What Is the Average Payout for Different Types of Personal Injury Claims?

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What Is the Average Payout for Different Types of Personal Injury Claims?

Much like fingerprints, every Iowa personal injury case is different. Unfortunately, the differences in people’s injuries, economic losses, and other factors specific to their case make it hard to say what the “average” payout is for these cases.

Instead of trying to determine an average amount for different types of personal injury cases, it helps to know what factors influence your potential compensation, such as:

  • Medical expenses – The cost of your medical treatment can vary significantly depending on the injuries you sustained. If you need ongoing medical care after an accident, your medical bills will increase accordingly, increasing the compensation you can demand.
  • Financial losses – Your lost income, the cost to repair or replace your damaged property, and similar elements all affect your potential compensation. The more money you lose after an accident, the more you can demand from whoever caused your injuries. That’s why it’s important to be thorough when documenting your economic losses from an accident.
  • Pain and suffering – Many people don’t realize they can demand compensation for their pain and suffering after an accident or don’t know how to put a dollar amount on this loss. If your injuries leave you paralyzed and unable to perform many of your favorite activities, for instance, you can demand compensation for this drop in your quality of life. The same is true if your injuries affect your relationship with your spouse or dating partner.
  • Shared liability – If you played a role in causing an accident, your degree of fault can affect your compensation. Iowa law says you can only recover compensation for your injuries if your share of fault for an accident is 50 percent or less. If you contributed to your injuries, your compensation is reduced by your share of liability.

 

Our West Des Moines injury lawyers understand an accident affects you in many ways and are committed to helping you recover maximum compensation for your injuries. Call Loney & Schueller, LLC, now or complete our contact form for a free consultation.

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Randy vigorously negotiated my case and I received a lump sum payment in excess of $200,000. He worked extremely hard for me and made sure I was taken care of. I am more than pleased with the outcome of my case.

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Without Eric’s help and guidance I am not sure where I would be. I thank the person who referred Eric to me every day. I recommend that others use Eric for their workers’ compensation cases.

Terry of Iowa

Sarah also obtained a settlement from homeowner’s the insurance company. I would certainly recommend Sarah to represent you with regard to injuries received due to a dog bite.

Shane of Des Moines, Iowa