Did you know that you can leave thousands of dollars on the table by not working with a lawyer for a car accident claim? While 91 percent of people receive a payout with a lawyer, only 51 percent of people do without.
If you’ve been involved in a collision and are wondering what kind of compensation you might be entitled to, or if you’re just curious about trends and patterns in these types of cases, we’ve got you covered.
From fender benders to serious crashes, we’ll take a closer look at the typical car accident settlement amounts for various scenarios based on the latest data. Keep reading to learn more.
What Are the Typical Settlement Amounts for a Car Accident in Florida?
The typical car accident settlement amount can vary greatly depending on your injuries and the circumstances surrounding the accident. Because of that, it’s hard to come by an “average” per se.
However, the amount awarded can vary from 10,000 dollars (or less) to 60,000 dollars (or more). A variety of factors will be taken into consideration when deciding what you will be awarded.
What Factors Impact the Amount You Get in a Car Accident Settlement?
There are many factors that can impact the amount you receive in a car accident settlement. Some of these factors include:
- The severity of your injuries
- The cost of your medical bills
- The amount of lost wages you have incurred
- The value of your vehicle
- The insurance policy limits of the at-fault driver
- Whether or not the at-fault driver was underinsured or uninsured
- Whether or not you were partially at fault for the accident
- State laws
These are just some of the many factors that can impact your car accident settlement. An experienced personal injury attorney will be able to evaluate all of these factors and give you a better estimate of what to expect in your settlement.
What are the Different Types of Damages in a Car Accident Claim?
There are many different types of damages that can be claimed in a car accident case. Some of the most common include:
- Property Damage
- Medical expenses
- Lost wages
- Pain and suffering
- Mental anguish
- Punitive damages
How to Calculate Your Car Accident Settlement
Car accident settlements are calculated using a number of different factors. The most important factor is the severity of your injuries. Other factors that will be considered include the amount of property damage, the other driver’s insurance coverage, and any witnesses to the accident.
To calculate your car accident settlement, you will need to obtain a copy of your medical records and an estimate of your property damages. You will also need to gather any police reports or witness statements. Once you have all of this information, you will need to meet with an experienced personal injury attorney to discuss your case and learn more about what your settlement might be worth.
Tips for Getting the Highest Settlement Possible
After an accident, you may be wondering how to get the highest settlement possible. Here are some tips:
Hire an Attorney
An experienced attorney will know how to negotiate with insurance companies and get you the best possible settlement. In addition, this also saves you time and stress.
Do you typically throw away your receipts? STOP!
Make sure to document all medical bills, lost wages, and other expenses related to the accident. This will help your attorney build a strong case for you.
Don’t Accept the First Offer
Insurance companies often make lowball offers in hopes that you’ll accept it without further negotiation. Let your attorney handle negotiations to get you the best possible settlement.
Get Medical Treatment
Be sure to get all the medical treatment you need for your injuries. This will not only help you recover, but it will also document your injuries and their effects on your life. This documentation can be used to support your claim for damages.
Be Patient and Consistent in Negotiations
It can take time to get a good settlement offer from an insurance company. By being patient and consistent in your negotiation efforts, you will maximize your chances of getting what you deserve.
How a Lawyer Can Help You Get the Highest Settlement Possible
If you’ve been involved in a car accident, you may be wondering how much your settlement will be. While there is no one-size-fits-all answer to this question, there are some factors that can affect the amount of your settlement. One of the most important factors is whether or not you have a lawyer.
Studies have shown that people who have a lawyer tend to get higher settlements than those who don’t. This is because insurance companies know that they’re more likely to lose in court if they go up against a lawyer. As such, they’re often willing to offer higher settlements to avoid having to go to court.
Of course, even if you have a lawyer, there’s no guarantee that you’ll get the highest possible settlement. But it’s definitely worth considering if you want the best chance of getting a fair settlement.
Don’t Settle for Less Than You Deserve
Car accidents in Florida can result in serious injuries and even death, so it is important to understand how much compensation you may be entitled to. The typical car accident settlement amounts for Florida claims ranges depending on the severity of the damages suffered.
Remember that there are many factors that can influence your settlement award, such as fault, medical bills, property damage, lost wages and more. Before accepting any offer or signing any documents related to your claim, it is important that you consult with an experienced personal injury lawyer who will help ensure all aspects of your case are properly taken care of, and you receive fair compensation for your claim.
Do you need a lawyer to help you get the compensation you deserve? Schedule your free consultation today.