May 31, 2024 | Traumatic Brain Injuries
The average settlement for a traumatic brain injury (TBI) in Georgia can range drastically from $700,000 to $10 million. As you would expect, whether the injury is catastrophic or mild plays a big part due to the different levels of medical care and emotional toll they exert on the victim. Average settlement for traumatic brain injuries by type Below, we explore the distinctions in settlements for catastrophic brain injuries and mild traumatic brain injuries so you can see how they might apply to you or your loved one. Catastrophic brain injuries The average catastrophic brain injury settlement amount is around $1.5 million to $10 million. These injuries are life-altering, leading to severe cognitive impairment, permanent disability, or even death. The high compensation reflects the need for extensive long-term medical care, rehabilitation, and ongoing support. Victims of catastrophic brain injuries often require round-the-clock care and assistive devices, which significantly increase the financial burden. Additionally, these settlements account for the loss of earning potential and the profound emotional and psychological impact on both the accident victim and their family. Achieving fair compensation in such cases provides the necessary resources for victims to adapt to the profound changes in their lives and ensures that they receive the care and support they need moving forward. Mild traumatic brain injury settlements Settlements for a mild traumatic brain injury lawsuit range from $700,000 to $1.2 million. Although these injuries are less severe compared to catastrophic brain injuries, they can still have significant effects on an individual’s quality of […]