What is the average personal injury settlement?

Posted by Richard P. Hastings | Oct 23, 2018 | 0 Comments


People turn to the Internet more and more to help resolve their problems without the need to hire some type of professional. Many people who have been involved in some type of an accident, and have been injured, search the Internet to find out the value of their personal injury case so they can deal directly with the insurance adjuster without having to pay an accident attorney. Some people who have been injured in an accident will also do online research to find out the formula that they need to use to determine the value of their accident or injury case. So, what is the average personal injury settlement?

The answer to this very simple question might seem rather straightforward. However, the value of any personal injury case depends upon a great number of factors. Some of those factors could include, some or all of the following:

  • What is the liability on the part of the at-fault party, in other words, is the injured party partially responsible for his or her own injuries?
  • What is the specific injury or injuries that have resulted from the accident?
  • Are there objective findings, on an x-ray, CAT scan or MRI, that show the accident-related injury?
  • What type of medical care and treatment did you receive as a result of your accident-related injuries?
  • What was the reasonable cost of the medical care and treatment you incurred as a result of your accident-related injuries?
  • What future medical care and attention will you require and what is the cost thereof?
  • What lost income did you incur?
  • What future lost income will you incur?
  • What expert reports do you have that will justify these calculations?
  • Have you been left with a permanent injury and if so what is that injury?
  • Over what period of time did you treat for your accident-related injuries?
  • How have your accident-related injuries affected you on a day-to-day basis?
  • What activities do you now do differently as a result of your accident-related injuries?
  • What activities do you no longer do now as a result of your accident-related injuries?
  • What other expenses do you have as a result of your accident-related injuries?
  • What future expenses can you expect to incur as a result of your accident-related injuries?
  • What is your age?
  • Did you have any pre-existing injuries or conditions?
  • Did this injury exacerbate or make a pre-existing condition worse?
  • Are there any outstanding medical bills?
  • Are there any accident-related liens?
  • What is the amount of insurance coverage available to compensate you for your injuries and damages?
  • Does the at-fault party or parties have additional assets that you could attach to secure any potential judgment?
  • What other issues exist that could have a positive or negative impact upon the value of your case?

As you can see, there are a great number of issues that need to be addressed in order to determine the value of a personal injury case.

Any information that you research online will not be able to adequately answer the question as to the value of your case because there are too many components that need to be addressed to properly put together a personal injury claim to help maximize its value. You also cannot just plug numbers into some type of formula or calculator to properly determine the value of your case. There are sites online that will attempt to tell you that if you input certain data then you will be given a range of values as to your case. This information will be potentially very inaccurate because of so many factors that have yet to be considered.

If you are looking to sell your house, would you be interested in the average sale price of a home in your town or would you rather have a real estate walk through your house, perform a detailed inspection, review comparable sales, and look at a great number of other factors before determining the proper listing and sale price of your home? The answer is that you would want to get information that is specific to your particular home and not just homes in general. The same thing is true about your particular personal injury case. You would want to get information that is specific to your particular injury case. Additionally, you should consider the fact that insurance adjusters rarely, if ever, make reasonable offers to injured parties who do not have legal representation because they know they can take advantage of people who do not know how to properly evaluate their own personal injury case.

Our Connecticut personal injury attorneys provide free books and advice to injured parties and their families. Find out what you need to be doing and what you should not be doing. If our Connecticut accident lawyers feel that you do not need to hire a lawyer to assist you with your case you will be told that information. Click here to contact us today to get more information on your particular case.

About the Author

Richard P. Hastings

Attorney Hastings concentrates his practice on personal injury and litigation. Devoted to helping those who have suffered some type of wrong, Richard P. Hastings concentrates his law practice on personal injury law.


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