What Is the Average Settlement for a Car Accident in Florida?
By Team at Zimmet & Zimmet, In Personal injury
Trying to recover from a personal injury after a car accident is painful enough. Having to worry about whether you are receiving a fair settlement should never be an issue.
If you want to ensure you are treated fairly and that you get the compensation you are owed after a car accident, let us help. At Zimmet&Zimmet, our legal team knows how to value your claim and consider all the factors related to your accident. You can count on us to ensure you get a fair settlement, no matter how complex your case is.
It’s worth noting that the average settlement paid for car accidents in Florida varies greatly. That’s because of how different they can be. From various sources, it’s been determined that the average settlement for car accidents in Florida range between $10,000 and $60,000. Of course, your claim may fall under or over this average amount based on the specific details and factors involved.
What’s Considered a Fair Settlement for a Florida Car Accident?
Nobody plans or wants to be involved in a car accident that causes an injury. If this situation occurs, it can be a frustrating and frightening experience. After an accident that results in injuries, you must meet specific criteria to file a claim.
The most common question victims ask when they retain the services of a personal injury attorney is how much they will receive for their case. Unfortunately, even providing an estimate is extremely challenging.
In Florida, the settlement amount provided depends on several factors, including insurance coverage, accident details, and the severity of the injuries. Having an experienced and knowledgeable car accident attorney on your side means you have someone to gather information and evidence about your accident to understand better how much it is worth and how much compensation you deserve.
If you are involved in a car accident and have trouble receiving compensation or are having issues with the insurance companies, it’s best to reach out to a personal injury attorney right away. Also, make sure never to accept an initial offer from the insurance provider. These are typically much lower than what your accident is actually worth.
How Is the Settlement for Your Car Accident Determined?
The details of your car accident will determine the amount of compensation you can receive for your settlement.
For example, with a minor auto accident where no victims were injured, the compensation amount will be less than an accident that causes significant property damage, severe injuries, or casualties.
Usually, what you do after a car accident will depend on how serious it was and how much damage occurred. In the state of Florida, you must notify law enforcement right away after an accident occurs if it results in:
- Property damage over $500
There are a few reasons accident victims don’t contact law enforcement. For example, they may believe it was minor, and therefore there’s no reason to get the police involved.
While it’s a good idea to call the police after an accident, you should also take time to document everything you can regarding damages caused by the accident, including insurance information for the other parties and their contact information.
Other information that will be considered when determining a settlement amount for your claim include:
- All medical-related costs
- Estimates for repairs
- Future medical expenses
- Lost future earnings
The information you give has a huge impact on the settlement amount you receive after an accident.
What Impacts Settlement Amounts for Florida Car Accidents?
Several factors determine the settlement amount you receive after a car accident; however, the most important factor is how serious your injuries are.
Hiring a car accident attorney is essential to maximize the compensation you are eligible for and ensure you get the amount you are due.
No-Fault Insurance Coverage
Florida has a no-fault law. This means that both parties involved in the accident will pursue a claim through their own insurer, no matter who is at fault.
This no-fault law keeps accident victims from going after an at-fault driver from costs caused by minor damages. You must file a separate claim against the at-fault party if you are eligible, which is something that your attorney can help you with.
Contact Our Legal Team for Help and Information
If you have been involved in a car accident in Florida, you should seek medical treatment and then call our legal team. We will help you gather evidence to prove your case. Our goal is to help you recover the full amount of compensation you are owed after a Florida car accident. Get in touch with our legal team at Zimmet&Zimmet today to learn more about our legal services and how we can help with your case.