What is a reasonable settlement amount?

Ultimately, a reasonable settlement amount is one that fairly compensates you for medical bills, lost wages, and any other loss you may have suffered. A reasonable settlement offer is one that includes medical expenses, lost wages, pain and suffering, and property damage. While it varies from case to case, an experienced Personal Injury Attorney near Greenwood SC can help you find a reasonable amount for your case. First, if the proposed settlement figure is excessively high, the opposing party is likely to dismiss it outright. Another factor affecting the amount of the settlement is the insurance company, since the limits of the at-fault party's insurance policy may limit the amount you receive in a settlement.

Injuries such as traumatic brain injuries (TBI), spinal cord injuries, or serious burns often result in larger compensation due to the significant physical, emotional and financial impact on the victim. The attorneys at Brown & Crouppen are experienced in fiercely negotiating settlement amounts and defending their clients to ensure that they receive fair and adequate compensation. The legal fees, court costs and emotional cost of a lengthy trial can be substantial, making the decision to reject a fair settlement a complex and challenging option. Consulting with an experienced attorney will give you an expert opinion as to whether the offer meets the standards for a fair personal injury settlement.

As mentioned before, it's not difficult to obtain a settlement offer and, in cases where liability is clear, these offers are usually made very quickly after the accident. Calculating adequate compensation for an accident involves evaluating various types of damages and using specific methodologies to determine a fair amount of compensation. Generally, personal injury settlements can also differ considerably by state or region due to several factors, such as the cost of living, trends in jury verdicts, and state laws. When the settlement offer is significantly lower than expected, an attorney can negotiate a larger amount. Understanding reasonable settlement offers is essential for anyone who is dealing with the aftermath of an injury.

It's hard to even talk about an average personal injury settlement, since the results can vary a lot. If you suffer from conditions such as post-traumatic stress disorder, chronic pain, or depression due to the accident, these non-economic damages can significantly increase the amount of the settlement. It's impossible to say here, without knowing the details of your case, how much to ask for in a personal injury settlement.