19 Oct, 2021

What is a reasonable settlement for a car accident?

Author Todd A. Strong

A reasonable settlement for a car accident can vary from State to State. In Illinois, there are several factors used to determine what is a reasonable settlement.  These factors include, but are not limited to the following:

  1. Is liability of the at-fault party accepted or denied by the insurance company?
  2. What is the total amount of medical expenses incurred by the injured party?
  3. What are the lost wages or lost future earnings incurred?
  4. What is the nature and extent of the injuries involved?
  5. What are the future damages?
  6. What is the loss of a normal life?

There is no set mathematical formula for determining what is a reasonable settlement.  Obtaining an attorney who is experienced in automobile accident settlements will generally obtain higher settlements than non-represented injured persons.

About The Author

Photo of Todd A. Strong
Illinois workers’ compensation and personal injury lawyer Todd A. Strong is the founder of Strong Law Offices in Peoria, Illinois. Todd brings considerable legal knowledge, experience, and skill to the table to ensure injured victims throughout the state are treated with respect, dignity, and fairness.