How Much is the Average Wrongful Death Settlement?

Posted on August 19, 2024 in Wrongful Death

Losing a loved one due to another’s negligence is a devastating experience, but seeking justice through a wrongful death claim can provide some closure and financial relief for the surviving family members. It’s natural to want to know, “How much is the average wrongful death settlement?”

Please consult a seasoned wrongful death attorney who can ensure you know your rights and options. An experienced lawyer will gather the facts and then let you know how much you might receive. But there’s no “one-size-fits-all” answer to the question. As you’ll see below, many factors will determine your potential settlement. Instead of focusing on averages, discuss your individual circumstances with an experienced Phoenix wrongful death lawyer right away.

Factors That Influence Wrongful Death Settlements

Businesswoman lawyer and notary signing documents in an office. Concept of legal consultation, justice, and court proceedings.Several factors significantly impact the final amount when determining the average settlement in a wrongful death case. Each case is unique, and various elements can influence the outcome. Here are some of the key factors in shaping wrongful death settlements in many cases:

The Circumstances Surrounding the Death

The specific circumstances that led to the death are pivotal in determining the settlement amount. Situations involving gross negligence or intentional actions typically result in higher settlements than those involving ordinary negligence.

For instance, deaths resulting from drunk driving accidents or product liability (if a company knowingly made a dangerous product that led to a fatality) often yield higher settlements due to the severe nature of the misconduct involved. The more egregious the actions, the greater the likelihood of a substantial settlement.

The At-Fault Party’s Liability

Establishing the liability of the party at fault is essential in a wrongful death case. When the responsible party acknowledges their fault or a wrongful death lawyer proves them, the chances of securing a higher settlement increase. Gathering substantial evidence to prove liability is necessary to strengthen the case. This involves collecting witness statements, medical records, accident reports, and other relevant documentation to build a compelling argument for maximum compensation.

The Extent of Damages the Surviving Family Members Suffered

Damages can encompass a wide range of financial and emotional losses. These include medical expenses incurred before death (more on this later), funeral and burial costs, loss of income and financial support, loss of companionship, and emotional suffering. The greater the damages, the higher the potential settlement. Your wrongful death attorney will meticulously calculate all damages to ensure fair compensation for your family’s loss.

The Case’s Jurisdiction

The jurisdiction where your wrongful death attorney files the case also plays a significant role in determining the settlement amount. Different jurisdictions have varying laws, regulations, and legal precedents that can impact the outcome of wrongful death cases. State laws may influence the types of damages family members can claim and the caps on settlement amounts. For example, many states don’t place a cap on non-economic damages such as pain and suffering. However, others do. A wrongful death lawyer who is worth your trust will know your state’s specific laws.

Other Influencing Factors

Apart from the primary factors mentioned above, several other elements can influence the settlement amount in a wrongful death case. These include the deceased’s age, earning capacity, and overall health before the incident. In addition, the relationship between the deceased and the surviving family members and their dependence on the deceased’s income and support can also affect the settlement. The court, for instance, may consider the emotional impact on the family, particularly on young children or elderly parents who were reliant on the deceased.

Legal Strategy and Representation

The strategy and quality of legal representation can significantly impact the settlement outcome. A well-prepared and thorough presentation of the case, backed by solid evidence and compelling arguments, can persuade the opposing party or the court to award a higher settlement. Hiring a wrongful death attorney with a track record of handling wrongful death cases can make a considerable difference in achieving a favorable settlement.

The Impact of Medical Costs on Wrongful Death Settlements

A hospital staff member writes a note and uses a calculator to calculate expenses and income.Pre-death medical expenses and ongoing medical care costs for injuries sustained before death can also significantly influence the average wrongful death settlement. These costs are a crucial component of the damages calculated in such settlements.

When a person suffers injuries that eventually lead to their death, they often incur substantial medical expenses for treatments, surgeries, hospital stays, medications, and other healthcare services. These pre-death medical bills can accumulate quickly, especially in cases involving prolonged medical care or complex treatments. The responsible party’s insurance company is typically liable for these expenses, which can dramatically increase the settlement amount.

In addition to pre-death expenses, the cost of ongoing medical care before the individual’s death also plays a role. For example, if the deceased needed long-term care or specialized medical attention over an extended period, these costs are factored into the settlement.

The higher the medical expenses, the greater the financial burden on the surviving family members, which directly impacts the compensation sought in the wrongful death claim. Your wrongful death lawyer will analyze all medical costs to ensure your settlement adequately covers these substantial financial losses.

Insurance Companies and Their Influence on Settlements

In wrongful death cases, insurance companies are pivotal in determining settlement amounts. Their involvement, policies, negotiation strategies, and financial stability can significantly influence the outcome. Your wrongful death lawyer will understand the mechanics behind these factors, which is essential for increasing your chances of obtaining fair compensation.

The Insurance Company’s Role

Insurance companies often provide coverage for entities or individuals responsible for wrongful deaths, such as drivers in car accidents, employers in workplace incidents, or healthcare providers in medical malpractice cases. When a family files a wrongful death claim, the insurance company representing the liable party usually steps in to handle the financial aspects of that claim. Their primary objective is to settle the claim for the lowest possible amount while still fulfilling their contractual obligations.

Policies and Coverage Limits

One of the primary ways insurance companies impact settlements is through their policies and coverage limits. Each insurance policy has specific coverage limits that define the maximum amount the insurer will pay for a claim. These limits can vary widely depending on the type of policy and the premiums paid.

The average wrongful death settlement can be substantial in cases where the policy limit is high. However, if the policy limit is low, the deceased’s family may receive less compensation, regardless of their damages. Your wrongful death attorney will understand the coverage limits specific to your case and set realistic expectations for settlement negotiations.

Negotiation Strategies

Insurance companies employ various negotiation strategies to minimize their payout. One common tactic is to quickly offer a settlement that may seem substantial but is lower than the claim’s value. They aim to capitalize on the claimant’s emotional distress and financial desperation following a sudden loss.

Another strategy involves disputing the extent of damages claimed, particularly non-economic damages like pain and suffering or loss of companionship. Insurance adjusters might argue that these damages are exaggerated or unsupported by evidence.

Insurance companies also often engage in prolonged negotiations to wear down claimants, hoping they’ll accept a lower settlement out of frustration or financial necessity. To delay the process, they may request extensive documentation and repeatedly question the validity of the claim. A skilled wrongful death attorney who can counter these tactics and advocate effectively is critical for claimants to secure a fair settlement.

Why You Need a Wrongful Death Loved One

The pain and grief of losing a loved one because of someone else’s negligence can be unbearable, and the idea of navigating the legal process during such a difficult time may seem overwhelming. This is where a wrongful death attorney can step in to provide the support and guidance you need. These are just a few of the many reasons why you need legal representation as soon as possible.

Experience

One of the key reasons you need a wrongful death lawyer is their experience handling these types of cases. They deeply understand the legal system and can easily navigate it, taking every step to protect your rights and seek the justice you deserve. With their knowledge, they can guide you through all the complexities, explaining each step and providing peace of mind. They’ll handle all the paperwork, meet all court deadlines (such as pursuing your claim within your state’s statute of limitations), and take care of all other legal matters.

Collecting Evidence

Another essential reason to hire a wrongful death attorney is their ability to gather evidence and build a strong case on your behalf. They’ll thoroughly investigate the circumstances surrounding your loved one’s death, gathering all necessary evidence to establish negligence or intentional actions. By doing so, they strengthen your chances of obtaining a fair and just wrongful death settlement.

Relieving Stress

Having a wrongful death lawyer by your side levels the playing field. They have the skills to effectively negotiate with insurance companies fighting to ensure you get what you deserve. An attorney can alleviate the stress and burden of dealing with insurance companies during this difficult time, allowing you to focus on healing and grieving.

The chances are excellent that the at-fault party’s insurance company will eventually offer a fair settlement. However, if they don’t, your wrongful death lawyer will be ready to take them to trial. They’ll have the evidence to prove your loved one wasn’t to blame for the tragedy and the skill to make a convincing case in front of the court.

Beware of Attorneys Who Make Promises Without Knowing All of the Facts

Young attorney lawyer at desk businessman negotiationsWhen searching for an attorney to represent you in a wrongful death case, it’s essential to be cautious of those who make promises without truly understanding the unique circumstances of your case. Beware of lawyers who guarantee a specific settlement amount or claim they can deliver results without first gathering all the facts.

Every wrongful death case is different, with its own set of challenges and variables. Again, many factors can significantly impact the outcome and average wrongful death settlement. A reputable attorney understands this and will take the time to thoroughly investigate and analyze all aspects of the case before giving you an idea of the amount of money they’ll demand.

An attorney who rushes to make bold promises before thoroughly reviewing the evidence and fully understanding your situation may not have your best interests at heart. They may be more interested in securing your business than ensuring you get the justice you seek by holding those responsible for your suffering accountable. You want an attorney who values honesty, transparency, and integrity and is committed to fighting for your rights.

How to Find the Right Wrongful Death Lawyer for You

Finding the right attorney to handle your wrongful death case is important for achieving a favorable outcome. Look for an attorney who understands the pain and grief you’re experiencing and who is willing to listen to your story with empathy and compassion. A trustworthy attorney will guide you through the legal process, keeping you informed at every step and answering any questions or concerns you may have along the way.

Contact an Attorney Near You

There might not be an easy answer to determining the average wrongful death settlement. But one thing is for sure. Hiring a wrongful death attorney is crucial in pursuing justice and obtaining the compensation you deserve. They’ll provide the support, guidance, and advocacy needed during this challenging time, allowing you to focus on healing and grieving.

Your personal injury attorney in Phoenix will collect evidence, negotiate with insurers, and make a compelling argument in court if the case goes to trial. They’ll also be your trusted ally in the pursuit of justice and healing.

Contact an attorney near you to discuss your case and seek the compensation you deserve. While the average wrongful death settlement amount may vary, a dedicated attorney will handle your case with care, empathy, and experience. Take the first step toward justice by reaching out to a wrongful death attorney as soon as you can.