How Much is the Average Settlement of Car Accident in Florida
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It goes without saying that an accident results in devastating injuries and financial losses. Florida – one of the most beautiful states in the United States, has emerged as one of the top contributors to the total number of car accidents taking place in a year.
The most frustrating part? There’s no average settlement value. The compensation amount entirely depends on the merit of the case, i.e. the facts and pieces of evidence surrounding your claim. But if the injury is severe and permanent, the compensation amount is usually high.
Well, we have tried answering the top 5 questions asked on average car accident settlement in Florida.
1> What is the Usual Average Settlement Value for a Car Accident?
In most cases, the average settlement value is anywhere between 1.5 to 2 times the total financial damage caused. You can expect the amount to help you recover from loses, and compensate for the pain and suffering you have gone through.
If recent reports are to be believed; the average car accident settlement value in Florida revolves around USD 15,000. However, in case of a claim that only includes damage of property, the amount is just a few dollars more than USD 3000. Of course, these are just average values. The actual amount will depend on the evidence that you’ll be able to furnish in the court of law.
2> What Will I Get Paid for My Car Accident?
Well, one shouldn’t make assumptions. The claim depends on a wide array of factors. The most important one being the damage and losses that you have actually gone through. Laws of Florida has its foundations on accident settlements on economic and non-economic damages that the victim has been through.
Though judgments of previous cases can provide you with an idea, the actual settlement amount can vary greatly. But in case of severe injuries, the compensation amount will be much greater than that of average settlement value.
3> How’s The Compensation for Car Accident in Florida Calculated?
Let’s say you encountered a car accident and incurred a total loss of USD 10,000 due to medical bills. In this case, you can expect something around USD 15,000 as compensation. This amount will include your medical bill, as well as, compensate for the pain that you have gone through.
The calculation for the final amount for a car accident in Florida is quite simple. It will include your damages and an extra amount for the pain and emotional stress that you have been through. However, the severity of the pain caused is also taken into consideration.
If the accident is catastrophic, you can even receive more than two times your financial loss. A skilled personal injury attorney can help you judge the severity of the accident and the maximum settlement amount that you should expect.
4> What Factors Determine Car Accident Settlements in Florida?
Well, there are a lot of factors that determine the average car accident settlement in Florida. The most important one being the damage inflected upon you. An experienced personal injury attorney will be able to guide you on how to include all the categories of financial losses in your claim.
There are also some external factors included in what you finally receive. If the fault of the opposition party is obvious, and if it falls clearly outside Florida’s no-fault car insurance system, you can expect the settlement amount to be higher. But if you lack evidence to support your case, your compensation amount would be lower. Simply put, the stronger and clearer your case is, the higher is the settlement amount.
5> How To Get The Best Settlement in a Florida Car Accident Claim?
There are certain things that you can do for increasing the chances of receiving an above-average settlement amount. The primary one being preparing documents and collecting pieces of evidence to prove your cause and loses that you have incurred. In this way, you will have an edge over the opposition. You can also get in touch with an experienced attorney in Florida to get the work done with ease.
Need Help? Contact Experienced Car Accident Attorney in Florida
I-4, one of the busiest freeways in the country, witnesses car accidents at regular intervals. Victims are seriously getting injured and losing a significant portion of their income post car accidents. Florida is a “no-fault” state and has strict laws governing car accident cases. Thus, obtaining compensation isn’t an easy affair. Only an experienced lawyer can help you out in such a situation.
Avita Mosai Samaroo – an experienced car accident attorney, has 6+ years of experience in helping car accident victims in Florida. She strategically places every piece of evidence in the court of law, so that you always get what you deserve.
Give her a call on 407‐250‐1200 or send a mail at email@example.com to book an appointment.