It is difficult to estimate the average of personal injury settlement amounts because each case comes with unique factors. Ultimately, a person’s injuries will determine what kind of damages they can seek and how much they stand to win.
When calculating damages, you should keep both economic and non-economic losses in mind. Additionally, you will want to factor in future losses if your injuries require ongoing treatment, prevent you from returning to work, or change the way you perform at work. A lawyer with our firm can help you calculate what fair compensation would look like in your situation.
Economic and Non-Economic Damages
When people seek compensation for a personal injury, their first concern is usually the expenses that have a clear dollar value, like medical bills. They may not realize that they are leaving money on the table when making an insurance claim, though. It is important to consider your innumerable losses, as well.
Some forms of economic damages you may recover include:
- Emergency room visits
- Doctor’s visits
- Transportation to and from your doctor
- Lost wages
Non-economic losses that may also entitle you to compensation include:
- Pain and suffering
- Loss of quality of life
These losses may be harder to calculate, but a lawyer from our firm can employ one of two methods to determine their value. They can review an initial settlement offer from an insurer to see how it calculated these losses and if it did so fairly.
For a free legal consultation, call 404-214-2001
Future Losses Resulting from Your Injuries
Your immediate losses are not the only damages you should consider in your case. If your injuries result in a long-term condition, you do not want to be left footing the bill later on.
For example, a permanent disability may require years of rehabilitation and force you to retire from your career. Consider the following damages you may qualify for:
- Rehabilitative treatment (i.e., speech therapy, cognitive therapy, psychological therapy, physical therapy, etc.)
- Home modifications
- Reduced earning capacity
An ongoing medical condition can cost you and your family a lot—psychologically, physically, and financially. You will want to make sure you calculate fair compensation for each loss, especially since you will not usually be able to seek additional payment once you accept a settlement.
Legal Representation for Your Personal Injury Case
Some victims choose to hire legal representation to pursue compensation while allowing themselves to focus on recuperating from their injuries. A lawyer from our firm can handle your case regardless of the nature of the accident.
When we take you on as a client, we can:
- Assess your case during a free consultation
- Identify the negligent party and establish their liability
- Prevent you from taking a settlement offer that would not fairly cover your losses
- Calculate your economic, non-economic, past, and future damages
- Communicate with your doctor to collect evidence of your losses
- Work on your case under a contingency-fee-basis, which means you only pay us if we secure compensation for you
- Handle all communications with insurers and the liable party
- Negotiate with insurers for fair compensation
- File a personal injury lawsuit if needed
- Abide by the state-imposed deadline for filing a lawsuit
- Represent you in a trial
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Act Quickly; Deadlines May Apply
One of the most important things to understand when pursuing a case is that you do not have an unlimited amount of time to file a lawsuit. Under OCGA §9-3-33, you only have two years from the date of the accident to file a lawsuit for personal injury.
If you attempt to file past this deadline, you may see your case dismissed. Do not risk your chance to hold a liable party accountable for your injuries. If you begin working with one of our lawyers sooner rather than later, we can help you abide by this statute of limitations.
Settlements Take Work and Time
Negotiations with insurers can take more time than you may expect. The sooner you get started on your case, the sooner you may collect your settlement or court-awarded offer. The Centers for Disease Control and Prevention (CDC) estimated a total cost of $214 billion in medical expenses and lost wages for fatal injuries and $456 billion for nonfatal injuries in 2013.
This supports the idea that accidents cause serious damages—for which the victims deserve fair compensation. Even if you are unsure whether you have a case, we can help you determine your legal options. You may discover you are owed more compensation than you thought.
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Call Kaine Law to Determine Your Legal Rights
Kaine Law advocates for victims of negligence, and we want to see how we can help you with your case. There is no average personal injury settlement amount, but we can estimate what your potential case may be worth when you discuss your accident with us during a free consultation. You have nothing to lose during this obligation-free discussion.
Do not delay, as time is of the essence. Give us a call at (404) 214-2001. Let us handle the legal process while you rest and spend time with your loved ones.