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The average settlement for a car accident is $81,453. However, there is no guaranteed amount. Results differ significantly depending on the unique facts of each case. The nature and severity of your injuries, the extent of the impacts on your life, the strength of the evidence, the extent of the applicable insurance coverage, and other factors all play a role in determining how much you can receive in a settlement.
The car accident attorneys at Cordisco & Saile LLC have the experience required to give you the best shot at full and fair compensation. We’re passionate about leveling the legal playing field for accident victims facing reluctant or dismissive insurance companies. Our attorneys can estimate how much your potential settlement may be worth, so contact us today to discuss your case with a capable lawyer.
Car Accident Settlement Amount Examples
There’s no set amount for how much you could receive in a car accident settlement. However, our internal data on average settlements and examples of settlements we’ve previously secured for accident victims can provide some guidance to help value your claim. Our internal data provides the following ranges:
Minimum Car Accident Settlement Amount | Average Car Accident Settlement Amount | Maximum Car Accident Settlement Amount |
---|---|---|
$1,000 | $81,453 | $2.9M |
We’ve won over $100 million in settlements and verdicts since our firm was founded in 2016. Notable case results we’ve obtained for clients include the following:
- $2.47 million for a Bristol man seriously injured by an armored car
- $1.377 million for a car accident victim in Bucks County
- $1.075 million for a pedestrian struck by a transit van
- $865,000 for a driver and passenger hit in a left-turn collision in Bucks County
Your attorney will analyze the circumstances of your case to determine how much compensation you may be eligible to receive. Representation by a lawyer can significantly improve your chances of maximizing your settlement.
Factors That Impact Auto Accident Settlement Amounts
Car accident settlement amounts vary greatly depending on the facts of an individual case. Factors that can impact your settlement include:
- The nature and severity of your injuries. Severe injuries lead to higher payouts, especially when the victim cannot work.
- Whether you share blame for the accident. In Pennsylvania, you can still recover damages if you were partially at fault, as long as you were less than 51 percent to blame for the accident. However, the compensation will be reduced in proportion to your share of the fault.
- The defendant’s conduct. In rare cases where the defendant acted recklessly or maliciously in causing your car accident, you may be eligible for punitive damages, which could be much higher than the average settlement.
- The extent of the applicable insurance coverage. The higher the policy limits of the responsible party or parties, the greater the pool of money from which to collect.
Your attorney can help you estimate how much you may receive based on the facts of your specific case.
Get legal help from a team that will never stop fighting for you.
Fighting for Maximum Compensation After a Car Accident
There’s no guaranteed amount for a settlement in a car accident lawsuit. However, you can do a few things to increase your chances of maximizing your settlement.
Always file your claim as soon as possible after a crash. Pennsylvania’s statute of limitations for a car accident claim is two years.
The sooner you file, the less likely you are to miss critical deadlines that could cost you the right to sue. Important evidence, such as witness testimony, traffic cam footage, and accident reconstruction, becomes harder to collect as time passes. Taking action early can keep this evidence fresh and help you build a strong case.
It’s also in your best interest to hire an attorney. An experienced auto accident lawyer will know how to present your case convincingly and avoid lowball offers from insurers. At Cordisco & Saile LLC, we take our responsibilities to our clients seriously. We fight hard for everyone we represent to receive full, fair compensation after an accident.
What Could I Be Compensated for in a Car Accident Settlement?
You can pursue the recovery of two primary types of compensation in a car accident settlement: economic and non-economic damages. Economic damages compensate you for financial costs such as medical bills, lost wages, lost earning capacity, and property damage. Non-economic damages compensate you for losses that don’t have a specific monetary value, such as pain and suffering, emotional distress, and loss of enjoyment of life.
In rare cases, courts have discretion to award punitive damages when the defendant has acted maliciously or recklessly. Punitive damages aim to punish the defendant and deter future misconduct.
Your attorney will thoroughly assess your car accident case and determine the types of compensation you may be eligible to receive.
How Long Does a Car Accident Settlement Take?
Negotiations in a car accident case can take a long time to finally result in a settlement. The average settlement process is generally about 6 to 18 months long. However, several factors can impact how long a car accident settlement takes. These include the following:
- Contested Liability Issues: If your case involves significant debate about who’s at fault for the accident, it can take longer to reach a settlement. This is particularly common when multiple parties are involved in a crash.
- Severe Injuries: Catastrophic injuries can extend the negotiation process. Your attorney may wait until your condition stabilizes to get a true sense of the extent of your injuries and their impacts on your life. In addition, because severe injuries lead to higher payouts, insurers will fight harder to protect their bottom lines.
- Accident Investigation: Collecting evidence from the scene of the accident, finding witnesses to testify, and hiring experts if necessary are time-consuming tasks that can all drag out the settlement process.
It’s important to note that while getting your settlement in hand is a top priority, a short negotiations process isn’t always best. Insurers commonly make lowball offers with the promise of quick cash that fail to cover the full compensation you deserve. An attorney will hammer out every detail of your settlement a nd fight for your interests to get you justice for your injuries.
Reach Out to a Car Accident Attorney Today
If you’ve been injured in a car accident, you don’t have to suffer in silence or take on an accident claim alone. The Pennsylvania personal injury attorneys at Cordisco & Saile LLC are on your side.
You’re never just a number to us—we see beyond the potential worth of your settlement and work to meet your needs as a person. We’re deeply committed to giving accident victims in our community a fair shot against big insurance carriers.
We offer free one-on-one legal consultations to all our prospective clients. If you have questions about the average auto accident settlement and how much you may be entitled to in compensation, we’re happy to help. Call us at 215-642-2335 or reach out online today to discuss your case with a member of our team.
Serving as a personal injury attorney in Pennsylvania, Michael Saile has been honored as both a Brain Injury Top 25 Lawyer by National Trial Lawyers and a 2024 Super Lawyer. He earned his J. D. at Widener University School of Law where he was a member of the Moe Levine Trial Advocacy Honor Society. Saile is also the author of two publications titled “Not Another Bad Lawyer” and “Don’t Crash Again”.