How Injuries and Insurance Limits May Affect Personal Injury Payout Amount
A large majority of payouts in personal injury cases are the result of an out of court agreement rather than a trial as most lawyers will tell you that jury decisions are unpredictable. But sometimes there are common patterns as to how much insurance companies will agree to pay in an agreement, with some variables having a more significant effect than others.
The Type and Severity of Your Impairments
Naturally, the type and severity of your impairments will have the most influence on how much you can demand to receive for your case. The more dangerous your injuries, the more likely it is that you’ve had large medical fees, lost wages, and other damages. All of that generally and not surprisingly points to a higher arrangement or award.
Insurance policy limits can put settlement offers low the insurance company isn’t going to provide an arrangement that’s above the policy limits, even if the case might be deserving more.