What is a Fair Personal Injury Settlement?
When you’ve been hurt in an accident, it’s normal to ask: What is a fair personal injury settlement? At Lara Law Firm, we help injury victims throughout Southern California understand what their case is worth—and fight to recover every dollar they deserve.
What Does a Fair Personal Injury Settlement Cover?
A fair settlement should account for both economic and non-economic damages, including:
- Medical bills (past, ongoing, and future)
- Lost income and reduced earning capacity
- Pain and suffering
- Mental and emotional distress
- Property damage
- Loss of enjoyment of life
- Scarring or disability
How Are Personal Injury Settlements Calculated?
There’s no exact formula, but most settlements consider:
- The severity of your injuries
- Fault and liability
- Insurance policy limits
- Long-term impact on your ability to work and enjoy life
Attorneys may use the multiplier method (medical expenses × 1.5–5) for pain and suffering, but this is only a starting point. Real case value comes from solid evidence and skilled legal advocacy.
Average Personal Injury Settlement in California
In Southern California, personal injury settlements often range between:
- $250,000+ for severe injuries or surgeries
- $15,000 to $100,000 for moderate injuries
- $1 million+ for permanent disability or wrongful death
Should You Accept the Insurance Company’s First Offer?
Before signing anything, keep in mind that insurance companies have a simple yet strict business model: Take in as much money as possible and pay out as little as possible. The insurance company does not have your best interest in mind because it is looking out for its own profit margin. So, you need a strong advocate on your side, and Lara Law Firm will work hard to get you the compensation you deserve.
Why Hire Lara Law Firm?
We maximize settlements by:
- Investigating liability and securing key evidence
- Consulting medical and economic experts
- Negotiating from a position of strength
- Taking your case to court if needed
We’re known for delivering results and personal attention.
