According to the Bureau of Labor Statistics, nearly 2.7 million non-fatal workplace injuries were reported in 2020. These range from minor scrapes and burns to lost limbs and life-changing health problems.
Often, these work-related injuries give people grounds to make a personal injury claim. Depending on their injuries, they could be due compensation for loss of earnings, pain, suffering, and any long-term treatment they may require.
It is hard to estimate the amount a court may award for a personal injury case as it will depend on several factors. If you have injuries and want compensation, you may need to know about personal injury settlements before filing your case.
If you want to know more about these, read this guide to learn about the average personal injury settlement amounts and other facts you should know.
The Severity of Your Injuries
The average personal injury settlement is usually around $3,000 to $5,000. However, the amount of your injury settlement will depend on the severity of your injuries.
Suppose you have suffered severe injuries, such as permanent disability, disfigurement, or limb loss. In that case, you may be able to receive a much higher settlement. You will likely receive a lower settlement if you have suffered only minor injuries, such as whiplash or bruises.
The Cost of Your Medical Bills
An average personal injury settlement for medical bills is about $3,000. However, the cost of your medical bills will be much higher. The cost of your medical bills will depend on the severity of your injuries.
You can expect to pay tens of thousands of dollars in medical bills if you have a severe injury. If you have minor damage, your medical bills will be much lower.
The Amount of Time You Missed From Work
The amount of time you miss from work can significantly affect the prices of car accident settlements. For example, if you miss two weeks from work, but your compensation is only $5,000, your attorney may suggest you hold out for more.
You can get much more money if you miss six months of work. The key is ensuring you have a strong case and documentation to support your claim.
Whether or Not the Other Party Was at Fault
The cost of personal injury settlements can vary depending on several factors, such as the severity of the injury, the amount of pain and suffering, and whether or not the other party was at fault. Sometimes, the fault may be difficult to determine, making settlement negotiations more complex. Generally speaking, the more severe the injury and the more at fault the other party is, the higher the settlement amount will be.
Trial Proceedings
Generally speaking, settlements tend to be lower if the case goes to trial. It is because the plaintiff has to pay their attorneys’ fees out of any award they receive.
The average personal injury settlement amounts typically vary depending on the injuries sustained and the jurisdiction in which the trial proceedings occur. In some cases, victims may be awarded punitive damages in addition to their actual damages. Consult with legal experts to learn more about improving your lawsuit.
Getting the Most Out of Your Personal Injury Settlement
The average personal injury settlement amount depends on many factors. It includes the severity of the injury, medical fees, lost wages, and the insurance company. Contact an experienced personal injury attorney to learn more about your legal options.
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