What Is the Average Florida Auto Accident Settlement? Recent Car Accident Settlement Examples
Gregg Hollander | October 28, 2022 | Car Accidents
If you’ve been involved in a car accident in West Palm Beach, you’ll likely question how much your case is worth and how these determinations are made. In Florida, there is generally no average car accident settlement amount. The value of your case is unique to you, relying upon the details of your collision and losses.
Is There an Average for Florida Auto Accident Settlements?
It is common for West Palm Beach car accident victims to wonder what an average car accident settlement looks like in Florida, thinking this could give them a good idea of what they could expect. However, there truly is no average car accident settlement amount.
This is because car accident settlements are based on the details of the accident, and no two accident cases are the same. Therefore, it can be difficult to determine an average settlement.
Car accident settlements in Florida can range from a few thousand dollars to millions of dollars. When you consult your car accident attorney, they may be able to give you a general idea of how much your case is worth once they’ve reviewed your situation.
Compensation Available After Collisions in Florida
Compensation available to you for your case depends on your accident and resulting losses. Damages can either be economic, representing tangible losses, or non-economic, encompassing intangible losses.
Economic damages include the following:
- Past and future medical expenses
- Rehabilitation costs
- Lost earnings
- Loss of earning capacity
- Property damage
Non-economic damages may include elements such as:
Punitive damages are also available in some cases. These damages are only available in cases where the plaintiff can show that the defendant acted intentionally or with gross negligence. The primary reason for assessing punitive damages is not to compensate the victim but rather to punish the defendant.
There is no cap on damages in Florida except for punitive damages. These damages cannot exceed up to three times the amount of compensatory damages, or $500,000, whichever is higher.
Determining what damages you’re entitled to receive and how much your losses total can be challenging. Fortunately, a car accident lawyer can calculate the value of your case to pursue maximum compensation on your behalf.
Factors Affecting the Value of a Car Accident Case in Florida
Attorneys must examine several factors to decide how much your case is worth.
Determining the value of your case involves answering the following questions:
- What kinds of injuries did you sustain?
- What is the extent and severity of your injuries?
- Were you forced to take time away from work? If so, what is the total of your lost wages?
- How much did your medical bills cost?
- Will you require medical care in the future?
- Will you be able to return to work in the same capacity as before the accident?
- Will you face life-altering consequences from your injuries?
- What losses did you suffer other than financial losses?
These and other details can significantly help your lawyer figure out how much your damages total.
How To Strengthen Your Car Accident Case and Potentially Obtain a Better Settlement
Florida car accident settlements are also significantly impacted by the strength of your case. Your lawyer can determine what’s needed to build your case, including strong evidence.
Evidence often used in car accident cases includes:
- Police reports
- Medical records
- Medical bills
- Witness statements
- Photos and videos
- Traffic camera and surveillance footage
A strong case can help you reach a better settlement for your car accident claim. You can trust your lawyer to put your case on the path to fair and full compensation.
Recent Car Accident Settlement Examples
Some of the most significant recent car accident settlement examples include the following:
- Auto accident, $4.3 million: Front seat passenger sustained spinal cord injury resulting in paralysis after a commercial truck ran a stop sign and struck the vehicle on the victim’s side
- Auto accident, $2.4 million: Driver fell asleep at the wheel, crossing the median into oncoming traffic and colliding with two 18-wheelers, resulting in the death of the rear-seat passenger
While these are only two of many car accident settlement examples in Florida, they represent how much injuries and life could potentially be worth.
Contact Our Car Accident Law Firm in South Florida
If you’ve been injured in an accident, please contact our experienced personal injury lawyers in Florida at Hollander Law Firm Accident Injury Lawyers to schedule a free consultation today. We have three convenient locations in Boca Raton, Fort Lauderdale, and West Palm Beach.
Hollander Law Firm Accident Injury Lawyers – Boca Raton Law Office
7000 W Palmetto Park Rd #500
Boca Raton, FL 33433
Hollander Law Firm Accident Injury Lawyers – Fort Lauderdale Law Office
200 S.E. 6th Street #203
Fort Lauderdale, FL 33301
Hollander Law Firm Accident Injury Lawyers – West Palm Beach Law Office
319 Clematis St #203
West Palm Beach, FL 33401