Every car accident involves a different set of circumstances resulting in varying settlement values. Due to the fact that so many variables can impact the value of a car accident settlement, it is impossible to state what an “average” settlement would be in the state of Florida. However, the following factors may impact the value of your settlement:
- The Extent and Severity of Your Injuries: As medical bills are a major factor in car accident settlement values, the more serious your injuries are, the longer it takes for a full recovery to occur from the injuries. The settlement amount may be worth more if a full recovery is not possible.
- Car Damage: We can pursue the responsible party and the insurance company for compensation to pay for the damage to your car. The more severe the damage, the more money we can demand for settlement purposes. Frequently, we can recover the lost value of your car in addition to the value of a comparable replacement vehicle.
- Personal Property Damage: If valuable personal property, like electronic equipment or jewelry, was damaged at the time of the accident, we may be able to help you recover compensation to pay for these items.
Insurance Company Adjusters
Many insurance adjusters have an incentive to settle your claim as fast as possible while making you a relatively small settlement offer when you first file your claim. Adjusters generally have no medical or legal training, and are busy handling dozens of claims at the same time. You may do yourself an injustice if you settle for the first offer the adjuster makes; therefore, it is best to hire an attorney to represent and protect your rights.
Insurance Company Settlement Offers
Adjusters also take into account the following factors:
- Your actual current expenses and possible future expenses;
- Your lost wages or ability to earn a living;
- Pain and suffering;
- Past jury verdicts and settlement for a specific injury;
- Was there a gap in getting medical treatment;
- Are you married and do you have children;
- Do you have pre-existing injuries;
- The type of health insurance you have; and
- The time it takes to settle your case.
Contact an Attorney
In order to maximize your potential settlement value, you should contact and consult with an Attorney that specializes in dealing with car accident injuries.