Even though auto insurance is meant to cover medical expenses, lost wages, and other damages, many victims find themselves receiving settlements far below what they deserve. The average injury settlement amount is around $20,235, but many victims receive less than $10,000¹. This underpayment often occurs because insurance companies aim to minimize their payouts, leaving victims to cover the remaining costs out of pocket. This is why it’s important to have a traffic accident lawyer on your side.