Informal studies have estimated that most car accident settlements range between $14,000 to $28,000, making the average settlement for a motor vehicle accident claim about $21,000.
It’s important to note, however, that settlements are typically higher when the accident involves severe or permanent injuries. Depending on the severity of the injuries suffered in a wreck, the value of a claim can be worth hundreds of thousands of dollars or more.
If you’ve been hurt in an accident, the best way to determine the true value of your claim is to meet personally with experienced car accident lawyer Jeffrey Mehalic. For more than 30 years, Mr. Mehalic has helped West Virginia accident victims obtain the full and fair compensation to which they are rightfully entitled under the law.
Determining the Value of Auto Accident Settlements
The value of a car accident settlement is based on several factors, including:
- Your medical bills and lost wages
- The severity of your injuries
- How the injuries have affected your life
- How long the injury is expected to persist
- The amount of insurance coverage available
- Whether the other party was partially or fully at fault
As a general rule, the greater the severity of the injury, the more compensation will be awarded for damages. Mr. Mehalic will calculate what your claim is worth and seek compensation that covers your accident-related damages today and in the future.
Calculating Pain and Suffering
Placing a monetary value on something like pain and suffering can be a complex endeavor. While calculating economic damages such as medical costs or lost wages can be relatively straightforward, estimating the value for damages such as mental distress, inconvenience, or a loss of enjoyment of life can be more complicated.
Considerations involved in determining pain and suffering damages in a personal injury claim include:
- The severity of the physical injury
- The degree of suffering experienced by the victim
- The age of the victim
- Awards in similar cases
Compensation for someone with minor injuries and minimal pain will usually receive a smaller award for pain and suffering than someone with a catastrophic injury who will face chronic pain for the rest of his or her life.
Call Our Morgantown Auto Accident Attorney Today
If you’ve been hurt in a car wreck, contact Mehalic Law today online or at 304-346-3462 to arrange a complimentary consultation. Attorney Jeffrey Mehalic serves clients in Morgantown, Wheeling, and nearby areas in West Virginia.