Losing a loved one in a preventable accident leaves family members and loved ones grieving, angry, confused, and searching for answers.
As survivors move through the stages of grief, however, they often get to a place in which they are searching for justice and closure and start to recognize the financial stresses that are often associated with the loss of a family member.
When this occurs, they may wonder how much compensation they will be able to receive as a result of their loss and how much an “average” wrongful death settlement may be.
Click here to view sample wrongful death settlements that we have achieved on behalf of our clients.
There is No Such thing as an “Average” Wrongful Death Case
According to the Centers for Disease Control and Prevention, there were 130,557 unintentional injury deaths during 2013. While each one of these cases is a tragedy, deaths resulting from unintentional injuries are a relatively rare occurrence, and each case is carefully evaluated by insurance companies, lawyers, and the courts.
As a result, each wrongful death lawsuit is different and the amount of compensation that surviving family members can recover in a settlement or jury verdict is based on a number of factors, including the following:
- The age of the victim
- The earning potential of the victim
- The type of accident in which the victim was involved
- Whether or not the victim surviving for a significant period of time after the ultimately fatal accident occurred
- The insurance policy limits of the at-fault party
Wrongful death settlements can range from several hundred thousand dollars to tens of millions of dollars, depending on the circumstances. Surviving family members can ensure that they receive the full value of their claim by retaining an attorney familiar with Texas wrongful death law and negotiating with insurance companies.
Why is it Important to Retain an Attorney?
Many family members who have lost loved ones are contacted by insurance companies shortly after an accident and offered settlement offers that may seem substantial and wonder whether they need to retain an attorney at all. Individuals who believe that they may have a wrongful death claim should always talk to an attorney before accepting any settlement offers made by any party.
Accurately assessing the value of a wrongful death case is extremely difficult and it is often necessary to consult with experts in order to determine how much a person would have earned over the course of his or her lifetime had it not been for the accident. Survivors who accept settlement offers prior to retaining a lawyer risk losing out on a significant amount of compensation without an ability to pursue it in the future.
Contact a Wrongful Death Lawyer Today for More Information about the Value of Your Claim
It is natural for the surviving family members to want to seek justice after an accident takes their loved one from them and, in our legal system, justice often means recovering money for the losses that victims have sustained.
The skilled Texas wrongful death attorneys of Sutliff & Stout will meet with you at no cost to discuss your case and give you an idea of what it may be worth. To schedule a free consultation with one of our lawyers, call our office today at 713-987-7111.