What Is the Average Payout for a Personal Injury Claim?

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After you learn that your injury involved some level of negligence from the other party, it’s typical to ask questions. For instance, who pays for your injuries? How can you prove fault and pursue compensation? A personal injury lawyer near you knows the answers to these questions.

One of the most common dilemmas for personal injury victims is usually how much they should be asking for from the liable party as compensation. The average payout you can expect for your claim is nearly impossible to determine without assessing your case first. Personal injury settlements can range anywhere from a few thousand to millions of dollars, depending on surrounding circumstances.  

Factors That Determine How Much You Can Get from an Injury Claim

Each personal injury accident is unique. The amount you can get as compensation for your injuries depends on certain factors like:

  • How severe are your injuries
  • Were you partly responsible for the accident?
  • Are your injuries permanent? 
  • What are the liable party’s Insurance limits?
  • How strong is your case? 
  • Do you require ongoing care?

How Much Should I Ask for My Injuries?

The amount you should ask for in a personal injury claim depends on the total damages you’ve suffered from the accident in question. In most cases, the damages are both economic and non-economic.

Economic damages comprise the monetary expenses brought by the accident, including medical care costs, lost wages, property damage, and so on. Non-economic damages, on the other hand, are the intangible losses that you’ve experienced from the incident. They include things like physical pain, emotional distress, and reduced quality of life. 

Sometimes, your injuries might involve malice, purpose, and outright egregious negligence. In such cases, the judge, and not an insurance adjuster, might award punitive damages to the victim, as well. 

Unlike economic and non-economic, punitive damages don’t act as compensation. Instead, they serve to punish the perpetrator and deter other people from committing the same acts.     

Seek Help from a Personal Injury Lawyer 

There are several things you have to consider when determining the amount of compensation you can receive for your personal injuries. 

To understand the full value of your claim, consider assessing your case with a personal injury attorney from Lopez & Humphries, PA. Our legal expertise and years of helping people pursue their rightful compensation are what you should look for in an attorney and make us an ideal partner for personal injury claims. 

Call us at (863) 774-3573 or fill out our contact form to request a free review for your case. 

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