What Is an Average Bodily Injury Settlement Amount?

Being the victim of personal injury due to someone else’s negligence can be an absolutely harrowing and difficult experience.

If you or someone close to you has recently been a victim of a personal injury of some kind, you already have an inkling of all that is involved.

First, there is a need to seek treatment for your injuries immediately. If you have lost someone as the result of an auto accident or other injuries, the emotional trauma can be absolutely debilitating.

While it is difficult to think about in the moment, these injuries or deaths can bring about substantial compensation. Here, learn about the factors that go into the average bodily injury settlement.

Average Bodily Injury Settlement Amounts

It is important to note right out of the gate that having a seasoned and highly skilled practice such as Keith Zaid Law by your side during a personal injury case will yield you far higher settlement amounts than if you try to go at it alone.

Something else to bear in your mind is that there is no true, accurate number that can be guaranteed in estimating your personal injury settlement.

Like snowflakes, each and every personal injury case is unique, and the final settlement amount you will wind up with varies widely. 

Why? Because there are various factors involved with your injury that will ultimately determine your settlement amount. 

Despite the fact that you cannot ever know exactly what your settlement will be, you can get a good idea of what it could be based on the factors involved.

Let’s look at some of those factors.

Are You Going To Trial?

Whether or not your personal injury case goes to trial actually makes a huge difference in how big your settlement might be.

Did you know that over 97% of civil cases are settled or dismissed before ever reaching a courtroom?

There are high costs in going to trial, which is one of the big reasons for the high rate of settling. There is also high risk for both sides in going to trial and leaving it up to a judge and jury.

Who Is Your Opposing Party?

You very well may deserve a substantial settlement, but that doesn’t always automatically translate to one.

For example, if you were in an auto accident with an uninsured driver, you may be unable to recoup much of anything at all.

Who you are suing for damages ultimately matters more than anything in your settlement amount. Insurance policies and their limits also play a big role in your ultimate settlement, as the company will never be willing to go further than their policyholder’s coverage limitation.

What Are Your Injuries?

This will have a larger effect on your settlement amount than anything else in most circumstances. The type of injury you sustained, as well as how severe the injury is, can be claimed in any suit for damages.

In addition to being able to claim for your physical injuries, you can claim for your lost wages, pain and suffering, and emotional distress from the injury.

More On Vehicle Accidents

While the average bodily injury settlement is tough to pin down exactly, it can be calculated within a reasonable number if you add up these factors and consider them alongside a lawyer.

To learn more about vehicle accidents, check out some of our other articles.