A knee injury can put you out of commission for quite some time. Such an injury can impact many facets of your life.
Even a seemingly minor injury can worsen, and the ripple effects can compound quickly.
One of the most common questions that people with knee injuries ask about is,
What is the knee injury settlement average?
If you are shopping for a lawsuit loan, this is an important question to ask.
After all, you want to know how much you should borrow to cover your finances until the final settlement comes down.
Every Settlement Is Different
The question of average knee injury settlement amounts is difficult to answer quickly.
Since every knee injury is different, and every accident that causes a knee injury is also different, every settlement is unique.
The final amount of each knee injury settlement depends on a number of different factors and circumstances.
However, with that said, a few things will help you estimate the potential size of your final knee injury settlement.
Severity of Injury
The first factor to consider in estimating the final settlement amount is the severity of the knee injury.
A more severe knee injury is going to require more medical care than a minor knee injury.
As such, the more severe injury will generally lead to a higher average settlement amount.
Serious knee injuries may require ongoing physical therapy to recover fully, which will undoubtedly increase the final settlement amount.
On the other hand, for a knee injury that heals without surgery and physical therapy, the final settlement amount will relatively speaking, be smaller.
Type and Extent of Damages
To further estimate your final settlement amount, you can take stock of what damages you suffered as a result of the injury and the accident.
Some of the types of damages that will push your final settlement up in value are:
- Property damage related to the accident;
- Emergency medical care at the time of the injury;
- Surgery to treat the injury;
- Physical therapy to recover from the injury;
- Other medical specialists to deal with the injury’s effects;
- In-home help while recovering from the injury; or
- Missing work as a result of the injury and its ensuing recovery.
This list is just an example to show what different types of damages can arise from a knee injury.
There are other types of damages that you may suffer from that will also increase your settlement’s final amount.
Use this list as a starting point for your calculations.
Generally, the more of these factors that are relevant to you, the higher your final settlement.
Speak With Your Lawyer
Perhaps the best way to get an idea as to what your final settlement will look like is to contact your attorney.
Your attorney should know all the facts and circumstances surrounding your case.
Your lawyer can then combine this information with their knowledge from prior experience in similar cases. Combining it all, your lawyer can help you calculate a rough estimate of what a fair settlement of your case will look like.
Contact Ally Lawsuit Loans Today
A lawsuit loan is always helpful to bridge the financial gap between filing a lawsuit and settling it. Whether you need financial help while waiting for a knee injury car accident settlement or a slip and fall knee injury settlement, Ally Lawsuit Loans is here to serve you.
Ally Lawsuit Loans financing is always risk-free; if your case doesn’t settle, you won’t owe us anything. Furthermore, we offer 24-hour application turnaround and a lowest-rate guarantee.
Life won’t wait for your settlement, so you deserve an ally. Apply with Ally Lawsuit Loans today!