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What is the Average Settlement for a Catastrophic Injury Claim in Las Vegas?

Suppose you were in a car or another accident that caused a catastrophic injury. In that case, you must deal with agony, the possibility of developing a lifelong handicap or disability, and high medical care costs. You are probably already aware that you have the right to bring a claim for monetary and non-monetary damages under Nevada’s injury legislation against the person who caused the accident.

How much money can you anticipate receiving from a catastrophic injury claim in Las Vegas or another place in Nevada?

Due to the individual nature of each situation, an average value cannot be stated. This article aims to give you the knowledge you need to determine a fair estimate for your specific circumstance.

What Is a Catastrophic Injury?

Before anything else, you must ensure that the injury you suffered from another person’s conduct can be considered a catastrophic injury.

A catastrophic or severe injury is a substantial physical harm that leads to permanent disability, disfigurement, or other life-altering implications. The following are examples of common catastrophic injuries:

  • Severe physical injuries: Damage to the tissue, burns, amputation, loss of orthopedic function, and fractures
  • Spinal cord injuries: complications that limit a victim’s mobility by harming the spinal cord.
  • Cognitive injuries: injure the brain, making it impossible for the victim to function, communicate, or create new memories.

Catastrophic injuries include long-term effects that cause significant pain, suffering, damage, and high medical costs. The results of these injuries must be endured for years by the victims and their families. It’s critical to receive total compensation to lessen the load.

What Do Catastrophic Injury Claims Cover?

As a result of the significant losses, catastrophic injury lawsuits can be complicated. The seriousness of these injuries means that sufferers frequently require lifelong medical care. They could never again be able to work, support their families, or participate in activities the way they used to. Working with professional catastrophic injury lawyers is essential because they have the knowledge and expertise to evaluate your claim and increase your compensation thoroughly.

You will experience physical, psychological, and emotional effects from a severe injury. It’s why the monetary compensation you get must cover all of your losses and adequately reimburse you for the injuries you sustained, including:

  • Pain and suffering
  • Medical bills
  • Emotional distress
  • Cost of home care and rehab
  • Reduced quality of life
  • Damage to property
  • Permanent disability-related cost of living
  • Lost income
  • Consortium loss
  • Loss of earning capacity

In a catastrophic injury lawsuit, victims may be awarded monetary and non-monetary damages. Punitive damages, however, can also be granted in some situations.

How Much Is the Average Settlement For a Catastrophic Injury Claim in Las Vegas?

Settlements for catastrophic injury cases vary widely because the amount granted is determined by the severity of the victim’s losses. Because catastrophic claims are so severe, settlements are usually very high. The total amount of compensation could also be impacted by factors like joint fault and the credibility of the legal claim.

Since each judgment is unique to the victim’s losses, there is no such thing as an average settlement. The catastrophic injury attorneys at the Bourassa Law Group in Las Vegas can assess your case and determine whether you are eligible to file a compensation claim and how much settlement you can expect from it. Call us at (800)870-8910 for a free consultation!

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