Texas Car Accident Settlement Amounts

October 5, 2024 | By Francis Injury: Car & Truck Accident Lawyers
Texas Car Accident Settlement Amounts
Texas Car Accident Settlement

Did you or a loved one get into a car accident in Texas? Did you or someone you love suffer injuries as a result?

If so, click here or call (817) 329-9001 to contact The Francis Injury Firm immediately to discuss your case. Our firm can help review your situation and fight to recover the maximum compensation for your accident.

When you experience a personal injury or wrongful death due to a car accident, you may be eligible to file a lawsuit for damages. While no amount of money can take away the trauma or a loss you’ve experienced, financial compensation can help cover medical bills and support you during recovery.

To find out more about Texas car accident settlement amounts, call (817) 329-9001 to reach the Board-Certified personal injury attorneys at The Francis Injury Firm, or submit the short form below. We’ve helped clients recover millions in personal injury claims, and we can help you too.

Keep reading to learn more about how we help clients recover significant car accident settlements in Texas.

How Are Texas Car Accident Settlement Amounts Calculated?

Car accident settlement amounts in Texas can range from thousands to millions of dollars, depending on the severity of the accident and the extent of the injuries.

The harm caused by an auto accident is known as “damages.” In Texas, victims can sue for three types of damageswhen the accident was caused by negligence.

Economic Damages

Economic damages cover financial losses caused by the accident. These include medical bills, lost wages, and diminished earning capacity. To calculate economic damages, keep all receipts, bills, and documentation of the time missed from work. A skilled Dallas car accident attorney from The Francis Injury Firm can help you assess and calculate your total economic damages.

Non-Economic Damages

Non-economic damages include the more intangible consequences of an accident. These damages cover pain and suffering, emotional distress, and loss of companionship. You may suffer from anxiety, insomnia, depression, or other emotional impacts related to the accident. These are valid claims under non-economic damages.

Our experienced personal injury attorneys at The Francis Injury Firm are skilled at calculating these damages and will work to ensure you receive fair compensation for your pain and suffering.

Punitive Damages

In certain cases, you may also be eligible for punitive damages. These damages are meant to punish especially reckless behavior, such as driving under the influence or texting while driving. They also serve as a deterrent to prevent others from engaging in similarly dangerous behavior.

Examples include accidents involving drunk driving, texting while driving, or gross negligence. An experienced Fort Worth car accident lawyer can help assess whether your case qualifies for punitive damages.

Why Should I Hire a Car Accident Lawyer?

You might consider handling your claim on your own, but taking on an insurance company without legal help can be a mistake, especially in cases with serious injuries.

Here are three ways a Texas car accident lawyer can help increase your chances of obtaining a maximum settlement.

Financial Resources

Filing a personal injury lawsuit can be expensive, with costs such as hiring expert witnesses, investigators, and legal fees. At The Francis Injury Firm, we work on a contingency fee basis, meaning you pay nothing unless we secure a settlement for you. We cover all the upfront costs so that you can focus on recovery, not legal expenses.

Our team has more than **25 years** of experience handling personal injury claims. Michael Francis, the lead attorney, is Board Certified in Personal Injury Trial Law by the Texas Board of Legal Specialization—a distinction earned by only 2% of attorneys in Texas. This experience and expertise mean that we know how to build a strong case for maximum recovery.

Industry Connections

Insurance companies are not your allies. They evaluate claims based on risk, not the actual value of your case. Unrepresented individuals often receive low settlement offers, and claims adjusters are trained to use victims' inexperience against them. The Francis Injury Firm has the connections and reputation to negotiate effectively with insurance companies, ensuring that adjusters know we are prepared to go to trial if necessary.

Examples from Our Results

At The Francis Injury Firm, we have a strong track record of securing large settlements for our clients across Texas. Here are a few of the significant outcomes we've recently achieved:

  • $2.25 million wrongful death settlement for a tanker truck explosion;
  • $1.9 million for a drunk driving accident resulting in a brain injury;
  • $1.2 million settlement for a truck accident collision;
  • $1 million truck accident settlement obtained within 75 days of the crash.

Each case is unique, and the Texas car accident settlement amounts vary depending on the specific facts. To give an honest estimate of your potential recovery, we need to review the details of your case. Contact us today for a personalized consultation.

Texas Auto Accident Statistics

Texas drivers travel billions of miles each year, but unfortunately, all that time on the road leads to a high number of accidents. According to the Texas Department of Transportation, Texas drivers logged over 282 billion miles in 2018, and accidents occur frequently.

Here are some key statistics from 2018:

  • Over 12,000 serious injury crashes were reported;
  • 54% of all fatal accidents occurred in rural areas;
  • One crash occurred every 58 seconds;
  • A quarter of a million people were injured in car crashes;
  • 940 people were killed in drunk driving accidents; and
  • Distracted driving led to 398 fatalities.

Contact a Texas Car Accident Lawyer to Start on Your Settlement Today

If you need help pursuing Texas car accident settlement amounts, our experienced attorneys at The Francis Injury Firm are here to help. Contact us or call (817) 329-9001 today for a free consultation. Let us help you recover the compensation you deserve.