What is the Average Settlement For a Car Accident in Arizona?
During the aftermath of an Arizona car accident, it’s only natural to wonder how much money you can expect to receive for your injuries and damages. In fact, one of the most common questions we hear as car accident attorneys is “what is the average settlement for a car accident in Arizona?”
While the average settlement amount for Arizona car accidents ranges from $10,000 to $30,000, the amount you will receive depends on many factors. As your attorney, we cannot anticipate the exact amount of compensation you will get. We can, however, advise you on the factors that will play a role in your settlement amount.
Factors to Consider in an Arizona Car Accident
Did you know that car accident cases have settled for upwards of a million dollars? If that’s the case, why is the average settlement for a car accident in Arizona under $30,000? Allow us to explain.
The settlement amount you will receive is largely dependent on the severity of your injuries, in addition to other key factors that the insurance company or jury will need to consider when making their decision. Here are some of the factors that may determine your settlement amount:
- Insurance policy limits
- Medical expenses
- Lost wages
- Severity of the injuries
- Property damages
- Whether you were at fault in the accident
Types of Damages in Car Accident Cases
When you’ve been in a car accident, there are often a range of different damages you can face from lost income and hospital bills to depression and reduced quality of life. In Arizona, these various damages are summed up into three types of damages you could recover in a car accident claim:
- Economic Damages – This type of damages covers monetary losses that occur as a result of the accident, like medical expenses, lost wages, and property damage.
- Non-Economic Damages – This type of damages covers non-monetary losses that the plaintiff faces as a direct result of the accident, including both physical and mental forms of pain and suffering.
- Punitive Damages – This is the least common form of damages and comes into play if the defendant is found to have acted intentionally or with gross negligence.
Trusted Phoenix Car Accident Attorneys
When you’ve been involved in an accident, the last thing you want to worry about is how you’re going to pay for your mortgage or groceries on top of medical bills. To ensure that you receive the compensation you deserve, it’s essential to work with an experienced personal injury attorney who can guide you through the claims process.
If you or a loved one have been injured in a car accident due to the negligence of someone else, our Phoenix car accident attorneys are here to support you. With our Aggressive Compassionate Representation, you can depend on our dedicated team to fight aggressively on your behalf while treating you with the compassion and respect you deserve.
Contact us today for a free consultation with a personal injury attorney.