What is the average settlement amount for a catastrophic injury case?
The average settlement amount for a catastrophic injury case in California is difficult to determine. This is because each case is unique and depends greatly on the circumstances of the incident. For instance, the amount of medical bills as a result of the injury, the extent of the injury, the level of disability it causes, the current and future wage losses, and the degree of fault attributed to the defendant all play a role. Furthermore, the settlement amount could vary depending on the experienced litigators, the jurisdiction in which the case is tried, and the insurance coverage of the defendant. In general, catastrophic injury cases are more complex than other types of personal injury cases and often carry higher settlement amounts. The amount is usually based on the evidence gathered to prove and support the injured party’s claim, as well as the amount of compensation deserved based on the losses suffered as a result of the injury. Generally, catastrophic injury settlements will range from tens of thousands to millions of dollars. In some cases, an attorney may advise seriously injured plaintiffs to pursue a jury trial or binding arbitration instead of a settlement due to the complexity and magnitude of the case.
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