If you’ve suffered a catastrophic injury because of another party’s negligence, you may wonder what your case is worth.
You might think knowing the average settlement amounts could lead you in the right direction. However, determining an actual average settlement amount is nearly impossible.
Catastrophic injury compensation amounts vary greatly. Since each case is unique, settlements can range anywhere from a few hundred dollars to millions.
The only way to know how much compensation you might be entitled to is to have an experienced catastrophic injury attorney evaluate your case.
To get started, contact us today.
What Is a Catastrophic Injury?
A catastrophic injury is a serious personal injury that causes a deformity or results in other long-term or life-altering consequences. Examples of catastrophic injuries include brain injuries, spinal cord trauma, limb amputations, and some internal injuries.
Accidents involving major or catastrophic injuries typically result in larger settlements because those injuries require more medical treatment and rehabilitation and tend to impact the victim’s quality of life significantly.
The consequences of catastrophic injuries might include:
- Permanent disability,
- Inability to work,
- Need for lifelong assistance and medications,
- Need for prosthetics and assistive devices,
- Severe deformities or scarring,
- Amputation,
- Blindness,
- Loss of hearing, and
- Severe burns.
Car accidents might be the first thing that comes to mind when talking about injury compensation, but there are other ways a person might be catastrophically injured.
For example, falls, medical malpractice, defective equipment, and dangerous products can cause life-changing injuries. Catastrophic injuries are often the result of another person’s negligence.
When another person’s carelessness causes a catastrophic injury, a personal injury lawyer can help the victim cope with the injury’s devastating effects. Financial compensation might not restore health, but it can help accident victims come as close as they can to regaining the life they enjoyed before the accident occurred.
Damages in Catastrophic Injury Cases
Damages in catastrophic injury cases will determine how much your potential settlement is worth. When calculating damages, your attorney considers a variety of factors. Whether you need ongoing medical care, the severity of your disabilities, scarring, and age are all factored into the value of your potential settlement.
Other factors that affect settlement value include the following:
- Future cost of medical treatment or rehabilitation,
- Future lost wages,
- Punitive damages depending on case circumstances,
- Pre-existing conditions or medical issues before the accident, and
- A determination of who was at fault for the accident.
More often than not, medical bills and lost wages account for the biggest portions of a settlement value. The impact your injury has had on your career and your overall ability to earn a livelihood are important factors that should also be taken into account.
Were You Catastrophically Injured? Contact an Injury Attorney Today
For over 40 years, Wells Call Injury Lawyers has helped catastrophic injury victims hold the parties responsible for their losses accountable. We are dedicated to helping every client get the best outcome possible so that they can get on the road to recovery.
We have helped our clients win over half a billion dollars in compensation, and we can help you fight for the compensation you need and deserve. Contact us today for a free consultation to find out more about how we can help you.