What is the average settlement for a car accident in Alberta?
The average settlement in Alberta is around $50,000. These would be for the most common injuries in a car accident, rather than for the catastrophic, life-altering injuries that can come with a major car or truck accident. Many of those accidents can settle for $5oo,ooo, or even more.
What is the maximum pain and suffering compensation for Alberta car accidents?
If you’ve suffered a car accident in Alberta involving a soft tissue injury, the maximum pain and suffering compensation you can be paid is capped at $5,296 (as of 2020) if the injury does not result in “serious impairment.” Injuries which do cause “serious impairment” are not subject to this cap.
What are my rights after a car accident in Alberta?
It may cause severe damage to the vehicle and bring bodily injury and mental distress. However, in Alberta, you have the right to claim an accident and get compensation for this. Although any amount of compensation money won’t be ever enough, it might ease your suffering or relieve you from financial distress during such difficult times.
How much can someone sue for a car accident in Alberta?
As previously stated, the MVAC Program's monetary ceiling for all claims stemming from a single accident is $200,000 (plus legal fees). You may be...
How long does it take to settle a car accident claim in Alberta?
Approximately 98 percent of disputes are settled out of court. Prior to a final judgement at trial, your case might be settled at any moment. If a...
What is the cap on soft tissue injury in Alberta?
The amount of the Minor Injury Cap on general damages varies year to year. The Minor Injury Cap for vehicle accidents happening in 2020 is $5,296....