Were you in a car accident recently? Do you want to know if your case is worth pursuing an accident lawsuit? We’re here to help.

Car accident settlement amounts can vary widely based on several factors. Below, we’ll break down our typical car accident settlement amounts, so that you can see where you stand.

Keep reading to learn more!

Minor Injuries

For minor injuries like bruises, sprains, or minor whiplash, a typical car accident settlement amount can range from a few thousand dollars up to $15,000. In general, it is important to keep in mind that the more severe the injury, the higher the settlement amount awarded. However, these smaller settlements are generally based upon the amount of documented medical bills and lost wages from work due to the injury.

Moderate Injuries

In cases with more moderate injuries, such as fractures, lacerations, or soft tissue injuries that require surgery or extensive medical treatment, settlements can range from $50,000 to $125,000. The exact amount depends on the severity of the injuries and the impact on the victim’s life.

These settlements may not provide full compensation for all medical expenses and/or lost wages but they do provide a substantial amount of financial assistance to redress these losses. Generally, the higher the severity of the injury, the higher the settlement will be.

Severe Injuries

When car accidents result in severe injuries, like traumatic brain injuries, spinal cord injuries, permanent disabilities, or extensive surgeries, settlements can exceed $75,000 and sometimes significantly exceed this amount. Victims of severe injuries can often expect to receive a higher settlement than accidents resulting in less serious injuries.

Factors that affect such injuries include:

  • negligence of the other party
  • degree of damage to the vehicle
  • economic losses
  • assessment of medical bills

All of which contribute to the settlement amount. Generally, if the defendant is found to be more than 50% at fault for the accident, they will be liable for paying the full amount of the settlement.

Wrongful Death

A wrongful death claim filed in a car accident is typically aimed at recovering compensation for the financial losses that family members suffer due to the death of their loved one. This includes losses such as medical and funeral expenses, as well as lost wages and pain and suffering.

The settlement amount in wrongful death claims depends on the facts of the case. This can include the:

  • severity of the injury
  • relationship of the injured person to the deceased
  • relative responsibility of the parties involved

A typical settlement amount for wrongful death in a car accident generally ranges from $500 to $1 million. However, every lawyer anywhere in the world, or Las Vegas, NV would tell you that the settlement amount can be higher or lower depending on the specific circumstances of the case.

Understand Typical Car Accident Settlement Amounts

Typical car accident settlement amounts depend on the severity of the incident and any resulting injuries. In some cases, car accident settlements may include medical expenses, lost wages, and other damages to property and persons.

If you have been involved in a car accident, it is best to seek legal counsel or hire a lawyer to learn more about the average settlement amount and to ensure you receive fair compensation for your damages. Contact an experienced attorney today if you need assistance with your car accident settlement.

Should you wish to explore more topics aside from an accident lawsuit claim, visit our blog.