Posted on: September 24, 2019 Posted by: Marc Mayfield Comments: 0

Texas Personal Injury and Estate Planning Attorney Marc Mayfield |
Texas Personal Injury and Estate Planning Attorney Marc Mayfield |

A common question in a Personal Injury case is, How much money is my personal injury case worth? This answer is dependent on several factors and is specific to each individual case. However, Martindale-Nolo did a personal injury study that looked at survey answers from readers who had personal injury claims. You can find that research here.

Average Personal Injury Compensation

In the study, they found that the combination of settlements and Court awards ranged between $3000.00 and $75,000.00 making the average compensation around $52,900.00.

Factors that affect the outcome of a Personal Injury Claim

Insurance Policy Limits – Insurance companies have policy limits that are set and paid for by the consumer. For example, a private car insurance policy could have a policy limit of $30,000.00 to a $100,000.00; or an 18-wheeler may have a commercial insurance policy with limits up to $1,000,000.00 or higher. Generally, a case will not receive more than policy limits, if that.

Medical Care/ Expenses – The severity of your injuries will affect what your medical expenses will be. The worse your injury is, the higher your medical expenses will be, the more likely you will be offered or awarded a higher amount.

Legal Representation –Plaintiff’s that hired an attorney had settlements or awards around $60,000.00 higher than those that didn’t seek legal representation.

What damages can I seek in an Injury Claim

Medical Expenses – You may seek to recover actual medical expenses related to you compensable injury. You may also be able to include projected medical expenses for the future depending on your injury.

Physical Pain and Suffering – You may seek compensation for the pain incurred as a result of the accident. You may also be able to seek compensation for future pain and suffering as well.

Mental Anguish – This can include embarrassment, fear, disappointment, and anger associated with your accident.

Lost Wages and Loss of Earnings Capacity – You can seek any employment earnings you have lost as a result of the accident. This can include lost wages in the future due to your diminished ability to earn in the future.

Physical Impairment or Disfigurement – You may seek compensation for any permanent disfigurement or disability associated with your accident. This includes the loss of enjoyment in life.

Loss of Consortium – You may seek compensation for any damages that have impacted the relationship with a spouse. Including, loss of companionship or the inability to maintain a sexual relationship.

Getting the Most out of a Personal Injury Claim

The best approach would be to consult with a personal injury attorney. Most consultations are free for this type of case. It is always better to know your rights and options when it comes to a personal injury case.

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