Losing a loved one is a painful and frustrating experience.
This is especially true when your loved one’s death was caused due to the wrongful act or negligence of another party.
If someone dies because of someone else’s negligence or wrongful act, certain surviving family members may qualify to bring a wrongful death lawsuit on behalf of the deceased.
While a wrongful death settlement cannot bring your loved one back, it can help support you and your family in the aftermath of the accident and compensate you for your losses.
Wrongful death lawsuit settlement amounts can range widely depending on several factors.
What Kind of Damages Factor into Wrongful Death Settlement Amounts?
Obviously, no amount of money can truly compensate for the loss of a family member.
The loss of a loved one can cause unimaginable grief along with unexpected financial consequences.
If your loved one died in an accident, they might receive medical treatment prior to their death. Even a minor emergency room visit can result in costly medical bills.
According to a report by CBS News, hospitals in Virginia charge emergency room patients an average of $1,941 for moderate severity cases.
However, when a serious injury leads to death, medical bills can easily add up to millions of dollars, which a qualified wrongful death attorney at River Run Law can help you be compensated for.
This is only one thing that you can pursue in a wrongful death lawsuit.
Other damages that you can recover in a wrongful death lawsuit include compensation for:
- Loss of income of the decedent;
- Loss of services, protection, care, and assistance provided by the decedent;
- Reasonable funeral expenses;
- Loss of income of the decedent; and
- Sorrow, mental anguish, and solace.
Many plaintiffs experience issues calculating the amount of damages they are owed.
Unfortunately, wrongful death lawsuit settlement amounts vary on a case-by-case basis, so average wrongful death settlement amounts are not reliable.
If you need assistance calculating the damages you are entitled to, River Run Law is here to help. Contact us today to discuss your case.
What Actions Can I Take to Maximize My Wrongful Death Settlement Amounts?
You should consider the amount of damages you incurred due to the accident prior to accepting any settlement offer.
You want to ensure that the settlement offer you accept fully compensates you for your losses.
While your losses are the primary factor in determining your settlement value, there are a few ways you can ensure you recover the maximum amount possible.
Do Not Accept Your First Settlement Offer
Following the death of a loved one, many people fall into a sensitive financial situation, especially when the decedent was a primary earner in the family.
Unfortunately, insurance companies know this and can take advantage of it. An insurance company will often offer wrongful death settlement amounts far below what you are entitled to.
You might feel tempted to accept the offer just to get some money in your pocket. However, if you do not accept, you could recover a much larger settlement later down the road.
Contact River Run Law today, so we can handle the wrongful death process for you.
We will ensure that an insurance company does not try to undervalue your wrongful death claim with low-ball settlement offers.
We will handle the communication with the insurance company and negotiate on your behalf for the settlement you deserve.
Keep Documentation of All Expenses
As stated above, there is no average settlement amount for wrongful death cases.
To calculate the value of a wrongful death claim, we can help you identify the damages you incurred and provide the court with proof of those damages.
Proof can exist in the form of medical bills, income tax records, and rehabilitation costs, just to name a few.
We can also establish methods to help calculate future income values. Our team will fight tirelessly to ensure you receive the compensation you are owed.
Contact a Wrongful Death Lawyer at River Run Law
We understand the pain and confusion of losing a loved one as a result of another person’s mistake.
The last thing you want to worry about is the bills incurred due to your loved one’s death.
A wrongful death settlement can allow you to grieve the loss of your family member without worrying about falling into financial turmoil.
A Richmond wrongful death attorney at River Run Law can help you secure a settlement that compensates you for your financial losses and your emotional trauma.
We will fight tirelessly to get justice for your loved one and hold the responsible party accountable for their actions.
We offer a free consultation and case evaluation to answer your questions and explain how to get started with the legal process.