Rear-end collisions account for over a quarter of accidents in South Carolina. Some rear-end accidents involve two vehicles, but others entail a chain reaction with many vehicles. Regardless of the number of vehicles involved, our team of lawyers can help you establish who is at fault, and we may also be able to help get you the settlement you deserve.
How To Calculate Your Rear-End Collision’s Settlement Amount
The rear-end collision settlement takes the affected party as close to “whole” as possible. It involves three types of losses/damages: economic damages, punitive damages, and non-economic damages.
Economic damages
These losses are financial liabilities incurred because of the rear-end accident. It can include crash-related medical expenses, replacing or repairing your car and damaged property, and lost income due to the accident’s effects.
Non-economic damages
These losses aren’t financial. They can include grief, fear, pain, and other suffering caused by the rear-end collision.
Punitive damages
Juries can award punitive damages in cases with severe personal injury to punish wrongdoers for their actions.
The Average Settlement for a Rear-End Collision
Not all cases are the same, so there is no specific data or number that you can cite in totality. It is important to always be aware that each case is different. The settlement for your case depends on various factors of the accident itself. These include:
- Severity of injury
- Amount of medical bills
- Punitive damages
- Lost wages
- Vehicle repair or replacement costs
A lawyer at Elrod Pope Law Firm representing rear-end collision parties can better advocate for your interests and get you a more favorable settlement. Contact us today!
Rear-End Accident Settlement FAQ’s
How Long Does a Rear-End Accident Settlement Take?
The settlement can take a few days or months, depending on the extent of your injuries and the insurance policy limits.
Can You Get Over $200K in a Rear-End Accident Settlement?
Yes, but it is unlikely. Most rear-end collisions settle for below $200,000.
Who Is Responsible for Your Rear-End Collision?
In most cases, the rear vehicle is at fault. However, the vehicle ahead can be at fault in some cases.
