss of appetite, lack of energy, lost relationships, sexual dysfunction, mood swings, and/or sleep disturbances, and Post Traumatic Stress Disorder (PTSD).

What settlement amount can I expect from a car accident?

Understandably so, one of the most frequently asked questions by an injured victim of a car accident is, “How much is my personal injury case worth?

Determining the value of any claim requires an accurate assessment of a number of factors. The quantity and severity of injuries sustained, the collective amount of medical bills, duration of treatment, permanent impairment vs. recoverable injuries, loss of earnings, compensation, and other individual damages must all be taken into account. Of course, there are other variables affecting case value, such as pre-existing medical conditions, comparative fault (distribution of the percentage of fault) and policy limits.

It is important to notate as well that the initial injuries sustained could worsen. For example, your doctor could find injuries at a later date that were directly contributed to your accident; injuries that have transformed and caused perpetual deterioration. No two injury cases are exactly alike. It is impossible to accurately predict and/or perform an accurate valuation of your case until all varying factors have, or are in the midst of, concluding treatment.

personal injury settlement estimate

Contact our office for a no-obligation settlement estimate!

Although it is nearly impossible to place an accurate valuation on any case at face value, we can provide you with an estimate. If you have been injured in an accident area, please feel free to contact our attorneys immediately to 1.) find out whether or not you are entitled to a cash compensation, and if you are, 2.) receive an estimated recovery amount. We will also help guide you through the process, regardless of whether or not you hire us, to ensure you receive the best chance for recovery following your auto accident injury. Why? Because when all is said and done, regardless of whether or not we represent you, we want to see you return to the same level of enjoyment and quality of life you experienced before your accident.

The Injury Firm attorneys are always on your side!

The most important factor to consider is the fact that your final valuation is hinged prominently on the skill level and knowledge of your attorney. After considering all of the above factors, including the effect on your person, we place an accurate valuation of your personal injury claim. We will be able to identify the responsible parties via a comparative fault analysis, and we will locate the correct insurance coverage from which the claim can be paid. The Injury Firm then takes the necessary legal steps to recover the full and fair value of your case.

We have been serving the residents of the Las Vegas, NV area for over 30 years with their injury claims. We’ve successfully recovered millions and more importantly, have been able to serve our clients with the justice they have so diligently worked for. No case is too big or too small for our experienced Las Vegas injury lawyer. Whether you need to file suit against a large corporation, or you are in a minor fender bender, we are ready, willing, and able to help you in your recovery.

As the State of Nevada provides a limited amount of time to file a claim following an accident injury, please contact us today to discover how we can help you attain a prosperous recovery.

By |2018-10-17T06:34:48+00:00October 3rd, 2018|FAQ's, Las Vegas Car Accident|0 Comments
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