Getting injured because of someone else’s negligence can have a deep impact on your life. Not only when it comes to pain and suffering but also regarding medical bills and other expenses. Filing a lawsuit can be a difficult decision. However, it may be exactly what you need to get the compensation and peace of mind you deserve.

As you may expect, one of the first questions many people ask when filing a claim is how much they can expect to win. It is important to know whether going through the procedure will be worth the time and effort. This can be a difficult task, as each case is unique. However, a personal injury lawyer can help you with an estimate, based on a close evaluation of your case.

What Is the Average Personal Injury Settlement?

How much you receive from your personal injury lawsuit will depend on a variety of different factors, including:

• The type(s) of injuries received
• The cost of your medical care
• If you’ve lost wages due to inability to work
• Whether the other party had insurance coverage and how much

Of course, these are not the only factors that are considered, there are many others. In essence, how much you receive from your personal injury lawsuit will depend on the specifics of your case. Talking to a Baltimore personal injury lawyer can give you a better idea of what to expect, but they won’t be able to give you a concrete answer until they start pursuing the case.

Settlements can be as low as a few thousand dollars up to potentially millions. Most cases fall somewhere in the middle. That means the average personal injury settlement is probably around $50,000 to $75,000.

Will You Receive the Average Personal Injury Settlement?

Just because the average personal injury settlement falls in the middle of the spectrum, that doesn’t mean you should assume that’s the amount of money you’ll receive. Again, many factors have to be considered.

In addition to those listed above, whether or not the case goes to trial has to be considered. The other party may decide to settle outside of court, which could leave you with more or less money than you expect.

However, if the case goes to trial, there’s a chance you’ll get more money, but you’ll also spend a lot more time dealing with your case. There’s also no guarantee that going to trial will get you more money.

Another factor that you have to consider is what the other party can pay. They may be totally at fault and responsible for the injuries you endured, and you may have been awarded a high settlement. However, if the other party doesn’t have the money, you may need to settle for what you can get.

How To Decide if Pursuing the Case Is Worth Your Time and Effort

Getting into an accident and suffering injuries takes a lot out of you. Deciding to go through with a personal injury lawsuit will also take more time and effort, which can be draining if you’re already trying to heal.

However, if the other person is at fault, they should be held responsible. Going through with a personal injury lawsuit can also give you peace of mind and reduce a lot of stress — especially if you know your bills will get paid.

Final Thoughts

It’s difficult to determine how much you’ll get for the personal injury settlement. You may receive the average, but you may also get more or less. The best way to decide if a lawsuit is worth your time and effort is to talk to an attorney.

Not only will they be able to let you know if pursuing the case is worth it, but they’ll also give you an idea of how much you can expect from the settlement. Of course, the only way to know for sure how much your case is worth is to take it through the system and see what the court awards.

Author:

With a law degree under his belt and years of experience, Mark Scott set off to make the law more accessible to all. He decided to help people lost in the maze of legal terminology to find their way. Mark writes clear and concise pieces and gives simple advice that is easy to follow. On account of positive feedback from readers, he decided to dedicate more of his time to this goal and became a legal columnist. In his writings, Mark covers a wide array of topics, like how to seek legal counsel, or how to deal with different procedures. Furthermore, he directs his readers toward other trustworthy resources for more in-depth information.