Examples of New York Car Accident Settlements

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If you’ve been hurt in a car accident someone else caused, you’re likely wondering about your options for securing compensation – and how much the settlement from the insurance company may be worth. Here are a few recent examples of what our firm has accomplished on behalf of New Yorkers like you to help you understand the value of your potential car accident settlement.

New York Car Accident Statistics

According to the NYPD, New York City had 7,438 motor vehicle collisions in one recent month, including 3,042 accidents that resulted in injuries or fatalities. Three driver fatalities and seven-passenger fatalities occurred that month, with 1,741 cases of driver injuries and 1,178 cases of passenger fatalities. According to the latest New York crash statistics, the top causes of motor vehicle accidents included:

In many cases, the drivers responsible for making these errors could be held financially accountable for the damage they caused by filing a car accident lawsuit.

What Factors Affect a Car Accident Settlement’s Value?

There isn’t anything like an “average” New York car accident settlement. The amount of compensation you might recover in a personal injury lawsuit will depend on various factors unique to your case, such as:

  • The nature and severity of your injuries
  • The duration of your medical care and the types of treatment and rehabilitation you undergo
  • How much time you miss at work
  • Whether you suffer a temporary reduction in your earnings while on part-time or modified duty
  • Whether you become permanently disabled from your job or participate in other activities you enjoy
  • The extent of insurance coverage
  • The number of at-fault/liable parties
  • The number of other people who also suffered injuries in the accident
  • Whether you share any responsibility for causing the crash

Examples of New York Car Accident Settlements Finz & Finz, P.C. Has Achieved

Here are some notable car accident settlements that our nationally recognized New York City car accident lawyers have obtained for our clients in successful car accident claims. Remember that every situation is unique and does not guarantee similar results:

  • $500,000 settlement for a client who suffered a spinal disc herniation from a rear-end collision. The defendant argued that the herniation arose from natural degenerative changes rather than the accident. We settled the case right before jury selection.
  • $500,000 settlement for a car accident victim who got rear-ended hard enough to collide with the vehicle in front of him and sustained serious injuries. A contusion on his left hand later developed complications from an MSSA infection, requiring multiple surgeries. We settled for the at-fault driver’s full policy limits.
  • $3.5 million settlement for a client struck by a speeding motorist. The at-fault driver and their insurance claimed that our client’s brain damage, which developed sometime after the accident, had another cause. We settled the case after completing jury selection.
  • $24.5 million for a mother and her two-year-old son who suffered spinal cord injuries and fractures after getting rear-ended by a tractor-trailer.

Contact our Experienced New York City Car Accident Lawyers

If you’ve suffered injuries in a car crash in New York City caused by another driver’s negligence or recklessness, you deserve fair compensation for what you’ve suffered. Contact Finz & Finz, P.C. today for a free legal consultation and find out how we can help you pursue a car accident claim in NY that pays for your car repairs, medical expenses, lost wages, and pain and suffering.