In the aftermath of a car accident, you may find yourself wondering, “What is the average settlement for a car accident?” This is a common question, yet a complicated one due to the unique nature of each case. Here in Missouri, there are several factors that contribute to the settlement value.
1. The Severity of the Injuries
The more severe your injuries, the higher your medical bills are likely to be. Thus, severe injuries often result in larger settlements. This includes cost for medical treatment, rehabilitation, and any future medical expenses related to the accident.
2. Property Damage
Significant damage to your vehicle or other personal property can increase the value of your settlement.
3. Lost Wages
If your injuries prevent you from working, either temporarily or permanently, you may be entitled to compensation for the wages you’ve lost and any future earning potential.
4. Pain and Suffering
Missouri law allows compensation for non-economic damages, commonly known as pain and suffering. This can include physical pain, mental distress, loss of enjoyment of life, and more.
5. Comparative Fault
Missouri follows a pure comparative fault rule. This means that if you are partially at fault for the accident, your settlement may be reduced by the percentage of your fault.
Average Car Accident Settlement
It’s difficult to establish a true “average” settlement for car accidents in Missouri due to the many variables involved. Cases range from minor fender benders with minimal injuries to serious accidents resulting in significant medical costs, property damage, and pain and suffering.
Conclusion
While it’s hard to predict an average settlement for a car accident in Missouri, understanding the factors that contribute to a settlement can help you make an informed decision. A seasoned personal injury attorney can offer the best guidance based on the specifics of your case.
