The average value of an insurance claim against Gallagher Bassett may be around $30,000 to $250,000 based on the level of physical injury, long-term complications, and many other variables. However, injury claims can fall below this range, meaning they may be worth anywhere between $5,000 to 10,000. Alternatively, those who have suffered the most serious injuries may receive payments that exceed $2,000,000.
If you had an accident that resulted in one or more injuries, you may have filed a claim against the responsible party. As someone reading this article, there’s a good chance that the insurance company representing the party at fault is Gallagher Bassett.
No matter what you have heard about the insurance claims process, your primary concern probably has to do with how much you will receive in compensation. Quite possibly, you have the following questions on your mind:
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What is the average settlement for an accident claim against Gallagher Bassett?
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How much does a Gallagher Bassett injury claim settle for?
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What is the average case value of an insurance claim with Gallagher Bassett?
Accidents can cause all sorts of disruption in your life, and the physical and emotional harm can take months, if not years, to work through. This is not counting the impact on your finances, particularly if you lose the ability to work on a long-term or permanent basis.
If you are interested in learning how much you can receive from a Gallagher Bassett insurance claim or lawsuit, contact our law firm right away. Our legal team is available 24 hours a day, and we are more than happy to provide you with a free consultation.
Our Most Recent Victories Against Gallagher Bassett
$2 Million
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$487,500
About Gallagher Basset
Gallagher Bassett is one of the world’s largest third party insurance claims administrators. Their client base includes businesses that pay out their own insurance claims rather than paying for coverage elsewhere. However, those businesses may still need an outside company to handle the large volume of claims for accidents like slip and falls and car crashes.
The company manages a wide variety of liability claims involving personal injury, property damage, medical malpractice, professional liability, and workers’ compensation. In the area of personal injury cases, the company specializes in motor vehicle accidents, fall-related injuries, and wrongful death claims, among other types of claims.
Third party administrators commit themselves to settling a case for the lowest amount, thereby saving their clients’ money. Unfortunately, that means victims and their loved ones are often left with inadequate funds to meet all their expenses, even though they were harmed by another’s negligence or misconduct.
Unlike Gallagher Bassett, our loyalty is to you and others who suffered injuries from a serious accident. You deserve maximum compensation from an insurance claim, and we are more than prepared to help you achieve that goal.
What Affects Your Settlement Value?
The amount that’s paid to a victim is based on many details concerning the accident and the resulting injuries. The overall payment includes multiple categories of compensation, such as medical costs, funeral expenses, pain and suffering, lost income, and loss of consortium.
Some of these payments are projected costs, meaning they account for the on-going expenses, like the cost of lifetime medical care. You may also grounds to ask for emotional distress and other non-economic damages that are not based on specific monetary losses. You also have to consider the amount of insurance coverage that’s available under the defendant’s policy, and whether it will provide you with enough compensation.
In spite of all these issues, there is no denying that your physical injuries have the biggest impact on a settlement from Gallagher Bassett. To put is simply, a case involving catastrophic injuries or death will have a greater value than claims where the victim has a broken bone that is expected to heal completely. Catastrophic injuries, on the other hand, include spinal cord damage, brain injury, paralysis, and other conditions that cause serious and permanent health complications.
But even with serious injuries, the entire body of evidence plays a crucial role in the settlement process. For example, witness statements from people that saw the accident can increase the value of a Gallagher Bassett claim. For more information on what can affect how much you will receive from a personal injury lawsuit, contact the offices of Normandie Law Firm.
Car Accident Case Values
One of the most common insurance claims handled by Gallagher Basset involves auto accidents. The amount that’s paid to the victim is often determined by the insurance company’s policy limits on bodily injury and property damage. Below are estimates for car accident settlements obtained from Gallagher Basset:
- $5,000 to $50,000
for minor injuries or those with no major complications
- $50,000 to $125,000
for multiple injuries or a serious injury that requires physical therapy, surgery, and other long-term medical care
- $250,000-$1,000,000
for accidents that cause permanent disability and other lifetime health issues
- $750,000-$5,500,000
for death or injuries that impair a victim’s ability to work and live independently
Settlements for a Truck Accident Claim
These accidents are in a separate category from car accidents because of the increased potential to cause harm and suffering. Permanent, life-altering injuries are more common when you are hit by 18-wheelers and other commercial trucks. Even on the lower end, a truck accident injury claim with Gallagher Bassett can settle for $50,000 and above. The average value is probably in the range of $75,000 to $300,000, with the most extreme injury / death claims having values that normally exceed $1,000,000.
Compensation Amount in a Motorcycle Accident Claim
Average payouts for motorcycle accidents claims are difficult to determine, but $50,000 to $70,000 may be a fair estimate. Then again, motorcycle riders are extremely vulnerable in accidents compared to someone who is inside a closed vehicle. Many of the clients we have helped over the years were fighting for compensation due to amputation, spinal cord damage, vision loss, and other injuries that completely altered the course of their life. That’s why it’s not unusual for motorcycle accident victims to settle their claims for $100,000 to $500,000, especially if they qualify for pain and suffering and other non-economic damages.
Slip and Fall Settlement Amounts
Slip and fall / trip and fall accidents are exceptionally common, and the impact of an unexpected fall can have devastating consequences on your body. Claims on the lower end of the spectrum can settle for $10,000 to $15,000, but many of the clients we represent have serious injuries that merit payments in the range of $125,000 to $300,000. If the injuries cause permanent damage and the defendant’s actions meet the standard for gross negligence, the resulting compensation may be worth several million dollars. A slip and fall lawyer can advise you on the right amount to ask for in a premises liability claim against Gallagher Bassett.
What is the Value of a Wrongful Death Claim?
Wrongful death compensation is meant for spouses and immediate family members. The money goes toward covering expenses and making restitution for the damages that are associated with a loved one’s death. So, calculating wrongful death settlements is more complicated than most people realize, as the payment is largely based on projected losses, like the savings a family will lose throughout their life because the main breadwinner was killed in an accident.
Settlements amounts in wrongful death claims can exceed the $1,000,000 mark depending on the persona age, gender, job status, number of dependents and other personal details. While the death of an elderly, retired victim may be worth between $500,000 and $1,000,000, a lawsuit for the death of a working father or mother in the prime of their life may be settled for $3,000,000 to $4,000,000.
Please note that each case is unique, and not everyone will qualify for multimillion dollar payments. The key is to find a lawyer who can help you obtain a fair settlement based on the harm you suffered.
Reviews from Real Clients
Thanks to this amazing team, I was able to successfully pursue my injury claim against Gallagher Basset and recover the compensation that I was owed.
Sandra M.
Normandie Law Firm handled my Gallagher Basset claim amazingly and quickly got me the best settlement available. Thank you for fighting for my rights and helping me win!
Josh F.
My Gallagher Basset claim was going nowhere, that’s until I found Normandie Law Firm. The guys here at Normandie took care of everything and were able to help me recover the compensation that I was owed.
Julian V.
I tried dealing with Gallagher Basset on my own, but I quickly figured out that I needed a lawyer. The guys At Normandie Law Firm took care of everything from the start and were able to deal with the insurance company to get me the best payout possible.
Will G.
The Personal Injury Lawyers of Normandie
Accident victims and the ones they leave behind should not be struggling to stay aloft due to medical bills and other expenses. That’s why Normandie Law Firm is here to fight for you and secure the highest possible settlement from a Gallagher Bassett insurance claim.
We understand that most people cannot afford to pay a retainer or hourly fees if they wish to hire an accident injury attorney. That’s why our law firm has a Zero Fee Guarantee policy for anyone that contacts us. You pay $0 when you hire us, and we wait until your settlement is recovered before we deduct a portion to go towards legal expenses. If the insurance claim is not resolved in your favor, you are not responsible for any legal fees.
Contact our legal team as soon as possible and learn about your rights and legal options during a free case review.
