What Can I Expect For A Personal Injury Settlement?

personal injury settlement examples

At Carey Leisure and Neal, we offer life-changing legal services with the utmost client care. When you are injured in an accident, we will do everything we can to ensure you get a fair settlement for your case. With over 100 years of combined experience, you can trust our lawyers to get the job done!

Before you begin a personal injury lawsuit, you may want to know what kind of settlement is possible, or average settlement amounts.

Below is a brief overview of a few personal injury case examples, as well as a few personal injury settlement amounts examples.

What is a Personal Injury Settlement?

A personal injury settlement is an official agreement intended to resolve a claim with an insurance company.  A trusted personal injury lawyer at Carey Leisure and Neal can fight for you and your family to receive a fair personal injury settlement. Some examples of personal injury cases are:

When you are involved in an accident and hire an attorney from Carey Leisure and Neal, our goal is to resolve the case for you as quickly as possible so that you can get your life back to normal.  At some point during your claim or case, your Carey Leisure and Neal attorney may suggest a settlement

Personal Injury Cases

A settlement can be offered by either party in the case, as a way to resolve the issue sooner than it would if the case went to trial. In personal injury cases, most cases end in a settlement rather than going to trial.  Fortunately, all the attorneys at Carey Leisure and Neal fight to get you the best settlement for your case; but, if the insurance companies are not offering a fair settlement, our attorneys are trial attorneys and can take your case all the way through trial.

We believe that you deserve compensation for your medical bills, time off from work, loss of earning capacity, pain, and suffering, etc. Our lawyers will make sure you get the best type of compensation available to restore your life as much as possible.

The fact is this: you are worthy of compensation whether it was a simple slip and fall case or a serious auto accident.

What Influences the Settlement in Personal Injury Claims?

There are several factors that influence the amount you may get in a settlement, including:

Injuries – The more severe your injury is the more likely you will have high medical expenses and suffering and therefore can lead to a higher payout.

Insurance Policy – The defendant’s insurance company will not offer settlements over their policy holder’s limit

While these factors you may not have control of, there is one thing you can control. Your lawyer. Having a good lawyer can make all the difference because they know how to negotiate and can get you the best offer.

Personal Injury Settlement Amounts Examples

While most personal injury cases tend to settle on an amount anywhere from 3,000 dollars to 75,000 dollars, what you need to know is that settlements vary based on the case and evidence associated with it. Your lawyer will do their best to get you the best compensation they can, but settlement value depends on the seriousness of your injuries, your medical documentation and medical treatment, your medical bills, the doctors’ recommendations for your future medical treatment, the time you missed from work, your out of pocket expenses and many other factors.

Here are a few personal injury settlements amounts examples and it’s awarded amounts:

  • $145,000 for a hit and run accident 
  • $225,000 for a car vs. bicycle accident
  • $11.7 million for a traffic wrongful death case
  • $11.5 million for an assault 
  • $5 million for a serious car accident
  • $1.8 million for negligent security 
  • $1.25 million for a serious car accident
  • $500,000 car accident 
  • $200,000 golf cart accident
  • $800,000 food poisoning 

Personal injury settlement amounts examples agreement

As you can tell, the price for these settlements can be pretty high above average. However, it will depend on the case and circumstances associated with it.

Lucky for you, when you choose a Carey Leisure & Neal lawyer, you will be completely taken care of. You can trust that you have the person on your side!

What happens if your case does not settle?

It is important to hire a law firm with Board Certified Civil Trial Attorneys on the team.  If a fair settlement can not be reached with the insurance company, you can trust our team of trial attorneys to represent you in front of a jury to fight for justice on your behalf.

How long does it take to resolve a personal injury settlement?

Typically personal injury claims take anywhere between 2 months to a year, although some have had to wait over a year to resolve their case. While you may want a quick payout in order to make up for medical expenses or loss of wages, often the first offer you get is the worst. Therefore you may want to stick it out and negotiate.

Some factors that affect the time it takes to resolve a claim can lead to a better settlement. For example, while hiring a lawyer adds an extra step to the process it often ensures you will get a higher settlement amount.

Trust Us With Your Personal Injury Settlement

At Carey Leisure & Neal, we are Board Certified experts recognized as such within the legal industry. When you become our client, we are available for you 24/7, so you know we will do whatever we can to ensure you get the best settlement for your personal injury case, whether you are in Clearwater, St. Petersburg, or elsewhere in Florida.

Contact us at (727) 291-9618 for a free no-obligation consultation and case evaluation.