What Is the Average Settlement for a Personal Injury Case in Maryland?
Personal injury settlements in Maryland vary widely depending on the circumstances of the case. While many plaintiffs receive between $7,000 and $250,000 for their claims, these amounts are not guaranteed.
If you are considering filing a personal injury claim after a car accident or other injury, it is important to understand the factors that insurance adjustors and the court system use to determine a fair settlement amount. The experienced legal team at Price Benowitz could help you maximize your compensation.
The Severity of Your Injuries
The severity of your injuries plays a significant role in the settlement amount you could receive from a Maryland case. Minor injuries, such as whiplash, could lead to an award ranging from $2,000 to $15,000. Moderate injuries, such as bone fractures, could result in a higher payout, with $50,000 to $200,000 being relatively common.
However, severe and permanent injuries, such as spinal cord damage, the loss of a limb, or a traumatic brain injury, would typically lead to a much higher settlement. Catastrophic injuries such as these may settle for as little as $250,000 or over $1 million for economic and general damages combined.
Economic Losses
Your economic losses also factor heavily into the amount of compensation you could expect to receive from a personal injury case in Maryland. Medical bills for your hospital stay, surgeries, and physical therapy are usually paid dollar for dollar in a personal injury claim. Additional tangible and quantifiable losses, including your vehicle repairs, lost wages, and loss of future earning potential, are also taken into consideration when determining your settlement.
The At-Fault Party
In Maryland, who caused the accident also plays a pivotal role in calculating personal injury settlements. Because the state follows a pure contributory negligence rule, if your actions contributed to the car crash, even in a very minor way, you would not be entitled to sue and collect compensation at all. If that is the case, your Price Benowitz attorney would explain your rights and potential legal remedies during our free case evaluation process.
Contact Our Experienced Personal Injury Attorneys To Discuss Maryland Settlement Amounts
It is important to remember that every personal injury case in Maryland is unique, and the average settlement amount may not be a reliable indicator of the compensation you can expect to receive from yours. However, if you were in a car accident, our skilled lawyers could work hard to get you the highest award possible.
Do not try to negotiate with the other party’s insurance company on your own. Their job is to pay out the smallest settlement possible, and they would not hesitate to try to tempt you with compensation that is far below average. Contact our experienced attorneys at Price Benowitz and let us help you get the most out of your claim.
