What Are The Average Payouts For Car Accidents?

Posted on

Each personal injury case will differ widely from one case to the next. This also applies to the average payout or monetary compensation the injured victim will obtain once the claim is resolved via a settlement or verdict after a jury trial. This also means that the payout for a car accident claim will be based on the unique circumstances of the accident, which can include:

  • Economic Losses – These include all accident-related out-of-pocket costs you incurred, which might include emergency, hospitalization, and other medical expenses, lost earnings, and damage to your vehicle and personal property.
  • Non-Economic Losses – These include all accident-connected non-physical damages, such as emotional distress, pain and suffering, loss of companionship, and/or other mental or psychological issues.
  • The Merits of the Claim – To recover compensation that is commensurate to your accident-related losses, your claim must establish, beyond a reasonable doubt, that the driver’s negligent actions caused the car accident that resulted in your injuries and other losses you incurred from the accident.
  • The Liable Party’s Insurance Policy Coverage – If the negligent driver has minimal auto insurance coverage and does not have substantial income or assets, the payout might not exceed the driver’s liability coverage limits.

Talk to a Skilled South Carolina Car Accident Lawyer Today

If you want to learn more about your car accident case and how much compensation you can potentially recover, schedule a free case review with our experienced South Carolina car accident lawyer today. You can reach the Dan Pruitt Injury Law Firm by calling 864-280-7660 or filling out our online form.

[RELATED POST]: When Should You Hire An Attorney After A Car Accident?

Car Accident Payout FAQ

Who can I recover compensation from in a car accident?

You can recover financial compensation from the negligent party that caused the car accident and your injuries.

What damages can I recover from a car accident claim?

Recoverable damages usually include medical expenses, lost earnings, pain and suffering, and/or loss of consortium or companionship.

Do I need a lawyer for a car accident claim?

You probably won’t need a lawyer for a simple fender bender. However, it’s best to at least consult with a car accident lawyer about your legal options if you suffered injuries in a car accident.

Get in touch with us today to get started with your FREE case review. We’re only a call, click, or short drive away.