What Is the Average Payout for a Rear-End Collision in Florida?

Rear-end accidents are quite common in the U.S. According to the NHTSA, these accidents account for almost 30% of all accidents in the U.S. Rear-end accidents can result in a substantial number of injuries and deaths every year. When a rear-end accident occurs due to the negligence of another party, the injured party may be eligible to recover compensation. If you have suffered severe injuries in a Florida rear-end collision, understanding the average compensation you may be entitled to can be vital. However, determining how much your case is worth is a complex matter. The payout for rear-end collisions in Florida varies depending on several factors. Read on to learn more.

What Is the Average Payout for Rear-End Accidents in Florida?

There isn’t an average settlement for rear-end collisions in Florida since every case is unique. Every case will have a unique settlement value. Depending on the factors surrounding your rear-end collision case, you may recover tens or hundreds of thousands of dollars or even millions. To maximize compensation, hiring a personal injury attorney with experience handling rear-end collision cases is essential. An experienced attorney can help you gather evidence, build a strong case, and negotiate with insurance companies to secure fair compensation.

Factors That Influence the Payout After a Rear-End Accident

When it comes to rear-end collision cases, several factors impact settlement amounts in Florida. The following are some of the factors that can impact the value of a Florida rear-end collision case;

Severity of the Injuries

One of the major factors that can influence the value of a Florida rear-end collision case is the severity of the injuries. Generally, the more severe the injuries, the higher the payout. This is because more severe injuries mean longer recovery times, higher medical costs, significant pain and suffering, and a greater impact on your daily life and ability to work. These factors increase the value of economic and non-economic damages, such as medical expenses, lost wages, and pain and suffering.

Property Damage

The cost of repair to your vehicle will be factored into your compensation. The extent of damage and the costs incurred will impact how much you recover as compensation.

Medical Expenses

The medical expenses incurred after a rear-end accident play a vital role in determining the settlement value. These expenses include emergency room visits, doctor visits, medication, and diagnostic tests. Future medical expenses may also be considered if the injuries require ongoing care.

Lost Wages

How much wages you lose due to your injury can also impact the value of your case. If your ability to work in the future has been affected, you may be entitled to lost future earnings. This can significantly increase the value of your case.

Non-Economic Damages

Damages such as pain and suffering, and emotional distress can play a vital role in determining the value of your case. Non-economic damages can significantly increase the value of your case.

Comparative Negligence

Per the comparative negligence rule, if you are partially at fault for your Florida rear-end accident, your compensation will be reduced based on your percentage of fault.

Contact Us for Legal Help

Our Fort Lauderdale personal injury attorneys at The Pendas Law Firm can help you seek the compensation you deserve. Contact us today to schedule a consultation.

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

Source:

nhtsa.gov/sites/nhtsa.gov/files/analyses20of20rear-end20crashes20and20near-crashes20dot20hs2081020846.pdf