Average Auto Accident Settlement Amounts$10,000 to $25,000 for minor injuries (soft tissue damage or whiplash)$50,000 to $75,000 for long-lasting injuries that require surgery or physical therapy.$75,000 to $100,000 for spinal injuries (not resulting in paralysis)More items...
Settlement value is essentially based on what a jury would award you for what you went through because of your injury. That number is the sum of your pain, your suffering, your bills, and your lost wages.
How Do Insurance Companies Determine Settlement Amounts?The type of claim you are making. ... The policy limits and amounts allowed for recovery. ... The nature and extent of your injuries. ... The long-term effects of your accident on your life. ... The strength of your case. ... The distribution of fault. ... Previous matters.
For lower back injury settlements for sprains and strains, the average settlement is between $10,000 and $50,000. The larger settlements are the result of better lawyering and specific facts which can change the value of your case.