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(512) 910-2000Written by TK Injury Lawyers, reviewed by Trent Kelly on July 18, 2024
If you’ve been in a car accident in Texas, you likely wonder: how much is my car accident settlement worth?. While there’s no one-size-fits-all answer, there are common factors that influence potential compensation in car accident injury claims.
An Austin car accident lawyer will provide personalized guidance and help maximize your settlement based on your specific circumstances. Seek your free consultation with TK Injury Lawyers today.
In Texas, car accident settlements can vary significantly. Some people might deserve a few thousand dollars, while others could get hundreds of thousands or even millions. It all depends on what happened in the accident and how badly you were hurt.
The Insurance Information Institute reports that $22,734 was the 2022 average for bodily injury claims in Texas. But remember, your case could be worth more or less than this. It’s important not to compare your case to others or rely on averages because every accident is different. Know what to do in case of a car accident to follow the right steps.
In Texas, you can get money for different kinds of “damages” after a car accident. Some of these include:
To figure out how much your case is worth, insurance companies and lawyers look at:
They add up all these costs and then decide on a fair amount for your economic losses and pain and suffering.
Several things can increase or decrease your settlement, and they include:
Strong evidence can really help your case, and it might include:
If you’re in Austin, Texas, talking to a car accident lawyer can be a huge benefit, discover what kind of lawyer do you need for a car accident here. TK Injury Lawyers can figure out how much your case is really worth, gather all the evidence you need, deal with the insurance company for you, fight to get you the most money possible, and take your case to court if needed. Contact us online or call (512) 910-2000 for a free consultation.
Every car accident case is unique, so your settlement amount will depend on the specific details of your situation. Be patient and seek assistance from our firm to make sure you’re treated fairly.
Trent Kelly obtained his law degree from the University of Arkansas in 2007. He is licensed to practice law in Texas and regularly assists clients with their legal matters. Trent’s practice is primarily focused on personal injury matters – particularly those involving motor vehicles (such as cars, commercial trucks, 18-wheelers, and motorcycles) and wrongful death – but he also handles various business litigation matters as well. Click here to take a look at some complex cases Trent has resolved.
Years of experience: +15 years
Location: Austin, TX
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This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by attorney Trent Kelly, who has more than 15 years of legal experience as a practicing personal injury trial attorney.
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