People who suffer injuries in Texas traffic accidents often ask themselves, “How much is my car accident case worth?” The answer to that question is different for everyone. No two crashes are alike, and numerous factors affect the potential settlement amount. To get a better idea of the value of your claim, it’s wise to consult an experienced Texas car accident lawyer.
What is the Average Car Accident Settlement Amount in Texas?
Unfortunately, there’s no reliable “average” car accident settlement in Texas. In addition to the unique factors that will apply to your specific case, the value of many settlements is kept confidential. As a result, any dollar figures found are based on limited data or unrelated information that may not reflect what your case could be worth.
An experienced attorney can be a vital asset when you want to determine your car accident lawsuit value in Texas. Not only will your lawyer understand how to account for all of your injury-related losses, but they are also familiar with Texas case law and how that can influence the value of your car accident claim.
What Factors Affect a Typical Car Accident Settlement in Texas?
Generally speaking, Texas car accident settlement amounts depend on the financial and personal costs related to your injury.
Factors that may affect the size of your settlement include:
- The injury severity
- Your past, current, and expected future medical expenses
- The duration of your recovery period
- How the injury impacts your ability to work
- The at-fault party’s insurance coverage limits
- The responsible party’s other assets
- Your share of fault for the car crash, if any
What Types of Damages Can I Recover?
Whether you file a car accident claim with the at-fault party’s insurance company or a personal injury lawsuit against the party liable for the wreck, you can seek money for the following Texas personal injury damages:
- Medical bills
- Lost wages
- Reduced earning capacity
- Pain and suffering
- Emotional distress
- Loss of enjoyment of life
- Loss of consortium
- Property damage
In some cases, car accident victims are entitled to punitive damages (also called exemplary damages), which are intended to punish the at-fault party for especially reckless conduct. However, your attorney must have “clear and convincing evidence” that the negligent party acted with fraud, malice, or gross negligence. This is a higher standard of proof under Texas law and may be applied only if the case proceeds to court.
How Does Fault Impact My Case in Texas?
Fault can significantly impact your car accident case in Texas. Under the state’s proportionate responsibility, or modified comparative fault law, you can only recover compensation if you are 50 percent or less at fault for the crash.
If you share part of the blame, you may still recover damages, but any money will be reduced in proportion to your percentage of fault.
How Long Does It Take to Settle a Car Accident Case?
The duration of the claims process varies from case to case. A relatively straightforward car accident claim involving a victim who will make a full recovery will likely resolve more quickly than a case involving severe injuries and long-term disabilities.
In serious injury cases, don’t rush to settle, even if you think it’s the best way to minimize additional stress. You could end up accepting a settlement that is far lower than what your long-term costs will be. An experienced car accident lawyer can gather evidence, including expert testimony when necessary, to present to the insurer and negotiate for the best possible result.
Contact The Patel Law Firm Today
Life after a car accident injury can be chaotic, and having skilled legal representation can make all the difference. Reach out to The Patel Law Firm. When you work with us, you’re not just a name on a case file. You’re a human being who needs real help and a dedicated advocate to help you pursue full and fair compensation.
Our law firm has a solid track record of success for accident victims in the Coastal Bend region and throughout Texas. Call or contact us today for a free consultation. We’re available 24/7, and we respond quickly to emails, calls, and messages.
