Is there a minimum personal injury settlement amount?

Is there a minimum personal injury settlement amount?

Michael Ehline (Attorney at Law) gives expert video advice on: Is there a minimum personal injury settlement amount?; Are medical bills included in a bodily injury award?; Can I ask my lawyer for a copy of my settlement check? and more...

Whether or not there is a minimum personal injury settlement amount depends on many factors. As a general rule, no, there is no minimum amount one can settle a case for. It may be determine in the course of litigation and investigation that the person who you are seeking recovery for had no liability to begin with. In that case you may want to consider doing a global settlement for zero. The person you are suing agrees not to come after you for malicious prosecution or abusive process and in exchange you agree to release that person. But as a general rule if that person is at fault, it can be anywhere from zero dollars to millions or billions of dollars depending on what the evidence shows and what the insurance coverage is or assets of the defendant have available to pay the award or settlement.