In this blog post, we will take a look at some recent examples of payouts made in car accident death cases to give you an idea of what you might expect should you decide to file a lawsuit. We hope this information proves helpful and gives you some peace of mind.
What is the average payout for car accident death in the United States
Car crashes are still the leading accident in the United States. More so, it’s becoming the main cause of fatalities. According to the National Highway Traffic Safety Administration, there was a 10.5% increase in car crash deaths in 2021 from the previous year.
Every year, the death rate is going up. Based on their fatality analysis reporting system, there were:
• 15% increase in deaths on rural interstate roads and urban arterial
• 20% increase in deaths in urban collector/local
• 16% increase in multi-vehicle crashes
• 21% increase in on-road crashes
• 5% increase in speeding-related crashes
Aside from the number of deaths, a motor vehicle crash causes accident injury and property damage. Thus, finding the average payout for car accident death will vary depending on each case. What’s clear is that there was a $5.70 billion total cost of traffic crash deaths in Texas last 2018. About $4.05 billion costs where the traffic death was for motor vehicle occupants.
How do you determine who gets paid in a car accident death
In Texas, each car owner must have insurance with at least $30,000 coverage for injuries per person, $60,000 per accident, and $25,000 for property damage coverage. The amount needed for the insurance depends on different factors such as vehicle miles traveled.
Additionally, Texas is an at-fault state. This means that whoever is deemed at fault or who caused the crash is responsible for paying for the compensation.
If you’re in a car accident or your loved one had a car crash death, it’s important for you to gather evidence. This helps in determining who needs to be responsible for the crash and the consequences. Additionally, you should hire a lawyer to help with all the negotiations and paperwork.
What should you do if you are involved in a car accident death
If you have lost a loved one in a car accident, you may be wondering how much money you can expect to receive as compensation. Unfortunately, there is no easy answer to this question.
The amount of damages that a plaintiff can recover for the death of a loved one depends on many factors, including state law, the severity of the injury, and the relationship between the victim and the defendant. However, with the help of an experienced car accident lawyer, you may be able to obtain a fair and just award that helps cover your losses.
Hiring a car accident attorney is a great help to your case. You can get a free consultation on your case and get it reviewed. Plus, our team will help with negotiations with your insurance companies.