If your traumatic brain injury was caused by another person’s negligence, then you may be entitled to a TBI settlement. Since brain injuries can ruin your life due to expensive medical bills, inability to work, as well as pain and suffering, a settlement could help you overcome these challenges.
But, how much should your compensation be? In this article, we will discuss the average TBI settlements, how a brain injury settlement is determined, and how to secure a head trauma settlement from those responsible for your suffering.
While you’re seeking TBI compensation from a lawyer, you can contact Neuro Trauma Centers to handle your care and recovery. Our mission is to help you rebuild your lives after traumatic brain injuries.
What’s the Average Settlement for Brain Injury?
Knowing the average settlement for brain injury can help you seek the TBI lawsuit payout you deserve. Here’s how much your brain injury payout could be if you win your brain injury lawsuit.
- The injury settlement for Mild TBIs usually ranges from $100,000 to $150,000.
- For moderate TBIs, the average settlement falls between $150,000 to $500,000.
- Severe TBIs have higher injury settlements, ranging between $1 million to $5 million or more.
Remember, you can only receive a brain injury payout if the other party is proven negligent in the lawsuit.
How TBI Settlement is Determined
There are numerous factors used to determine traumatic brain injury settlements. Understanding these factors can help you make the right decisions to increase your chances of winning your head injury lawsuit.
TBI Severity
Traumatic brain injury severity—mild, moderate, and severe—is one of the main factors used in determining the TBI claim value. If you look at the average legal compensation for a brain injury, you’ll see that the brain injury compensation gets higher if the head injury is more serious.
Medical Costs and Future Treatments
Another factor in determining the brain injury claim is the medical costs and any future treatments (if needed). Severe brain injuries can lead to very expensive medical bills because of hospital stays, surgeries, medication, and rehabilitation. You’ll suffer from further financial burdens if you’ll need continuous treatments in the future.
Loss of Income and Earning Capacity
A traumatic brain injury lawsuit will also take a look at your lost income and earning capacity. Brain injuries can affect your ability to work because of long-term consequences, such as cognitive issues, anxiety, depression, etc. If you or your family member can no longer work because of brain damage, the personal injury claim will be higher.
Pain, Suffering, and Emotional Impact
Brain injuries can cause serious pain, suffering, and emotional impact not only for you but also for your loved ones. If the court finds that the emotional distress caused by the TBIs affected you or your loved ones’ quality of life, then the TBI legal compensation could be raised.
TBI Settlement’s Importance
There’s no question about it. TBI settlement is important. It can cover your medical expenses and hold negligent parties accountable for their actions. Let’s further discuss the importance of TBI settlements.
Covers Medical Expenses
TBI settlements can cover hospital stays, therapies, surgeries, medications, and other medical expenses. Receiving compensation can help you get proper medical care for your head injuries or pay off medical bills associated with your injury.
Replaces Lost Income
Some patients need to switch careers after suffering from TBIs. Those who suffer severe TBIs may not even be able to work at all. A settlement can replace your lost wages and future earning potential.
Funds Long-Term Care
Severe TBIs need long-term care. This means that you’ll need to buy medical devices, pay for specialized therapies, and get in-home care. These are all pretty expensive. With TBI settlement, you can fund these long-term care needs.
Holds Negligent People Accountable
Aside from providing funds and covering medical expenses, TBI settlements also mean that negligent parties are held accountable for their wrongdoings. The court could also give punishments, such as prison time and other consequences.
Supports Your Family
Family members are usually the ones taking care of TBI victims. Securing a traumatic brain injury compensation can help them ease financial strain and ensure stability for the entire family.
Tips to Secure TBI Settlement
Unfortunately, TBI victims don’t always secure TBI settlements. If you’re filing a traumatic brain injury lawsuit for yourself or for your loved ones, follow these tips to increase the chance of getting TBI compensation.
- Hire a skilled attorney who specializes in personal injury cases.
- Gather enough evidence: medical records, CT scans, MRI scans, and doctor reports.
- Track your financial losses by keeping pay stubs, tax returns, and employment records to prove loss of income.
- Get expert testimonies from therapists, neurologists, and financial professionals to support your claim.
- File a brain injury lawsuit to maximize your TBI legal settlement.
It is important to contact a lawyer because they will seek compensation for all medical bills, lost wages, as well as pain and suffering. In some cases, the initial settlement may not be a large sum and your lawyer will help get you the compensation you deserve.
Seek Expert Neurotrauma Care First
Seeking expert neurotrauma care should always come first before legal action. At Neuro Trauma Centers, we understand the importance of getting proper medical treatments for brain injuries.
Our neurosurgeons, neurologists, physical therapists, and other medical experts all work as a team to provide diagnoses, treatments, and recovery plans all tailored to your specific needs.
Our team‘s mission is to ensure that you receive the care and support you and other patients deserve. Call us today to book your consultation.