What Determines Settlement Value?
Settlement amounts depend on several factors:
- Severity of Injuries: More severe harm brings higher costs.
- Liability: Clear responsibility speeds settlements.
- Insurance Limits:
Utah's minimum coverage caps recovery in many cases.
- Lost Wages & Life Impact: The greater the disruption, the greater the value.
Typical Settlement Ranges in Utah
Minor injuries may settle for a few thousand dollars, while severe cases with surgeries or permanent damage may reach six figures.
Economic vs. Non-Economic Damages
Economic Damages: medical bills, therapy, lost income, property damage.
Non-Economic Damages: pain, suffering, loss of enjoyment of life.
Policy Limits & Underinsured Coverage
If the at-fault driver carries minimum coverage, recovery may be capped. Victims may rely on their own underinsured motorist coverage.
Settlement vs. Trial Verdict
Settlements provide faster payouts, while trials can lead to larger awards but carry more risk and time.
Winter Weather and Poor Visibility
How Top Law Utah Maximizes Settlements
Our firm calculates full damages, uses expert testimony, and doesn't accept low offers. Insurers know we're prepared to go to trial if needed.
FAQs About Settlements
Will my settlement be taxed?
Generally, personal injury settlements are not taxable.
How long until I get paid?
Usually within 30-60 days after settlement paperwork is signed.
Should I accept the first offer?
Usually not-insurers often start low.
Legal Help for Crash Victims
Free Case Evaluation
Every case is unique. Contact Top Law Utah for a free consultation about your potential settlement.