The average payout for a personal injury claim in the United States is approximately $62,600. This figure was derived from retrieving settlement amounts in personal injury cases that were settled in the last 5 years (between 2016 and 2021). It is important to note that the average settlement amount is just that, an average. Depending on the severity of the injury, the settlement amount can vary greatly.
In the United States, personal injury claims are usually settled out of court. This means that the parties involved in the case come to an agreement on the settlement amount without having to go to trial. The settlement amount is usually determined by the severity of the injury, the amount of medical bills incurred, and the amount of lost wages due to the injury.
In some cases, the settlement amount may also include compensation for pain and suffering. This is a subjective amount that is determined by the court and is based on the severity of the injury and the amount of suffering the injured party endured.
When deciding on a settlement amount, the court will take into account the amount of medical bills, lost wages, and pain and suffering that the injured party has endured. The court will also consider the amount of insurance coverage that the defendant has. If the defendant has a large amount of insurance coverage, the settlement amount may be higher than if the defendant had minimal coverage.
The average personal injury settlement amount is just that, an average. Depending on the severity of the injury, the settlement amount can vary greatly. If you have been injured in an accident, it is important to consult with an experienced personal injury attorney to ensure that you receive the maximum amount of compensation for your injuries. An experienced attorney can help you understand the legal process and ensure that you receive the compensation you deserve.