Traumatic brain injury (TBI) is possibly the worst consequence of an accident. It can sustain for an unknown period and even result in death to some.
However, you can file a claim for a head injury with the help of a traumatic brain injury lawyer. In return, you have the opportunity to be compensated for the expenses of your recovery time.
In this article, we’ll discuss brain injury settlement amounts and how much money you can get from it.
Table Of Contents
- 1 What Causes Traumatic Brain Injury?
- 2 What Are the Types of Brain Injury Settlements?
- 3 What Is the Average Traumatic Brain Injury Settlement?
- 4 On Which Factors Average Brain Injury Settlements Are Determined?
- 5 Conclusion
What Causes Traumatic Brain Injury?
Accidents that take place on the road are the primary cause of traumatic brain injury (TBI). But, TBI can also cause by slip-and-fall accidents, sports accidents, defective consumer products, etc. These accidents happen due to someone else’s negligence.
Brain injury causes several damages, including:
- Medical expenses
- Lost wages
- Loss of companionship
- Expenses for lifetime care
- Cost of special equipment
- Property damage
- Pain and suffering
- Emotional distress
- Loss of life enjoyment
In such a case, the victim entitles to compensation. Indeed, money cannot bring back what you have lost. Needless to say, you are going through your struggle because of someone else’s negligence.
Still, being proactive in claiming compensation is essential to ensure your health and financial security. The compensation may reduce your stress and suffering to some extent.
What Are the Types of Brain Injury Settlements?
The average brain injury amount varies depending on the type of injury settlement. A person who lost working ability will likely get more compensation than someone who lost a few weeks.
There are three types of brain injury settlements depending on the severity of the injury. Such as;
Minor Brain Injury Settlement
A mild concussion in the brain leads to minor brain injury settlements. The length of the recovery after the concussion determines the value of the settlement. Some recovers within a few weeks or months, while injury can sustain for a long for some.
Moderate Brain Injury Settlement
A moderate concussion can have lifetime effects. The victim can have several consequences, including insomnia, chronic pain, cognitive issues, mood disorders, reduction of attention, etc. The amount for moderate brain injury settlement can be higher.
Severe Brain Injury Settlement
Severe brain injury causes the victim lifetime suffering and disabilities. Some people recover after a severe injury to some extent. Still, they will not get their everyday life ever.
The degree of impairment is considered while considering the settlement amount. It could be seizures, coordination issues, memory loss, and in the worst cases, coma or vegetative state.
What Is the Average Traumatic Brain Injury Settlement?
Since each case is different, there is no actual average settlement for traumatic brain injury. Severe traumatic brain injury, which causes the victim to be impaired forever, differs significantly from mild traumatic brain injury.
The average settlement for a traumatic brain injury starts at $100,000 and may rise to million dollars.
Generally, you can recover the compensation for brain injury in two ways: a settlement or a verdict.
A settlement occurs when both parties agree to resolve the case instead of going to court. When a case cannot be settled personally, it can proceed to court for a jury verdict.
Since jury verdict and settlement both happen differently, it is tough to determine the brain injury settlement. Jury verdicts are often higher than settlement amounts.
On Which Factors Average Brain Injury Settlements Are Determined?
Generally, the value of your case is determined considering pain and suffering, long-term medical expenses, disability, etc. However, the factor that raises the average settlement amounts most is the severity of the injury.
Damages because of mild to moderate brain injury can exceed $1,000,000. And, for severe traumatic injury, the amount can exceed $10,000,000 as the victim will require lifetime care and medical treatments.
Moreover, the brain injury settlement can be higher considering the defendant’s liability. The compensation amount may be reduced if the defendant is partially at fault.
Above all, the settlement amounts also depend on the plaintiff’s age and working capability. If a younger person becomes disabled for a lifetime, s/he will receive higher compensation than an older citizen.
After you or your loved one has suffered a traumatic brain injury, seek medical help as fast as possible. Then, discuss your case with an experienced traumatic brain injury lawyer. The lawyer will ensure you get maximum brain injury compensation for your present and future needs.