What’s the Average Settlement for a Car Accident?

A car accident can cost a victim significant financial losses. In the wake of a car accident, you may wonder how you will be able to pay for your sudden medical bills, lost wages, property damage, and more. With the right legal team on your side, you may be able to recover more compensation than if you were to go through the process on your own.

How Much Can I Recover After a Car Accident?

Car accidents, depending on their severity, can cost victims tens of thousands of dollars, particularly if serious or catastrophic injuries result from the crash.

Given the high stakes, it’s vital you have a seasoned legal team on your side to increase your chances of recovering maximum possible compensation. Otherwise, you risk falling into a financial hole in the future.

Studies have shown that hiring a lawyer can significantly affect the outcome of a personal injury claim. In fact, those with attorneys receive settlements or awards that are $60,000 higher, on average, than those who go through the legal process on their own. Even after deducting the average fees charged by most personal injury attorneys, those with legal representation typically walk away with about three times as much compensation as those who proceed unrepresented.

Given that information, know that your car accident claim is much more likely to succeed with legal representation. Therefore, the amount you can recover for a car accident claim will vary greatly depending on the route you choose to take.

However, in terms of specifics, claimants who do receive a “payout” for a personal injury claim often recover an amount between $3,000 to $75,000, with the overall average being $52,900. This amount can be significantly greater, however, depending on your attorney’s skills and experience.

At Robert Peirce & Associates, P.C., our Pittsburgh personal injury attorneys have a strong track record of success. Our team has recovered millions for clients across the state, and we’re here to help you, too.

Call Robert Peirce & Associates, P.C. at (844) 383-0565 to schedule a free consultation.