How Much Are Most Personal Injury Settlements?

If you’ve been injured in an accident and are pursuing a personal injury claim, you may wonder how much your settlement could be. While there is no one-size-fits-all answer, understanding the factors that influence settlement amounts can help set realistic expectations for your case.

In Redding, CA, personal injury settlements can vary greatly depending on the specific circumstances of each case. To learn more about how compensation works and what you might expect, visit our Personal Injury in Redding CA page. Additionally, our blog on What is the compensation for personal injury? explains the various types of damages you can recover in a personal injury case.

Average Personal Injury Settlements

The amount of a personal injury settlement can vary widely depending on the severity of the injuries and the specific facts of the case. However, based on industry data, the average personal injury settlement in the U.S. typically falls between $15,000 and $75,000. In California, the median jury award for personal injury cases was approximately $114,000, according to a study by Thomson Reuters .

Minor Injuries

For minor injuries, such as soft tissue injuries, sprains, or mild whiplash, settlements are often on the lower end of the spectrum. These cases tend to resolve relatively quickly and involve less medical treatment. Settlements for minor injuries often range between $3,000 and $15,000 .

Moderate Injuries

In cases involving moderate injuries, such as broken bones, significant whiplash, or injuries requiring surgery but with a good prognosis for recovery, settlements usually fall between $20,000 and $75,000 . These cases often involve higher medical bills and longer recovery times, which lead to higher settlement amounts.

Severe Injuries

For severe injuries, such as traumatic brain injuries, spinal cord injuries, or injuries resulting in permanent disability, settlements can reach six or seven figures. These injuries require extensive medical treatment, ongoing care, and often result in long-term impacts on the victim’s quality of life. Settlements in these cases can exceed $100,000 and may even reach $1 million or more .

Factors That Influence Settlement Amounts

Several factors can impact how much you receive in a personal injury settlement:

1. Severity of the Injury

The severity of the injury is one of the most significant factors that affect the settlement amount. More serious injuries lead to higher medical bills, lost wages, and often long-term physical or emotional suffering, all of which increase the compensation amount.

2. Medical Treatment and Recovery Time

The cost of your medical treatment and the duration of your recovery also play a crucial role. The more extensive the treatment, the higher your medical expenses, which directly impacts your settlement. Additionally, longer recovery times can lead to more missed work and lost wages, further increasing the settlement amount.

3. Insurance Policy Limits

Insurance policy limits often play a significant role in personal injury settlements. If the at-fault party’s insurance policy has a low limit, you may be limited in the amount you can recover, even if your damages exceed that limit. In some cases, you may need to file a personal injury lawsuit to pursue additional compensation beyond the insurance policy limits .

4. Liability and Negligence

The degree of fault plays a significant role in determining the settlement amount. In California, the state follows a comparative negligence rule, which means that even if you are partially at fault for the accident, you can still recover damages. However, your compensation will be reduced by your percentage of fault. For example, if you’re found to be 20% at fault and your total damages are $100,000, your compensation would be reduced to $80,000.

5. Economic vs. Non-Economic Damages

In personal injury cases, you can recover both economic damages (such as medical bills and lost wages) and non-economic damages (such as pain and suffering). Non-economic damages are more subjective and can significantly increase the settlement amount, especially in cases involving severe emotional trauma or long-term physical suffering.

How Long Does It Take to Settle a Personal Injury Case?

The time it takes to settle a personal injury case can vary. Some cases are resolved in a matter of months, while others can take years, especially if the case goes to trial. Minor injury cases tend to settle more quickly because they often involve straightforward medical treatment and liability. On the other hand, severe injury cases that require ongoing medical care or involve disputes over liability can take much longer to resolve.

It’s important not to rush into a settlement before fully understanding the extent of your injuries and the future medical care you may need. Settling too quickly may leave you under-compensated for future expenses.

Should You Accept the First Settlement Offer?

In many cases, the first settlement offer from the insurance company is lower than what you deserve. Insurance companies often try to minimize payouts by offering a quick settlement in the hopes that you’ll accept it without further negotiation. However, it’s usually in your best interest to consult with an attorney before accepting any settlement offer.

An experienced personal injury lawyer can evaluate your case, negotiate with the insurance company on your behalf, and ensure that you receive fair compensation for your injuries.

Can a Lawyer Help Increase Your Settlement?

Hiring a personal injury lawyer can significantly increase your chances of receiving a higher settlement. Lawyers can help gather evidence, negotiate with insurance companies, and represent you in court if necessary. They also understand the tactics insurance companies use to minimize settlements and can push for the full compensation you deserve.

If you’ve been injured in Redding, CA, and are wondering how much your personal injury settlement could be, contact our legal team for a consultation.