Average Car Accident Settlement In South Carolina
How insurance companies calculate car accident settlements.
Average car accident settlement in south carolina. One verdicts and settlements database found that the median plaintiffs verdict award for motor vehicle cases that involved back injuries is 212500. The victim is not at fault in the accident. What is the average car accident settlement in south carolina. In south carolina what is the average lawsuit settlement for an accident victim who suffers muscoskeletal back injury as a result of an auto accident.
19 million settlement for family whose child was struck and killed by a car. A settlement that works is because it is fair based on what a jury would award you because of what you went through from the accident. It is very difficult to produce an average car accident settlement amount. The injury has not caused total disability but the injury has resulted in chronic daily pain for the victim.
Your injuries lost wages damage to property pain and suffering and other compensable injuries all affect the amount of a possible settlement. This is the combination of your pain your suffering your bills and your lost wages. This is true for a bodily injury claim in a car accident case a slip and fall injury claim or any other personal injury case. These damages also known as exemplary damages are not compensatory in nature.
Most insurance companies and injury attorneys rely on one formula or another to get a starting point for settlement talks. For all car truck and motorcycle accident injury cases in the database that earned a plaintiffs verdict the median award is 300000. Average car accident settlement in south carolina its common for individuals and families seeking injury compensation to ask how much they can expect to receive after their accident. If your claim only involves damage to your car your settlement compensation will generally be the cost of repairs or replacement of the damaged item.
For example if only your bumper is damaged then your settlement compensation will be the reasonable cost to have the bumper. If you are skilled at negotiating a settlement or at convincing a jury you were seriously hurt this can make a difference too which is why many car accident victims hire a south carolina lawyer who has significant experience with negotiations and trials. There is actually no true average amount of payout because car crash cases vary widely. Herniated disc injury specific verdict and settlements.
Finally in a limited number of south carolina auto accident cases victims may be able to recover punitive damages.