TBIs, often known as traumatic brain injuries, are typically fatal. However, even relatively slight concussions can have unnoticed side effects, particularly if the sufferer experiences another brain injury.
Every year, between 1.7 and 3.8 million people are thought to experience traumatic brain injuries, with many of them necessitating hospitalizations. If another person’s carelessness resulted in your TBI, you might be entitled to financial compensation.
So, it is understandable that many people today want to know the typical settlement amount for a TBI claim and how much they will get. In this blog, we take you through the average settlement for a TBI claim and the factors that can affect the compensation you receive.
What Is the Average Settlement for TBI?
Some of the most significant injuries you can suffer in an accident are traumatic brain injuries. Even if your symptoms go away, issues could still arise. In a severe brain injury, prompt medical attention is essential. The danger of irreversible harm can be lowered with appropriate medical care.
Your potential settlement for a TBI depends on several things. The amounts indicated here may reflect something other than what you will get. Your claim’s value could be higher or lower.
Settlements for TBI lawsuits will typically surpass $100,000. The value of some cases may be much higher. In TBI cases, multimillion-dollar settlements are not unheard of.
What Factors Can Affect Compensation In a Brain Injury Case?
Mild to severe traumatic brain injuries are possible. What you can recuperate will depend on how severe your damage is. For instance, you will probably receive less compensation if you have a concussion that prevents you from working for a few weeks but heals on its own than if you have a significant brain injury that needs continuous treatment. The following factors can affect your compensation in a brain injury case.
Ability to Return to Work: You are entitled to compensation for all the income you lose while recovering from a brain injury. Let’s continue with the instances from earlier: you sustain a concussion and miss three weeks of work as a result. You are paid $2000 every week. Your claim for missed pay would be for $6,000 total. You are also entitled to any future lost wages, too. You can compensate for any damages if your brain injury rendered you unable to work. If your injury led you to work fewer hours or accept a lower-paying job, you might be eligible for brain injury compensation. Your profession and age in this situation may impact how much you receive.
The Impact of the Brain Injury on Non-Financial Aspects of Your Life: Most people only think about a brain injury’s financial implications. However, speech, emotions, and behavior can all be impacted by brain damage. It might directly impact how you get along with your friends and family. Many people who have lost a loved one to a traumatic brain injury discover that they have undergone a complete transformation. You should be compensated for your brain injury if it impacts your friendships and family relationships. Brain injuries can result in physical and mental pain, anguish, and lost connections. For this, you may also be eligible for compensation for brain injury.
How Many People Are Liable For Your Injuries: In some cases, only one party may be responsible for your injuries. Other times you may hold two or more parties liable. For instance, you can hold both the trucking business and the truck driver accountable for your injuries if you sustained a brain injury in a traffic collision. As a result, you might be able to obtain more money in compensation for your brain injury than you would if you held one person responsible.
How Can a Brain Injury Lawyer Help You Get a Fair Compensation for Your Injuries?
Dealing with a brain injury, or providing care for a loved one who has one, might seem nearly impossible while trying to stay afloat and have an everyday life. You don’t need to increase that list of responsibilities in any way.
Our TBI attorneys at the Bourassa Law Group will take care of obtaining compensation for any brain injuries you or a loved one may have. We will determine who is at fault, collect evidence, create a strong case, bargain with insurance, and, if required, take your case to court.
Call us at (800)870-8910 to learn how brain injury attorneys at the Bourassa Law Group in Nevada can assist you and your family. We offer a free initial consultation and take cases on a contingency basis, so there are no costs unless you get compensated for your losses.
