An accident can produce devastating injuries and financial losses. If you’re unable to pay the bills, the problems can compound. You should be worried about getting better, but instead, you worry about how you’re going to make ends meet.
When you’re hurt in a traffic accident, it’s fair to wonder how much you can expect to recover in a settlement. You want to know how much you can expect to receive and when you can expect to receive it. Those are fair questions. How much is the average car accident settlement? Here’s what you need to know about typical settlements in car accident cases in Florida:
How Much Is the Average Settlement for a Car Accident?
According to one source, the average car accident settlement is a little bit more than $15,400. That’s for car accidents that involve a bodily injury. The average claim that includes property damage is a little bit more than $3,000. Of course, these are just examples. The amount that you can recover in your case depends on the exact circumstances in your situation.
What Will I Get Paid for My Car Accident?
While examples from other cases can give you guidelines, your settlement may be much more or much less than the typical car accident settlement. In cases of serious injuries, your compensation might be much greater than the average settlement. The best way to determine the value of your Miami car accident settlement is to work with experienced Miami car accident attorneys to evaluate the details of your claim.
How Do You Calculate Typical Compensation for a Car Accident?
Each car accident settlement is a set amount for your damages plus an extra amount for pain and suffering and emotional anguish. The more severe or permanent your damages, the more likely your settlement is to be above average. While all accidents are serious matters, when injuries are catastrophic or life-changing, your multiplier may be higher than 1.5 or two. Your attorney can help you determine if your case qualifies for the average car accident settlement or an additional amount.
What Factors Affect Car Accident Settlements in Florida?
There are also some external factors involved in what you recover. If the fault is obvious and you have injuries that clearly fall outside of Florida’s no-fault car insurance system, you can expect your settlement to be higher. If there’s some question about legal liability or the sufficiency of the evidence in your case, you can expect the compensation to be lower. Legal questions about the admissibility of evidence can also reduce a settlement. The stronger and more clear your case is, the higher you can expect your settlement to be.
Where Does a Typical Car Accident Settlement Come From?
How to Get the Best Settlement in a Florida Car Accident Claim
Work With Our Attorneys for Car Accident Settlements in Miami
Are you unsure what car accident settlement to expect in your case? Do you want to maximize the settlement for your car accident claim? Bernstein & Maryanoff and their personal injury legal team are ready to help. With dozens of dedicated professionals, they have decades of experience helping clients value their claims and earn a fair recovery under Florida law. Contact our Miami offices today to get started on your case.