2.27.2022

How Do Large Personal Injury Settlements Happen?

Written by: Virginia Beach Injury Law

It is commonly thought that when a personal injury claim is filed against a negligent party and a large settlement results the victim has hit the lottery. However, when you pull the curtain back you have to look at the aftermath of an incident and the impact that it had on the victim that lead to such substantial compensation. Huge settlement amounts do not come to those that have minimal damages, in fact, quite the opposite is true. When significant damages happen from an injury incident, large settlements typically reflect them.

If you live in or near Virginia Beach and you have been harmed in an injury accident that was not your fault, the Virginia Beach personal injury attorney at Virginia Beach Injury Law can review your case with you and provide you with honest, and seasoned legal guidance to help you understand your options for securing a settlement.

The True Meaning of High-Dollar Personal Injury Settlements 

There are many ways that a person can be harmed by another person’s carelessness and reckless actions. When this happens, the victim who sustained the harm may be able to file a Virginia personal injury claim for compensation for their damages. Damages can include:

  • Medical expenses
  • Property damages
  • Lost wages
  • Pain and suffering

This is just a basic sampling of what a victim can claim in damages. However, depending on the details of the accident, a victim may include more in their claim. The difference between getting a fair settlement for the most compensation that covers all of a victim’s damages and accepting a settlement that is less than optimal is often times the quality of legal counsel a victim uses.

The Hampton Roads car accident attorney at Virginia Beach Injury Law has a proven history of success in handling the most catastrophic claims for the most compensation possible. If you have suffered devastating trauma and losses after your accident, Ron Kramer at Virginia Beach Injury Law can increase the chances that you can achieve optimal results from your claim.

Even though a large multi-million dollar settlement sounds enticing, it is important to understand how these settlements come about. Often, a person who was once vibrant, healthy, and active, has been so irreparably harmed, that their quality of life has been greatly diminished. The large settlement accounts for this and is set up to help them have any capability at all, to be able to live their lives in some capacity. Many times, victims that win large settlements get them because of severe debilitation and suffering. So while they received a robust check, their lives are changed forever and their losses are notable.

Speak with a Virginia Beach Catastrophic Injury Attorney Today

When you take the time to consider the extraordinary amount of loss that many victims of large settlements have to endure, it can put the money that they received in their settlement into perspective. It is critical that when you or a loved one suffered catastrophic harm from an accident you secure maximum recovery. The Virginia Beach catastrophic injury attorney at Virginia Beach Injury Law can help. Call today to schedule a free consultation at (757) 802-4662.

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