If you are injured in an accident that was not your fault, you may wonder how much money you could claim in a personal injury settlement. However, determining the average settlement in these cases is not always possible. Some people may see settlements well into the millions and many more may receive a modest settlement in the thousands. How much you receive will depend on the facts of your case and the injuries you sustained.
For personal injury cases, the compensation you could receive will vary based on the circumstances of your case. Many settlements are confidential, which is why it can be difficult to provide a true average. However, many plaintiffs in personal injury cases typically receive payouts between $3,000 and $75,000.
Since you cannot determine an average personal injury settlement amount based on the experiences of others, you will need to base your potential settlement on your specific circumstances. A few key factors can impact how much money you receive at the end of your settlement.
One of the biggest risks of entering the courtroom for a personal injury settlement is Florida’s pure comparative negligence standard. The jury will examine your case and determine if you share a percentage of liability for the accident. They will then decrease your award by that amount.
For example, say that you receive a settlement for $20,000 after sustaining injuries in a car accident. However, the jury finds that you were speeding at the time of the accident. You could be liable for 30% of your accident – and as a result, you will only receive $14,000.
Having a personal injury attorney on your side can craft a compelling case on your behalf, reduce your liability, and argue for your higher settlement. If you have not yet done so, contact a personal injury lawyer as soon as possible.
Have a legal question? Would you like to schedule a free consultation to discuss your case with an attorney? You can get in touch with us via the form on the right, by call or text (FL: 954-860-8434; GA: 404-287-2856), or on our social media profiles below.
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