Average Car Accident Settlement (2024)

Explore a decade of data on average car accident settlements in the U.S. from 2013-2023. This detailed analysis covers trends in bodily injury and property damage claims, claim frequencies, and settlement amounts, providing invaluable insights for personal injury claimants.

Research Team 's profile picture

Research Team


Read in 2 mins

Average Car Accident Settlement (2013-2023)

In the realm of personal injury law, understanding the financial implications of car accidents is crucial. One key aspect is the average car accident settlement, a topic that draws considerable interest from both claimants and insurers. This article delves into the data driven settlement amounts, focusing on typical car accident settlement amounts with injury cases and without injury, and is backed by a decade's worth of data.

Trends in Bodily Injury and Property Damage Claims

The data from 2013 to 2023 reveals significant insights into both bodily injury and property damage claims under liability insurance. Notably, there has been a gradual increase in the severity of claims over the years. For instance, the average claim severity for bodily injury rose from $15,441 in 2013 to $26,123 in 2023. Similarly, the typical car accident settlement amounts with no injury increased from $3,231 in 2013 to $5,520 in 2023. These figures underscore a rising trend in the financial impact of average car accident settlements.

Frequency of Claims: A Decade Overview

Do I Qualify for

Uber&Lyft Lawsuit Compensation?
Free Case Review

The frequency of claims also presents an interesting pattern. While the claim frequency for typical car accident settlements with injury peaked at 1.06% in 2017, it notably decreased to 0.74% in 2022. Conversely, property damage claims, after a slight dip, increased to 2.37% in 2022. These fluctuations reflect changes in driving behaviors, road safety measures predicted by the U.S. Department of Transportation (NHTSA), and the increasing cost of healthcare and vehicle repairs.

Average Car Accident Settlement: A Closer Look

The data shows a clear distinction between different types of car accident settlement examples. In 2022, the average settlement for non injury car accidents was $5,313, whereas for bodily injury, it was significantly higher at $24,211. Furthermore, the average collision claim stood at $5,992, surpassing the average comprehensive claim of $2,738. These figures highlight the financial burden associated with car accidents, particularly those involving bodily injuries.

Conclusion: A Data-Backed Understanding

This analysis, grounded in a decade of data, provides a comprehensive view of the average car accident settlement. It's evident that every personal injury settlement amount varies significantly based on the type and severity of the claim. As personal injury legal practitioners, such data is invaluable for informing clients and negotiating with insurance companies. Ultimately, this insight helps in achieving fair compensation for those impacted by car accidents.

Disclaimer: This article utilizes historical data from 2013 to 2022 and employs regression analysis to interpret trends for 2023.

Research Team 's profile picture

Research Team


At the intersection of public safety, and consumer rights. Consumer Shield Research Team is deeply focused in dissecting the U.S. market, focusing on how information dissemination influences consumer safety and decision-making.

Stay up to date

Get updates on all of our lawsuits, news, articles, research and lawsuit updates.