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Average Personal Injury Settlements
One of the top questions among personal injury claimants is “what is the value of my case ?” Some attorneys provide general park figures, some don’t. In California it is unethical to make any comments which tend to guarantee or promise a specify outcome. There is no such thing as a typical injury claim value or average personal injury settlement, but there are some records showing judgments for personal injury trials. Personal injury settlements range a great deal depending on the specific circumstances of each case. The severity of the injury, jury verdicts in that particular jurisdiction, the insurance coverage, the insurance carrier, the personality of the claimant, the experience of the attorney, the reputation of the attorney, and a host of other factors. What is certain is that in the majority of claims, the insurance of the defendant sets the maximum cap. Most people tend not to have very many assets. The biggest asset for most people is their home, which can be protected to a great extent through various legal mechanisms.
When the accident is caused by an employee while on the job, then the employer is liable and the insurance cap often does not apply. The same is true for individuals that are know to be wealthy or believed to be wealthy. |
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