Car Accident Injury Claim Amount. And the $18,417 average settlement amount is for private passenger cars. It doesn’t apply to business vehicles.
If you are a victim of a car accident, you must be wondering what will be the total amount you will be receiving as a settlement offer from an insurance provider. It is a significant and painful injury that deserves compensation. A common injury sustained in road traffic accidents is whiplash, and to illustrate our point about compensation awards and severities, we’ll take a look at average whiplash payouts.
Compensation exists to provide support to get you back to where you were before your accident.
The most common question asked in this regard is, “what is the average settlement i can obtain for a car accident claim?” The injury compensation claim calculation will include loss of earnings, the cost of medical treatments and any other expenses incurred as a result of the accident. For instance, if your medical bills following a car accident are $7,000 and your injuries led to $1,500 in lost wages, lawyers will often multiply the sum of the actual damages — $8,500 — by a figure that often falls somewhere between one and five, with three being the most common multiplier. However, statistics from martindale nolo research provide some interesting numbers.
