How Much Should You Ask for in a Personal Injury Settlement?

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Not all personal injury cases are the same, and some cases have more value than others. The ultimate settlement value of a particular personal injury case will depend upon various factors, including the type of case, the injuries that the accident victim suffered, and the cost, nature, and extent of the accident victim’s medical treatment. The value of a personal injury case will also depend upon the amount of available insurance coverage (i.e., bodily injury coverage).

When making an initial settlement demand, the accident victim should always ask for more than what he or she thinks the case is worth. There is no set rule, but it is not unreasonable to to ask for at least three times the amount of the medical expenses.  

In any case, you want to make sure that your settlement will compensate you not only for your medical expenses (both past and future) but also for your lost wages, pain, suffering, inconvenience, and emotional distress.  An experienced Greenville personal injury attorney will be able to give you a better idea of the ultimate value of your case, depending upon its unique circumstances. 

Contact an Experienced Greenville Personal Injury Lawyer Today

The experienced attorneys at David R. Price, Jr., P.A. can help you pursue a favorable settlement offer in your personal injury legal matter. For a free case evaluation and legal consultation with a knowledgeable Greenville personal injury attorney, please give us a call at 864-432-1759 or contact us online for more information about how we can assist.

Personal Injury FAQ

What Types of Personal Injury Cases Are Worth the Most Amount of Money?

 The personal injury cases usually worth the most money involve the most severe and catastrophic injuries and damages, such as bone fractures and traumatic head injuries.

Who Decides Whether to Accept a Settlement Offer?

 As the injured party, you make the ultimate decision about whether or not to accept a pending settlement offer in your case. 

How Do I Know if an Insurance Company’s Settlement Offer is Fair?

The fairness of an insurance company’s settlement offer is subjective and will always depend on the facts of your case and other issues such as the amount of insurance coverage applicable to your case. A good settlement offer is one that fairly and fully compensates you for all of your injuries and damages. Your attorney can help you decide whether a particular settlement offer is “fair” or not. 

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