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How Much Should I Settle For After a Car Accident?

How Much Should I Settle For After a Car Accident?

Shapiro Law Team March 10, 2022 Car Accidents,Personal injury

Car Crash Injuries Can Impact Your Life

Each year, roughly 6.75 million car accidents happen in the U.S.

That’s crazy, right? It gets crazier. Of those car accidents, which include fender benders and wrongful deaths, 20 to 50 million people are severely injured or disabled. And 1.35 million people are killed in fatal crashes.*

To be fair, no one leaves the house thinking they’re going to be in a major auto accident. But it happens every day. In the event that you’re the victim of a car crash in Glendale, AZ, medical bills will pile up fast.

Instead of taking the first low-ball settlement amount that is presented to you, hire a lawyer to fight on your behalf. You may not have the time, energy, or strength to advocate for yourself. That’s where the Glendale car crash attorneys of Shapiro Law Team come in. We’re injury lawyers who specialize in motor vehicle injury cases in Phoenix and surrounding areas. Request your free legal consultation today.

How Much Should I Settle For After a Car Crash?

There is no right answer to this question. Ideally, the range for settlement depends on the investigation and the injuries you’ve suffered. The insurance company of the at-fault driver is responsible for covering any losses, but the exact number is nearly impossible to say.

As mentioned earlier, every case is unique. However, we’ve gathered average compensation amounts for auto incidents to give you an idea of the settlement amount you may receive:

  • $10,000—$25,000
    Minor injuries (soft tissue damage or whiplash)
  • $50,000—$75,000
    Long-lasting injuries that require surgery or physical therapy
  • $75,000—$100,000
    Spinal injuries not resulting in paralysis
  • $100,00 —$250,000
    Brain injuries (cognitive impairment, loss of brain function, etc.)

In circumstances where you or a loved one has suffered debilitating brain injuries or paralysis, your settlement may be anywhere from $500,000 to several million.

car-accident-settlement

 

Specific Injuries Covered in Negligent Car Accidents

  • Herniated disk Injuries
  • Knee injuries
  • Facial and head Injuries
  • Neck injuries
  • Shoulder injury
  • Brain injuries
  • Back injuries
  • Lumbar spine injuries
  • Wrongful deaths
  • Broken bone injuries

What Should I Know About Obtaining a Car Accident Settlement?

The initial months after the car accident are also when insurance companies reach out to settle with a low-ball offer. Though the amount will cover your medical bills, the initial settlement offer doesn’t take into consideration future medical bills, lost wages, recovery assistance, or damages. Not to mention, you’ll be unable to hold the at-fault parties liable for undiscovered medical ailments.

Another thing to note: obtaining a car accident settlement has limitations. If you’re injured in a motor vehicle accident, contact an experienced litigator at Shapiro Law Team to help. They’re aware of Arizona personal injury accident regulations and will help you reach a fair settlement amount as soon as possible.

Factors That Affect Your Settlement Value

When it comes to securing a car accident settlement, the Glendale car crash attorneys of Shapiro Law Team will gather documentation to prove your case. We then determine a fair range of value for your car accident settlement.

Information that impacts a car accident settlement include but are not limited to:

  • Amount of medical bills
  • Current lost wages
  • Future medical treatment
  • Police reports
  • Future lost wages
  • Pain and suffering
  • Punitive damages
  • Pre-existing conditions/medical issues
  • Proof of negligence
  • Property damage estimates
  • Employment records

Get a Free Consultation at Shapiro Law Team

Do you have an injury caused by a negligent driver? Speak with a qualified lawyer who specializes in at-fault auto accidents. David Shapiro Law attorneys will develop a strategy, conduct a thorough investigation, and pursue justice for your case. Stop minimizing your pain and injuries. Hire a car accident lawyer and get the justice you deserve for the carelessness of others.

Take the first step today. Contact Shapiro Law Team today at (480) 725-2250 for a free, confidential consultation.

Free Consultation

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