If you or someone you love was recently attacked or bitten by a dog, your entire life could be in ruins. The injuries you suffer could be catastrophic and, in some cases, leave you permanently disabled. The dog’s owner or other at-fault party should be expected to compensate you for the total value of your damages and suffering.
When someone is interested in the average settlement for a dog bite, it is typically because they are looking for more information about how much they could potentially be awarded. However, there is no average settlement for a dog bite. Moving through the claims process can take time, but you can get the financial support you need in the meantime with dog bite injury lawsuit loans.
We Hate to Break the News
While you may find a wide range of figures online when you are searching for the average settlement for a dog bite, the truth may be a little more than disappointing. There is no true average settlement figure. It is impossible to know where these monetary figures are coming from unless the source informs you of where these numbers came from.
We do not know whether they are talking about the average settlement in one specific state or nationally. We do not know whether these settlements included insurance payouts or were exclusively dog bite injury lawsuits. These factors can have a significant impact on whether you have grounds for a claim and the amount of compensation that may be awarded.
Instead of relying on half-truths you find online, it is better to get a comprehensive analysis of your damages after a dog bite injury. This can help you determine what you might be able to recover in a successful dog bite injury case. Once you know how much you could win, you will have a better idea of how much you may be able to secure in personal injury lawsuit loans.
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How Dog Bite Settlements Are Calculated
Once you understand how dog bite injury settlements are calculated, you will have a better idea of the amount of compensation that may actually be available in your case. There are several factors that you should pay close attention to. These include the following:
Evaluation of Economic Damages
The average settlement for a dog bite should include an evaluation of your economic damages. Outlined in the Code of Federal Regulations 32 CFR 45.9, these include all monetary losses related to the injuries you suffered. Some examples might include:
- Loss of income
- Current and future medical bills
- Loss of household services
- Damage to your credit score
- Reduced earning potential
- Loss of employee benefits
- Increased insurance premiums
- Personal property damages
Review of Non-Economic Damages
Settlements also need to take into account the value of your non-economic damages. These may not be tangible in nature and can be subjective in value, but their profound impact makes them particularly valuable. Examples of potentially recoverable non-economic damages as described by the Code of Federal Regulations 32 CFR 45.10 include:
- Loss of enjoyment of life
- Disfigurement and permanent disability
- Pain and suffering
- Loss of consortium
- Embarrassment and skin scarring
- Diminished quality of life
- Emotional distress
Your Anticipated Prognosis
The extent to which your injuries are expected to continue to affect your life will also play a part in determining how much compensation may be available in your dog bite injury claim. If you are dealing with an ongoing medical condition related to the attack or are permanently disabled, you may require continued treatment for the foreseeable future. This includes treatment for your emotional distress or post-traumatic stress disorder (PTSD).
Every person’s life can be affected differently based on the type of injuries they sustained. Beyond the type of injury, the impact these injuries have on individuals’ lives can have varying degrees. For this reason, it is impossible to determine an average dog bite settlement.
Insurance Considerations
It is also important to consider insurance. Dog bite victims who file a claim against someone uninsured may not be able to recover as much compensation as someone who can file a claim against the liable party’s insurance policy. Of course, even without insurance, you may still be able to recover a portion of your losses by filing a dog bite lawsuit in civil court.
However, without that insurance coverage, you have fewer opportunities to recover the compensation you deserve. It may surprise you to learn that not all dog owners or liable parties have sufficient insurance coverage. There is no requirement that a dog owner carry renter’s insurance, general liability insurance, or other types of insurance coverage, which may leave them vulnerable.
Get the Financial Support You Need in Hours
These factors and more can have a dramatic impact on the amount you can expect to recover from your dog bite settlement. Fortunately, you can afford to wait for your lawyer to negotiate maximum compensation when you have access to a percentage of your award in advance. With Silver Dollar Financial, you do not need to rely on potential insurance settlement awards.
You can access an advance of your payout through one or more types of funding for dog bites. As long as we can confirm your case status and anticipated settlement with your legal representative, and you meet our other qualifying requirements, we can approve your pre-settlement loan application in a matter of hours. Depending on how much compensation you are expected to recover, we may be able to provide as much as 20% of your future award.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Call Silver Dollar Financial for Pre-Settlement Legal Funding After a Dog Bite
While there is no average settlement for a dog bite, that does not mean you will remain in the dark regarding how much compensation you may be awarded. By closely evaluating your damages, their impact on your life, and your legal options, you can gain insight into the true value of your injuries and suffering. While your dog bite lawyer handles the legalities of your case, you can turn to Silver Dollar Financial for the support you need now.
Our loan specialists may be able to help you access personal injury lawsuit loans for dog bites. This cash advance against your future settlement can help you cover your expenses now to avoid financial ruin later. Apply now, call our office, or fill out our secured contact form to learn more about how much you could receive in lawsuit loans.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding