You deserve to get compensation when you are in a car crash in Georgia caused by a reckless driver.
By seeking a car accident settlement, you may be able to get compensation for your losses. Compensation might include payment for property damage or lost wages and medical bills.
There is no standard settlement amount since each case varies based on the facts and both parties’ losses. There are certain factors that can affect a car accident settlement, including whether or not the accident involves a commercial vehicle.
You can create a car settlement calculator by looking at these factors under Georgia law. This will help you determine what type of settlement amount you will be able to receive.
There is No Average Settlement for Car Accidents in Georgia- Certain Factors Affect Georgia Car Accident Settlements
Many factors can affect the amount of a Georgia car accident settlement, including:
- Extent of the property damage in the accident;
- Severity of the personal injuries sustained in the crash;
- Number of vehicles involved in the collision;
- The type of vehicles involved in the collision;
- Number of individuals involved in the accident;
- Auto insurance coverage amounts and limits; and
- Whether comparative fault is an issue.
The settlement amount tends to go up according to the severity of the injuries from the crash. For example, the more severe your personal injuries are, the more likely it will be that you will need long-term treatment. This might include many doctor’s office visits or even surgeries over a period of time. If your injuries are severe, you might miss work, which will increase the amount of lost wages.
How Comparative Fault Can Affect a Car Insurance Settlement Amount
Sometimes the plaintiff’s injuries are serious and result in a permanent disability, lost wages, and lots of medical care.
According to Georgia law, their settlement can decrease if there is a comparative fault. Georgia follows a modified comparative fault law:
If the plaintiff is less than 50 percent at fault for the accident or injuries, they will recover damages. The amount recovered is also reduced by their percentage of fault.
Once a plaintiff is 50 percent or more at fault, Georgia law bars them from recovery.
Coverage Amounts and Limits in a Georgia Car Accident Settlement
A defendant’s auto insurance coverage amounts and limits can also impact how much a plaintiff can get in a settlement. Georgia automobile insurance law requires drivers to have these amounts of insurance:
- $25,000 per person and $50,000 per accident in bodily injury liability; and
- $25,000 per accident in property damage liability.
Some drivers pay for more insurance coverage, but many drivers have the minimum. A serious car crash might have many injuries or life-threatening injuries. In this case, a plaintiff’s losses can be more than the minimum insurance amounts. The settlement might be less than the plaintiff’s injuries if the driver doesn’t have enough insurance to cover the losses. The claimant may be able to file a car accident lawsuit for more compensation.