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What’s the average car accident settlement?

As a team of Vancouver lawyers one of the questions we are often asked is how much is my ICBC claim worth?  If you have been seriously injured in a car accident caused by another driver, you would probably like to know how much money you can expect to receive in your ICBC claim.

Vancouver lawyers discuss factors that impact ICBC settlement amount  

At the outset, it is important to emphasize that each personal injury ICBC claim is unique and depends on a number of factors such as who was at fault for the accident, the injuries you sustained, and how the injuries are impacting your life. Factors such as the at-fault driver’s insurance policy limits or whether the accident was caused by a hit and run driver can also impact the final settlement amount.

Because each claim is unique, it is highly recommended that you get legal advice as soon as possible after the accident from an experienced ICBC claims lawyer. Vancouver, Burnaby, Surrey and Abbottsford lawyers at Simpson, Thomas & Associates offer a free initial consultation, so it costs you nothing to meet with a lawyer who will review your case, advise you on each type of compensation you are entitled to claim (these are known as “heads of damage”).

Vancouver lawyers discuss the average car accident settlement

The average ICBC car accident settlement is based on the type and severity of injuries.

The average settlement will be significantly higher in complex personal injury claims involving more severe injuries such as brain injuries, spinal cord injuries including paraplegia or quadriplegia, or other or catastrophic injuries.

Compensation for past and future wage loss and for the costs of future care are often the most significant aspects of an ICBC car accident settlement. As such, the highest average settlements are typically paid to those who are most seriously injured, for example, in cases where the accident victim is permanently disabled from working as a result of the car accident injuries and/or has extensive care needs due to their injuries.

Have questions? Contact an experienced Vancouver ICBC claims lawyer

The lawyers at Simpson Thomas & Associates are all skilled negotiators who bargain hard on behalf of our clients. If you are looking for such a lawyer, call (604) 689-8888 to schedule your free initial consultation with one of our team of ICBC claim lawyers. When you meet with one of our ICBC claim lawyers (Vancouver, Surrey/Delta, Burnaby, and Abbotsford office appointments are available), you will gain an understanding of each head of damage to which you may have a claim. We pride ourselves on providing our clients with clear legal advice and strong representation to secure full compensation from ICBC for personal injury caused by a car accident. Most ICBC court actions are resolved by negotiated settlement rather than trial. At Simpson Thomas & Associates, we do our utmost to get the best possible results, whether it means negotiating a settlement or going to trial. Contact us today to schedule your free consultation.

 

 

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