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Personal Injury Payout

A "personal injury payout" is the common phrase which is used to refer to an amount of money paid in compensation to the victim of an accident. The personal injury payout is made by the person responsible for the accident, also known as the person with "liability". The personal injury payout usually reflects the extent of the injuries which are sustained by the victim, the level of pain and disability which have been caused, and the expenses which have been accumulated as a result of the injuries. Some part of a personal injury payout may also account for emotional distress suffered by victims. Payouts awarded by judges and juries also sometimes include punitive damages, which are designed to make the payout high enough to act as a deterrent to further similar instances in the future.

Fast Facts

  • The most common cause of personal injury payouts are motor vehicle accidents and industrial accidents
  • Men usually receive higher personal injury payouts than in similar cases pursued by women

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