What Is The Average Settlement For A Car Accident In Miami, FL?

After suffering injuries in a car accident in Miami because of another driver’s fault, you have the right to recover compensation from the other driver’s insurance company. The settlement you recover from the at-fault driver’s insurance company can cover, among other things, your medical expenses and vehicle repair. If you were in a car accident in Miami because of another driver’s fault, you might be wondering how much compensation you can expect to recover from the at-fault driver’s insurance company. You may be wondering what the average settlement for a car accident in Miami is.

So, what is the average settlement for a car accident in Miami, FL? The truth is there is really no average settlement for a car accident in Miami. Several factors can influence how much you recover in your car accident claim. To determine how much you can expect to recover in your Miami car accident claim, your attorney must first analyze the specifics of your case.

Factors That Can Affect the Value of Your Car Accident Claim

As already mentioned, because several factors can influence the value of your car accident claim, it is impossible to state with certainty what the average settlement for a car accident in Miami is. The following are some of the factors that can determine how much you recover in your Miami car accident claim:

The Severity of Your Injuries

In any car accident claim, medical expenses make up a huge component of the settlement. Therefore, the more severe your injuries, the more you can expect to recover in your Miami car accident claim. The more severe your injuries, the higher the chances you’ll need to continue receiving medical treatment even after settling your claim, meaning you’ll recover money not only for past medical expenses but also for future medical expenses. Additionally, more severe injuries result in more pain and suffering, which translates to greater compensation.

Whether You Are Also To Blame for Your Accident

In Florida, you can recover compensation from another driver after a car accident even if you are partly to blame for your accident. This is because Florida follows the comparative negligence rule when dealing with car accident claims. However, if you are partly to blame for your accident, the amount you recover will be lowered based on your percentage of fault.

The Extent of Damage to Your Vehicle

After a car accident, you have the right to pursue compensation to pay for the repair of the damage to your vehicle. Thus, the more severe the damage to your vehicle, the more you can expect to recover in your car accident claim.

Insurance Coverage Involved

Although your Miami car accident claim may be worth a lot, if the at-fault driver is underinsured, you might not recover the full extent of your damages.

Fortunately, you can recover compensation from your insurer if you have underinsured motorist coverage.

Contact Us for Legal Help

If you’ve suffered injuries in a Miami car accident because of another driver’s fault, our Miami personal injury attorneys at The Pendas Law Firm are here to help. We can help you recover the maximum possible amount of compensation.

The Pendas Law Firm also represents clients in the West Palm Beach, Fort Lauderdale, Fort Myers, Ocala, Orlando, Tampa, Jacksonville, Daytona Beach, and Bradenton areas.

Source:

leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0768/Sections/0768.81.html

By Pendas Law Firm | Posted on November 1, 2022

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$1,035,200.00

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$600,000.00

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$345,000.00

Slip and fall at a hotel bathroom

$340,000.00

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