Understanding Average Personal Injury Settlements

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Understanding Average Personal Injury Settlements

Lawrence University.org –  Average personal injury settlements would refer to the typical amount that is being awarded to individuals who have filed for personal injury claims. These are given by insurance companies or from the defendant for the damage, injury, or loss they have caused.

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Anyone who has become a victim of any of the following may be entitled to personal injury settlements:

  • Malicious prosecution
  • Slander
  • Libel
  • Bodily injury
  • Disease
  • Illness
  • False arrest
  • Disability
  • Death

Such damage, injury, or loss is usually brought about by:

  • Vehicular accidents
  • Animal bites
  • Abuse
  • Defective products
  • Medical malpractice
  • Other occurrences caused by negligence

Several factors help determine the average personal injury settlements that are to be awarded to the victim. These include:

  1. Duration of treatment
  2. Severity of the damage or injury
  3. The aftermath of the damage or injury
  4. Loss of wages
  5. Physical and psychological effects on the victim

Average personal injury settlements range from $900-$115,000. If you want to get a fair settlement, you should seek the help of a personal injury attorney. He will ensure that you get what you deserve in such difficult times.

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