On this page:
Call us 24/7 800-538-4878 to get your FREE case review.
Contact Our Team

Florida Personal Injury Settlement Amount Examples

Our clients deserve the best representation we can offer as we work to gain favorable personal injury settlements in each case we take on. Our track record can be seen in the settlements we obtain for each and every client and their family.

We are here to help. Our team of aggressive personal injury lawyers near you in Florida are here to fight for you. If you need assistance obtaining a settlement after an accident, please review our settlement examples below – all taken from our case files over the years.

As always – if you have questions and want to speak to a personal injury attorney – please don’t hesitate to reach out and contact us at (866) 496-1875 today.

Florida Injury Accident Settlement Information Personal Injury Settlement

Typical Car Accident Settlement Amount Examples in FL

Slip & Fall Case Settlement Amounts in Florida

average-slip-and-fall-settlement-florida

Other Accident Type Settlements in Florida

Common Bicycle Accident Injuries

Florida Insurance Company Settlement Case Amounts

personal injury settlement

Florida Personal Injury & Bodily Injury Settlement Examples

Other Florida Personal Injury Settlement Resources

Call us 24/7 (727)-725-9411 to get your FREE case review.

Contact Us

How Are Personal Injury Settlements Paid Out?

After reaching a settlement agreement in a personal injury case, the settlement amount may be received in two primary forms. Which way a victim chooses to receive their settlement is dependent upon their individual financial circumstances and personal preference. Once the agreement is signed, the defendant or their insurance company will initiate the settlement payment process. Personal injury settlement payouts in Florida typically come in two ways: lump-sum payments and structured settlements.

Lump Sum Personal Injury Settlement Payouts

A lump-sum personal injury settlement payout in Florida refers to receiving the entire agreed-upon settlement amount in one single payment. This type of payment provides the accident victim with immediate access to the full compensation amount. Individuals choose this payout options because it allows for quicker resolution of their financial matters related to the injury or accident. Lump-sum payments are advantageous for individuals who prefer to receive the entirety of their personal injury settlement upfront and have the flexibility to use the money immediately for:

  • Medical expenses
  • Living costs
  • Other financial needs arising from the injury

Structured Injury Settlement Payouts

A structured payout in a Florida personal injury settlement involves distributing the settlement amount over a predetermined period rather than receiving it all at once in a lump sum. This method of receiving a settlement payout divides the compensation into regular payments, which can be monthly, annually, or on another schedule that has been agreed-upon by both parties. Structured settlements are designed to provide long-term financial security to victims of accidents, especially for those who may require ongoing medical care or support.

How Long Until I Receive My Personal Injury Settlement?

Once a settlement agreement is finalized, state law in Florida mandates that the funds from a personal injury settlement be disbursed within a specific timeframe. This timeframe typically ranges from 20 to 30 days. However, the exact timing for a personal injury settlement payout can vary depending on the terms of the agreement and the administrative processes with the parties involved.

It’s important to know that once your settlement check arrives, your lawyer assumes critical responsibilities, including the disbursement of funds to all parties that are owed money in connection with your personal injury case. This process is known as disbursement, and must be meticulously completed before you can receive your settlement payout. The timeframe for this disbursement process can depend on:

  • The complexity of the personal injury case
  • Negotiations with involved parties
  • Any legal procedures that need to be finalized

Therefore, while some settlement payouts may be processed relatively quickly, others may take more time to ensure all financial obligations are properly met before the payout is issued to the victim.

Does Settlement Money Come In A Check?

A settlement payout is typically provided through a check, and it signifies that the agreed-upon compensation amount is disbursed in the form of a negotiable instrument. This check is issued by the defendant or their insurance company and represents the total settlement, regardless of if it’s a lump-sum payment or part of a structured settlement plan. In Florida, as in many other states, once a settlement agreement is reached and finalized, the disbursement of the settlement funds through a check must adhere to specific legal requirements. Providing a check as payment offers a straightforward means for the recipient to access their settlement funds as soon as possible and begin utilizing them according to their financial needs.

More FAQs About Settlement Agreements in Florida

While we’ve all seen and heard about dramatic trials and jury verdicts, the truth is that most personal injury cases end in a settlement agreement before trial. While the facts surrounding settlement agreements are case-specific, there are some questions our personal injury lawyers can help answer when it comes to settlements.

If you’re wondering how long it will take to receive your GEICO settlement check after an agreement is reached, how will a car accident settlement affect my SSDI benefits or about spinal fusion car accident settlements, read more in these articles.

A settlement agreement is a formal agreement between you and the other party that you will drop your lawsuit, or decline to pursue a lawsuit, in exchange for a certain amount of money. This typically happens after a lawsuit has been filed and each side has the opportunity to see the strengths and weaknesses of each other’s case.

Settlement agreements are based on the premise that both parties agree before it takes effect. While your attorney may recommend that you agree to a settlement, the decision is ultimately yours to make.

When presenting you with a settlement agreement, your attorney will discuss with you the specific reasons why it may be advantageous to settle your claim. No matter what the facts and legal issues are in a case, putting the decision in front of a jury can be a gamble. There are no guarantees, and sometimes it can make more sense to take the safe road instead of taking a risk and trusting a jury with your case.

Fear of uncertainty can also make an opposing party willing to settle a case. If it is financially better for them to settle rather than take their chances at trial, then they will do so. This is where having an attorney on your side can be very helpful. An experienced attorney can show an opposing party how strong your case is and why you may win at trial. This would encourage the opposing side to agree to sit down and negotiate a settlement.

The length of time it takes to settle a personal injury case is entirely dependent on the specific facts of a case. Factors like the extent of an accident and the types of injuries sustained all play a role in negotiating a settlement agreement.

Call Us to Discuss Your Florida Car Accident Injury

If you’ve been injured in a Florida car accident, you owe it to yourself to find excellent legal representation near you. We’ve helped thousands of clients recover hundreds of millions of dollars over the past 30 years.

We can’t represent everyone, but we help everyone we can. Call us for a free consultation. We’ll review your case and let you know if we can give you the legal representation you deserve.

Injured in Valrico? Contact us to speak to a personal injury lawyer in Valrico today!

What Our Happy Clients Say About Us on Google

What Our Clients Say About Us On Google:

"This law firm is absolutely amazing. I had a slip and fall accident and decided to use Abrahamson and Uiterwyk after doing some research and reading their excellent reviews and their receiving the highest rating from the Better Business Bureau. Everyone is highly qualified and helpful through the process. From my initial phone call, to the resolution of my case, everyone was kind, helpful, patient, and responsive. I highly recommend them and I will call them in the future if the need ever arises. I am grateful for the settlement they were able to negotiate for me. Thank you Abrahamson and Uiterwyk! "
Melissa B.
★★★★★
Free Case Evaluation