There is no accurate way to identify the average settlement for a child in a car accident. In general, information regarding personal injury lawsuits is kept private. In most cases, the sides will sign a nondisclosure agreement preventing them from disclosing the amount of the negotiated settlement.
This lack of public information makes it impossible to accurately identify the average value of a child’s car accident settlement. Data about average settlements might not be available, but our firm could review the facts of your child’s case and evaluate its strengths.
Factors that Could Impact Your Child’s Settlement
There are different factors that could impact the value of your child’s personal injury settlement.
Some of these factors could increase the value of a case, while others could negatively impact a potential resolution.
Severity of the Child’s Injury
One of the primary factors in these cases is the severity of a child’s injuries. In general, the potential compensation for a personal injury case increases with the severity of a child’s injury.
Severe injuries generally require more medical care and could lead to extensive physical pain.
The Length of the Recovery Period
The amount of time it takes an injury to heal could also impact your child’s personal injury case. This length of time does not always scale based on the severity of the injury.
Some severe injuries could last for a relatively short amount of time, while lesser injuries like chronic pain could last a lifetime.
Insurance policies often come into play following a child injury. If the party responsible for your child’s injury is covered by liability or homeowners’ insurance, it could increase the amount of assets available to resolve the case.
The result could be a higher settlement offer compared to what might be possible with an uninsured defendant.
Quality of Life
The future quality of life can also impact the value of your child’s injury. Because a child’s body is still developing, injuries that would fully heal for an adult could have a permanent impact on a child.
Whether or not your child’s future happiness and health is impacted could alter the value of their personal injury case.
For a free legal consultation, call 800-777-7777
Common Types of Compensation
There are different types of financial compensation that could be available to your child following a car accident. These damages are tied to the severity of your child’s injury as well as the other losses suffered by your child and family.
Some of the common types of compensation include:
Pain and Suffering
A child could recover compensation for their physical pain and suffering. Some injuries could result in chronic, long-lasting pain that could follow a child for most of their life. While these damages are subjective, our firm could impress upon a jury the extent of a child’s pain following a vehicle collision.
The cost of medical care for a child involved in a car accident could be high. According to the World Health Organization (WHO), children involved in car accidents are more at risk for a serious injury than an adult based on their limited development.
A personal injury lawsuit could recover compensation for the cost of their hospital bills, ambulance rides, or prescription medication.
Loss of Future Earnings
A serious injury could impact a child’s ability to earn a living in the future. Injuries could cause physical or mental disabilities that make it difficult or impossible for your child to maintain employment when they reach adulthood.
An Attorney with Our Team Could Maximize a Child’s Injury Settlement
It is not uncommon to receive a settlement offer for your child’s car accident injuries. However, not all offers are created equally. Insurance companies are known for making inadequate settlement offers to anyone that pursues a personal injury case without legal representation.
That means while you can get a settlement for a car accident without a lawyer, you could be putting your child’s financial recovery at risk by not seeking the guidance of legal counsel.
Our attorneys know how to deal with insurance companies. We can rely on our experience to evaluate your child’s case and recognize when a settlement offer is unreasonably low.
Click to contact our Personal Injury Lawyers today
Let Our Firm Help Maximize Your Financial Recovery
An injury to a young child could be a traumatic experience for the child and their parents. These injuries have the potential to have lasting consequences in the life of your child as well as your own.
Our firm may not be able to advise you on the average settlement for a child in a car accident, but we could evaluate your child’s injury case. We are prepared to pursue a fair outcome. To learn how the team at Loncar Lyon Jenkins could help, call (800) 777-7777 for a free consultation right away.