By Zane T. Cagle | May 6, 2024 | Car Accidents
After a car accident that wasn’t your fault, you can recover compensation for your injuries and other damages. In 2022, the average car insurance liability claim for bodily injury was $24,211, and the average liability claim for property damage was $5,313. However, understanding the average car accident settlement in Missouri does not help those who have been involved in a car accident, as every accident and settlement is unique.
If someone else was at fault for your accident and injuries, then you should be able to recover the financial cost of the damages you suffered. The exact value of your settlement will rely on a multitude of factors, and what is fair will not have anything to do with what the average settlement is.
The primary influencing factor on the value of a car insurance claim is the specific damages you sustained in the accident, which you can recover in the claim. The possible damages you could claim include:
Other than the exact damages, there are other factors that influence the value of your claim. These include:
A: The value of a car accident settlement varies based on multiple factors. Some of these include:
A: The amount of money you should ask for in a car accident settlement is the value of the economic and noneconomic damages that you suffered. Depending on the circumstances of your accident in Missouri, these may include:
An attorney can calculate a fair amount for a settlement based on your unique damages.
A: After a car accident, you can sue within five years if you have a valid personal injury civil claim. This is the statute of limitations for personal injuries in Missouri. If you do not file your claim within this time period, you lose the ability to recover compensation. This only applies to civil claims and does not apply to car insurance claims. Each private insurance provider will have its own period of time you must file by, and it is usually a much shorter timeframe.
A: Missouri is an at-fault state for car accidents, so if you are injured in a car accident, you can file with the car insurance provider of the driver who was at fault for the accident. In a car insurance claim, you can recover the damages you sustained in the accident, such as property repair or replacement costs, medical bills, and other damages. Getting the compensation you are owed can be more straightforward with a skilled car accident attorney.
If you or a loved one has been involved in a car accident, the attorneys at The Cagle Law Firm can help you file a claim. Contact our firm today.
The Cagle Law Firm serves accident and injury clients throughout St. Louis and the greater St. Louis metro area, including St. Louis Counties of Chesterfield, Wildwood, Eureka, Ladue, Olivette, Clayton, Kirkwood, Fenton, Affton, and Jefferson Counties of Arnold, High Ridge, Antonia, House Springs, and the eastern Missouri and southern Illinois communities. If you or your family needs legal assistance with your personal injury case, call The Cagle Law Firm at (314) 276-1681 or use our online contact form to request a free case review or get more information.
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