What Factors Determine The Amounts For an Average Car Accident Settlement Payout?
If you have been injured and are looking for compensation after a car accident in the form of a personal injury settlement to help cover costs incurred due to the accident you should know that a settlement is possible any time between the time of the accident and a trial verdict. There are several factors that determine settlement payouts in car accident cases, including but not limited to:
- Severity of injury
- Present & future medical expenses
- Loss of wages & future earning capacity
- Circumstances of the accident
- The insurance companies – yours & theirs
- Pain & suffering
- Whether the victim has a spouse, children, or other family members
- The actions of the truck driver involved
- The nature of the materials and/or freight being transported
Because each car accident is different, only a skilled car accident attorney will discuss with you how these factors, among others, increase the value of your claim.
Our Florida Car Accident Settlements
Wondering how Cloud Law Firm could help you? Here’s how we have been able to obtain significant car accident settlements for our clients in Florida.
$1,100,000 – Motor Vehicle Accident Payout (See Image Above)
This was a confidential settlement involving a client who was badly injured in a serious motor vehicle crash. We recovered $1 million liability limits and $100,000 underinsured limits for our client.
$500, 000 – T-Bone Car Accident Settlement Payout
The at-fault driver ran a stop sign in front of our client, causing our client to T-bone the at-fault driver. The at-fault driver was untruthful about how the accident occurred and was not interested in any sort of settlement for our client, but the electronic data downloaded from his vehicle proved our client’s version of how the crash occurred and submitted a whiplash injury claim as well as other injuries. The insurer for the at-fault party made no pre-suit offers to our client. We filed suit and ultimately recovered the full payout of $500,000 insurance policy limits, including the full limits from two insurers for the at-fault party and the full limits from our client’s own uninsured/underinsured motorist carrier.
Other T-Bone Accident Settlement Payouts in Florida
$110,000 Payout in a T-Bone Accident Settlement
Our client was a passenger in a car that was t-boned. The insurer for the at-fault party promptly tendered its $10,000 policy and our client’s underinsured motorist carrier promptly tendered its $100,000 policy to avoid suit.
$125,000 Payout in a T-Bone Accident Settlement
Our client was T-boned in an intersection by the at-fault driver. The insurer for the at-fault driver quickly tendered its $25,000 policy limits, but our client’s uninsured motorist carrier decided to fight. Initially they made no offer. After suit was filed, they increased their offer to $18,000. After depositions, the uninsured motorist carrier accepted our $100,000 policy limits demand/proposal for settlement.
$280,000 Payout in a T-Bone Accident Settlement
Our client was t-boned in an intersection. We recovered policy limits of $280,000 for our client, including a portion from the at-fault driver and a portion from the underinsured motorist carrier.
According to the car accident case examples on this page, the average payout for a T-bone settlement is between $110,000 and $500,000. This figure can vary greatly depending on the circumstances of the accident. It is always best to speak with a car accident attorney near you when trying to get a more accurate picture of what sort of settlement payout you could expect for your car accident.
$325,000 – Side-Swiped Car Accident Settlement Payout
Our client was side-swiped in an intersection. The insurer for the at-fault party made no pre-suit offers to our client, to help with their injuries and recovery. Here at Cloud Law Firm, we filed suit and ultimately recovered the full payout of $250,000 policy limits from the insurer of the at-fault party. We also recovered another $75,000 settlement from our client’s underinsured motorist carrier, who accepted our car accident settlement proposal rather than face trial.
$300,000 – Multi-Vehicle Collision Car Accident Settlement Payout
Our client was involved in a car accident where they were rear-ended at an intersection, in a multi-car collision. The insurer for the at-fault party in the collision made no pre-suit offers. Our Florida law firm filed a personal injury lawsuit and ultimately recovered the full payout of $300,000 policy limits in a whiplash injury claim as well as other injuries for our client to help with their recovery after the accident .
$280,000 – Intersection Car Accident Settlement Payout
While driving our client was t-boned while in the middle of an intersection. By retaining our legal services we were able to recover policy limits of $280,000 for our client, including a portion from the at-fault driver and a portion from the underinsured motorist carrier.
$276,000 – Parking Lot Car Accident Settlement Payout
Our client was involved in a low-speed motor vehicle collision that occurred in a parking lot, where they suffered injuries. The pre-trial settlement offers were far too law so our law firm took the case to trial. We were able to recover a jury verdict of $253,000 plus an extra amount to cover all litigation costs for our client. The recovery was far more than the pre-trial trial offers made by the insurer for the at-fault parties.
$435,000 – Rear-Ended Car Accident Settlement Payout
Our client was stopped at a red light when she was rear-ended by a commercial vehicle. The client initially hired a big-name law firm, but that firm failed to obtain any results during the year following the accident. Once we were retained, we immediately filed a lawsuit for a whiplash settlement as well as other injuries. Within six months, we negotiated a getting rear ended while stopped settlement of $435,000, which our client accepted.
$300,000 – Rear-Ended Car Accident Settlement Payout
Our client was rear-ended while stopped at an intersection, in a multi-car collision and needed a whiplash injury claim as well as other injuries. The insurer for the at-fault party made no pre-suit offers. We filed suit and ultimately recovered the full $300,000 policy limits for our client.
$175,000 – Rear-Ended Car Accident Settlement Payout
Our client was rear-ended and suffered a shoulder injury. The insurer for the at-fault party made no pre-suit offers to help with medical bills incurred from the accident. Our law firm filed a personal injury lawsuit and ultimately recovered the full $100,000 policy limits from the at-fault insurer in a getting rear ended while stopped settlement, and an additional $75,000 from our client’s underinsured motorist carrier.
According to the car accident case examples on this page, the average settlement for a rear-end collision in Florida is between $175,000 and $435,000. The amount of compensation you can expect varies greatly depending on the circumstances of the accident. If you have been involved in a rear-end car accident you should speak with a car accident attorney near you when trying to get a more accurate idea of what sort of settlement payout you could expect for your car accident.
$125,000 – Passenger Car Accident Settlement Payout
Our client was a passenger in a vehicle that was t-boned while in the middle of an intersection. Within a few weeks of being retained, our Florida law firm was able to recover the full $100,000 bodily insurance policy limits for the at-fault driver as well as the full $25,000 underinsured policy limits for the driver of the vehicle in which our client was a passenger.
And for more about our settlement payouts for other accident types such as slip & fall or motorcycle accidents see our accident results page.
Contact Our Car Accident Law Firm About Your Case Today
It’s important to reach out to an experienced car accident attorney in your area sooner than later when you have been involved in a car accident. In the state of Florida, there is a statute of limitations on submitting personal injury claims for car accidents so the sooner you can get the ball rolling the better. Here at Cloud Law Firm, we have years of experience fighting to win compensation for our clients. We understand Florida’s legal system and we are here for you. Contact our office today to set up your free case consultation. (863) 402-2207
See What Our Clients Have To Say About Us:
“Mia helped me settle my car accident that happened last year. In one year she was able to settle my case and help me take care of my medical bills while also allowing me to keep some money in my pocket. She did a great job and in a timely manner. I would highly recommend Cloud Law Firm to anyone in need of help.”
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Top Car Accident Settlements and Payouts in Florida