As reported by the Brain Injury Association of America (BIAA) in their article, “Should I Accept a Traumatic Brain Injury Settlement?”, suffering a traumatic brain injury (TBI) can have life-altering consequences, from memory loss and cognitive difficulties to financial hardship due to medical bills and lost wages. If someone else is responsible for your injury, you may be entitled to compensation—but deciding whether to accept a settlement is a critical decision.
Most TBI cases settle out of court, but insurance companies often present low initial offers. Accepting a settlement that doesn’t fully cover your long-term needs can lead to financial and personal hardship. Settlement amounts can vary widely based on the severity of the injury. While mild-to-moderate TBIs often settle in the six-figure range, severe cases can result in multi-million-dollar settlements.
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Article with all rights reserved, courtesy of Brain Injury Association of America (BIAA).
