Based on the information provided by the Insurance Information Institute, the average car accident personal injury claim was settled for about $18,417 in 2019. The average settlement for property damage in car accidents stood at $4,525 the same year.
It’s worth noting that the amount of compensation you will receive will largely depend on the negotiations between the victim’s attorney and the perpetrator’s insurance company and any other parties who may have been named liable in the claim.
To calculate the appropriate settlement amount for your case, your lawyer will carefully collect all the facts surrounding your case, including your expenses and other relevant losses. Although past verdicts and outcomes aren't a guarantee of the results we can obtain in your case, you should know that we have secured significant settlements for our clients, ranging from $100,000 to $3 million.