GITNUX MARKETDATA REPORT 2024

Statistics About The Average Car Accident Settlement

Statistic 1

"The average auto liability claim for property damage in 2019 was $4,525."

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Statistic 2

"The average auto liability claim for bodily injury in 2019 was $18,417."

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Statistic 3

"The average car accident settlement varies from $14,000 to $28,000."

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Statistic 4

"The most common car accident injuries leading to larger settlements are fractures ($75k-$100k)."

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Statistic 5

"Car accident claims involving a fatality average settlements of $1,000,000."

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Statistic 6

"The settlement for whiplash car accident injury averages between $10,000 to $20,000."

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Statistic 7

"For minor neck and back injuries the average car accident settlement is between $2,500 and $10,000."

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Statistic 8

"Insurance companies typically offer 1.5 to 2 times medical costs for pain and suffering."

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Statistic 9

"Rear-end accidents result in settlement payouts averaging between $10,000 to $50,000."

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Statistic 10

"Car accidents involving pedestrians could result in settlements averaging from $125,000 to $300,000."

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Statistic 11

"The average settlement for a child in a car accident is usually over $25,000."

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Statistic 12

"55% of personal injury lawsuits relate to auto accidents."

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Statistic 13

"Personal injury cases, including car accidents, have an 90% settlement rate in the U.S."

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Statistic 14

"The average time to settle a personal injury case, such as a car accident, is anywhere from two to three years."

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Statistic 15

"Over 2 million drivers experience permanent injuries each year due to accidents."

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Statistic 16

"Car accidents involving commercial trucks can result in settlements upwards of $1 million."

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Statistic 17

"Settlements for traumatic brain injuries (TBI) sustained in car accidents average around $100,000 to $200,000."

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Statistic 18

"Severe spinal injuries from car accidents can have settlements in the range of $75,000 to $1 million."

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