Average Farmers Insurance Settlement Amount in Florida

If you have a car insurance claim involving Farmers Insurance, you are naturally curious about how their process works and how they are to deal with. You might also be curious about the average Farmers Insurance payouts for a car accident or another type of personal injury claim.

Whether you or the other driver had Farmers Insurance coverage, the claims process is essentially the same. The value of your claim will depend on the specific economic and non-economic damages you suffered. However, you could be entitled to pursue compensation for your medical treatment, lost income, personal property damage, and some types of pain and suffering.

In Florida, the car accident attorneys of Abrahamson & Uiterwyk provide compassionate and aggressive legal representation to injury accident victims. We have a long history of negotiating settlements with Farmers, and we understand how to get the maximum compensation for your damages.

What Is the Average Farmers Insurance Claim Settlement Amount?

Every injury accident victim’s experience is unique, as are the damages they suffer. This makes it virtually impossible to estimate any type of average Farmers Insurance settlement amount in Florida. Your claim’s value will be based on your actual damages. This could include your medical care and treatment, lost income, car repair or replacement cost, etc.

How much compensation you get for a Farmers Insurance claim settlement in Florida varies based on the unique circumstances of each situation and the severity of your injuries. Based on our own settlement data, the average Farmers Insurance settlement is between $100,000 to $200,000.

In Florida, you might not be able to recover compensation for some types of emotional distress. Florida law limits mental suffering and emotional trauma damages to only those that cause the victim to have some kind of resulting physical manifestation.

To determine what the potential value of your claim might be, schedule a consultation with a knowledgeable Florida injury accident attorney. After reviewing the details of your case, an attorney can provide you with an estimate of your claim’s value and how long it might take to negotiate a settlement with Farmers.

Examples of Farmers Insurance Lawsuits Settlements

Auto Accident – $100,000 Recovered

Our client was stopped at a red light in Pasco County, when a full size pickup truck rear ended her. Shortly after the impact, she began to experience intense neck and upper shoulder pain. She called Abrahamson and Uiterwyk to represent her in her claim against the defendant and his insurance company, Farmers Insurance, and we quickly referred her to an orthopedic doctor.

While under the care of the orthopedic doctor, our client was diagnosed with a large herniated disc in her cervical spine. Our client received several surgical injections in her neck and upper shoulders to alleviate her pain. Unfortunately, the damage to her neck was so severe, that the shots were not effective. The client was re-evaluated by the orthopedic doctor and ultimately underwent a total disc replacement in her cervical spine.

Following the surgery, the defendant’s insurance company, Farmers Insurance, was presented with the client’s medical records along with a time limit demand that they tender their policy limits of $100,000. Within that short time limit, we convinced Farmers Insurance that it was in their insured’s best interest to settle the case now, before costly litigation and Farmers Insurance agreed to pay the $100,000 policy limits. The client was happy that the case resolved quickly and efficiently, and for the maximum recovery we were able to obtain.

Rear-Ended Car Accident – $100,000 Recovered

Our client works as a veterinary technician in Pinellas County, FL. On the evening of March 25, 2022, she was stopped in traffic on Park Blvd, near the intersection of 40th Street, in Pinellas Park, FL. The defendant, who was also approaching the intersection, failed to stop in time and violently struck the rear of our client’s car. As a result of the impact, our client’s car was shoved forward and collided with the vehicle in front of her.

Our client suffered a brief loss of consciousness in the accident and was taken to the emergency room where she was treated for injuries to her head, neck, and lower back. She followed up with a local clinic where she underwent conservative care. MRI scans of the cervical and lumbar spines revealed herniated discs in both regions. She later saw a pain management specialist who performed spinal injections to treat the pain. She also had an MRI of the brain performed which was suspicious for a traumatic brain injury. She ultimately incurred nearly $40,000.00 in medical expenses because of the accident.

Unfortunately, with only $100,000.00 in bodily injury coverage, the defendant was underinsured for the accident he caused. Furthermore, our client did not have any uninsured motorist insurance to pay for her damages. After we provided the defendant’s insurer, Farmers, with a settlement demand package, Farmers agreed to pay our client the policy limit of $100,000.00. We then aggressively negotiated with our client’s doctors and other health care providers in an effort to reduce her expenses. In the end, we were able to obtain a 50% discount on the bills which resulted in a more significant net recovery for our client. She was very happy with the result we were able to achieve for her.

Auto Accident – $200,000 Recovered

Our client worked as an advanced registered nurse practitioner at the time of the motor vehicle collision that brought her to our firm. On the day of the accident, she was heading north on Florida Ave. in Tampa, FL in the left lane approaching the intersection of Whiting Street. The defendant driver was traveling in the center lane of Florida Ave. just ahead of our client when the defendant inexplicably attempted to turn left onto Whiting Street directly in front of our client. This resulted in our client colliding with the rear driver’s side of the defendant’s car. The defendant was given a citation for making an improper left turn.

Our client began experiencing pain in her left shoulder following the accident. She also suffered injuries to her neck and lower back. She sought treatment with several doctors in the medical group for whom she worked as a nurse practitioner. It was determined that she had sustained a fracture to the acromion which, after several months of conservative care, was not healing properly. A decision was made that our client should undergo a surgical procedure known as an open reduction and internal fixation, which was performed about five months after the accident. Due to complications and continuing pain, our client required a second surgery to revise the first procedure and remove the hardware that had been placed in her shoulder.

After we submitted a comprehensive demand package to the defendant’s insurance company, Allstate, they agreed to pay their limits of coverage of $50,000. Our client also had uninsured motorist coverage with Farmers Insurance in the amount of $200,000.00. Farmers initially responded to our demand with an inadequate offer of $55,000.00. We filed a lawsuit against them and continued to press them to pay the full policy amount to our client. After another low-ball offer, we filed a document known as a civil remedy notice against Farmers which accused them of acting in bad faith in the handling of the claim. This notice gave them 60 days to cure the violation by agreeing to pay the limits. Just before the expiration, Farmers paid the full $200,000.00 to our client.

Farmers Insurance Company Information

Farmers was founded in 1928 for the purpose of providing coverage for the vehicles of rural American farmers. Today, the company offers a wide range of products, including property and casualty insurance, life insurance, and business insurance.

The company also owns several smaller insurance companies, including Foremost Insurance, Bristol West Insurance, and The 21st Century Insurance Group. The company is currently in the process of acquiring other entities, including MetLife.

Over the years, Farmers has had its share of consumer complaints and legal problems. In fact, the company was previously named as one of the poorest performers for paying auto accident claims.

How Long Will My Farmers Insurance Claim Settlement Take?

If you read through some of the Better Business Bureau consumer complaints against the company, it seems as though Farmers Insurance settlement checks don’t always show up when claimants believe they should. Although it’s difficult to determine what the real story is behind any online consumer complaint, this could indicate a pattern.

Because so many factors are involved in the personal injury claims and settlement process, it isn’t possible to determine any average time necessary to settle a car accident claim with Farmers. In some cases, if the claim is fairly simple and straightforward, you could get a settlement within a few weeks. However, for any case that involves serious injuries and extensive damages, you can safely assume that the process could take months.

If the company will not negotiate a settlement in good faith—or if Farmers won’t offer a reasonable settlement value—you may need to file a lawsuit. However, in most cases, lawyers can successfully negotiate car accident claims with Farmers. This gets a check into your hand as soon as possible and saves you the time and cost of going to court.

How to Contact Farmers Insurance in Florida

To file a car accident claim with Farmers, you can call the company’s toll free number, 800-435-7764. You can also file a Farmers Insurance claim online or using the Farmers mobile app. You can use the online interface to file a claim whether you are the insured party or the other driver has Farmers.

Once your claim has been set up, you will be able to login to check the status of your claim any time. The site also has additional informational resources, including a helpful car accident checklist.

The other option for reporting a claim with Farmers Insurance is to let an experienced personal injury lawyer handle it on your behalf. Your attorney will handle everything, including communicating and negotiating with Farmers. This leaves you free to focus on recovering from your injuries and getting back on your feet.

Tips For Dealing with Farmers Insurance Claims

Getting a Farmers Insurance settlement shouldn’t be overly difficult or time-consuming. Unfortunately, the process often gets delayed through no fault of the claimant. Like any insurer, you can expect Farmers to at least try to deny your claim or to reduce its value as much as possible.

Understanding what does comprehensive insurance cover can be crucial in ensuring you receive the settlement you deserve. Getting the settlement you deserve requires negotiation. Unfortunately, you might not have the industry-specific knowledge or experience to get the compensation you deserve. Consider having an attorney handle Farmers on your behalf.

Experienced personal injury attorneys know exactly how Farmers and other insurance companies work. Your lawyer can document your claim and build the most persuasive case possible. They can also press Farmers to engage in the negotiations process to expedite the resolution of your claim.

Should I Get a Lawyer to Handle My Farmers Claim?

Nothing in Florida’s laws requires that you hire an attorney to handle a personal injury claim. If your case is simple and straightforward, and if the insurance company is responsive to your claim, you should be able to get the settlement you need.

However, if your claim is more complex, or if it involves a significant injury, having a lawyer can make a big difference in the outcome of your case. Your lawyer can also help ensure that you comply with all the applicable laws and ensure you don’t miss any time limits.

Before you provide a recorded statement or discuss any potential settlement offers with Farmers, talk to a lawyer for car insurance claims. Most personal injury lawyers offer a free consultation and case review. This gives you a chance to ask questions and get the information you need to make the best choices for your future.

Farmers Insurance Lawsuits

A common question we get asked is “Do I Need to File a Lawsuit Against Farmers Insurance?” If your attorney cannot negotiate a settlement, they may recommend filing a Farmers Insurance lawsuit. Learn more about insurance disputes.

Fortunately, in most cases, attorneys can negotiate a fair settlement for their accident injury clients. This gets you the financial resources you need to get through this difficult time. Avoiding a lawsuit is also preferable in most cases, due to the time and cost involved in going to trial.

Contact a Florida Car Accident Lawyer Now

To discuss your Farmers Insurance lawsuit settlement, contact a Florida personal injury lawyer from Abrahamson & Uiterwyk today. We have more than three decades of experience fighting for our clients. We level the playing field between you, the victim, and large, national insurance companies like Farmers. We handle everything on your behalf. All you have to worry about is your health and well-being. We also handle your case on a contingency fee basis, so you don’t owe any legal fees unless we recover compensation for you.

We offer a free consultation and case analysis for Florida personal injury victims. Contact us now to learn more about how we can help you with your Farmers injury accident settlement. 

Read this comprehensive guide if you’re wondering about insurance policy limit demands in personal injury cases in Florida and how they affect your potential compensation after an accident.