Average Settlement for a Car Accident (By Injury Type)

Last reviewed: October 2026 · How we research: How We Research Average bodily injury liability claim, 2024 $28,278 Increase since 2015 +66% Average property damage liability claim, 2024 $6,770 If you search “average car accident settlement”, you’ll find numbers that range from a few thousand dollars to six figures, usually with no source. The most

Do You Pay Taxes on a Personal Injury Settlement?

Last reviewed: October 2026 · How we research: How We Research Short answer: if your settlement compensates you for a physical injury or physical sickness, it is generally not taxable under federal law, and that includes the part for lost wages and pain and suffering. What usually is taxable: punitive damages, interest, emotional distress damages