What Is A Fair Settlement For A Car Accident?

Last updated on: October 11, 2022

Motor vehicle accidents may result in severe injury or significant property damage. If you have been the victim of an auto accident, you may be entitled to compensation. There are many different factors, however, that may affect your car accident settlement amount.   

In order to determine what a fair settlement amount is for a car accident, you should contact an experienced motor vehicle accident lawyer at Zinda Law Group today. 

Call our team at (800)-863-5312 for your 100 percent free consultation. You will not pay us anything unless we are successful in winning your case.

Factors That Affect Typical Car Accident Settlement Amounts

If you’ve been injured in a car accident, you’ll likely be wondering how you’ll get a fair settlement for your expenses. It is not surprising that an injured person’s idea of a fair settlement is different from that of the insurance company who is responsible for paying it. Below are some factors to consider when assessing the validity of your case. 

Actual Damages

Actual damages are those damages that a person may quantify with a receipt, invoice, tax return, or another kind of supporting documentation. 

One example may be a medical bill or other medical record; however, if the injured individual has private health insurance, or if part of the bill has been written off, a jury may only be allowed to see a portion of the total bill. 

In theory, a smaller number of actual damages may mean a smaller overall award. Insurance companies will typically take this into consideration when settling or determining a settlement amount for your claim.


The venue is the geographical location where the lawsuit has been filed. Venue is important, as it will determine the jurors who will hear the case and who may ultimately be asked to make an award. Further, a case that may be worth a small amount in one county may be exponentially more valuable in another county.

Insurance companies and personal injury attorneys are keenly aware of this and will value their cases accordingly. Insurance companies spend a great deal of time determining the risk of the venue and may choose to dig in their heels in a county they see as favorable. Conversely, a lawyer representing an injured person may do the same in a county with a history of large jury awards.

The Injured Party

The plaintiff, that’s you, is under quite a bit of scrutiny when in litigation. The plaintiff’s medical history, claims history, lawsuit history, personal background, and much more may all be discovered by the opposing party.

If the opposing party feels that it can attack a witness’s credibility, dispute the severity of the injuries claimed, or otherwise refute the plaintiff’s evidence, the value of the plaintiff’s case may be negatively affected. It is very important, therefore, for an injured party to share every detail with his or her personal injury lawyer.

Contact Zinda Law Group today to discuss what factors may be affecting your specific claim.

What Is The Average Car Settlement Amount In 2022?

The amount of compensation you will receive for a car accident will depend on a variety of factors; including the severity of your injuries, who was liable, and the extent of your property damage. 

According to the most recent data put forth by the Insurance Information Institute, the average private passenger auto insurance losses for bodily injury are $22,734, while the same for property damage are $5,314.

If you have any questions regarding your car settlement amount, contact Zinda Law Group today.

Most Common Injuries In Car Accidents

Car accidents can happen in many ways and cause many different injuries. Common car accident injuries include:

  • Broken bones
  • Traumatic brain injuries
  • Sprains
  • Cuts and lacerations
  • Spinal cord injuries
  • Dislocated joints
  • Amputation
  • Death

It isn’t a secret that car accidents are dangerous and cause severe injuries. Zinda Law Group personal injury lawyers have helped numerous individuals get the compensation they deserve for their injuries, and we may be able to help you or your loved one as well.

How Do I Calculate Car Accident Damages?

The kind of compensation you may be eligible to receive depends on the severity of your injuries, property damage, type of accident, and more. Further, you must be able to show that another individual is at fault for the accident. 

Zinda Law Group personal injury attorneys have helped countless auto accident victims get fair settlements for their auto accidents cases, including compensation for their injuries.

There are three main kinds of damages that you may be entitled to receive:

1. Economic Damages

These damages are meant to compensate the victim for their actual, monetary, losses. These damages are typically added by combining receipts, bills, and other kinds of invoices relating to your accident. 

Examples of economic damages may be medical expenses, lost earning capacity, and household services.

2. Non-Economic Damages

Non-economic damages are more subjective when compared to economic damages. These kinds of damages are not as easily added by combining out-of-pocket expenses but are instead determined by a jury on a case-by-case basis. Non-economic damages may include:

  • Pain and suffering
  • Emotional anguish
  • Reputational damage
  • Loss of enjoyment of life
  • Loss of consortium
  • Loss of enjoyment of activities

Catastrophic accidents may cause the victim severe pain or mental anguish when performing everyday tasks that he or she used to be able to do quite easily or with enjoyment. 

For example, a victim may have enjoyed cooking before his or her injury. After the accident, the individual may no longer be able to stand for long periods of time, making cooking difficult or painful. That individual may be entitled to compensation for his or her loss of enjoyment of cooking.   

3. Punitive Damages

Punitive damages are less common than economic or non-economic damages. Unlike the other types of compensation, punitive damages are not meant to compensate the victim for their losses. Instead, punitive damages are meant to punish the wrongdoer and to discourage others from making the same illegal or illicit choices. 

Punitive damages are typically only given in extreme cases and should not be expected from every lawsuit.

Need Help? Contact Zinda Law Group

When filing a lawsuit, you should choose a law firm with a reputation for aggressive and competent representation. This step is important, as it may prove to be a huge factor affecting the value of your unique case. Plus, insurance companies may pay more money on cases handled by law firms they see as a bigger threat.

If you have been the victim of an automobile accident, you may be entitled to compensation. An experienced auto accident injury attorney at Zinda Law Group may be able to help. We have the experience and ability to investigate your case, determine who is at fault, and to help get you the compensation you deserve for your motor vehicle accident injuries and property damage.

Call a Zinda Law Group personal injury attorney today at (800) 863 5312 to set up your free initial consultation. You do not have to worry about paying us anything unless we are able to win you compensation in your case. That is our “No Win, No Fee Guarantee.”

Meetings with attorneys are available by appointment only.