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One positive aspect of Georgia personal injury settlements is the fact that there is no limit on the amount of pain and suffering damages allowable when a case goes to court. Juries and judges have the freedom to award damages based on the material case facts as presented by both sides.
This method involves taking the total amount of economic damages, such as medical bills and lost wages, and multiplying it by a certain number. The multiplier that is used typically ranges from 1.5 to 5, depending on the severity of the injuries sustained.
For a majority of personal injury cases, the statute of limitations in Georgia is 2 years after the accident occurred in most cases. This can differ widely, however, depending on the circumstance of your case.
Generally, one could expect minor collisions with minimal property damage and minor injuries to result in settlements between $2,500 and $25,000. For Accidents resulting in severe injuries, the range sits at anywhere between $50,000 and $200,000, or possibly more.
The guidelines, now in their 16th edition (2022) suggest, for instance: Moderate complex regional pain syndrome ? up to £52,500. Severe complex regional pain syndrome ? between £52,500 and £84,010. Severe carpal tunnel: £13,000 to £20,000.
The Multiplier method adds up all incurred costs like medical bills, lost wages, etc. along with inevitable future costs. It then takes that total and multiplies it 1.5 to 5 times that amount depending on the severity of the pain, suffering, and emotional distress.
Pain and suffering typically refers to damages that don't have a specific dollar amount attached to them. The judge or jury decides what is a reasonable total based on the evidence presented in your case.
Ing to the Insurance Information Institute, the average personal injury car accident claim in 2019 settled for $18,417. The average property damage car accident settlement came in at $4,525 that same year.