What is the Average Uber Accident Settlement in New Jersey?

Posted January 4th, 2023 by .

Categories: Auto Accidents.

Ridesharing vehicles are a near ever-present sight in North Jersey. With the explosion in popularity of ridesharing services has come a corresponding increase in Uber and Lyft accidents. If you were hurt in an Uber accident, it is crucial that you have compensation for the full value of your damages. 

This raises an important question: What is the average settlement for an Uber accident? The somewhat unsatisfying answer is that there is no real “average” settlement. That being said, you have the right to get compensation for the full value of your damages. Here, our Jersey City Uber accident lawyer explains what goes into a personal injury settlement in New Jersey. 

No True Average Settlement: You Deserve Compensation for Your Damages

A settlement in a ridesharing accident claim is always determined on a case-by-case basis, with close attention to the specific facts. Thinking about the “average” settlement is not particularly constructive to your case. Instead, New Jersey law allows injured victims to seek compensation for the full extent of their damages. Your Uber accident settlement may include money for: 

  • Economic Damages: One type of damage that you may be able to recover in an Uber accident is economic damages. Economic damages are those that have a specific dollar value attached to them, such as medical expenses, ongoing medical care, lost wages, and property damage, such as vehicle repairs. Your economic damages are the basis of your claim.
  • Non-Economic Damages: In addition to economic damages, you may also be able to recover non-economic damages in an Uber accident. Non-economic damages are more difficult to quantify, as they are not associated with a specific dollar value. Examples of non-economic damages include pain and suffering, emotional distress, and loss of enjoyment of life. 

To recover a full and fair settlement for an Uber accident in North Jersey, your damages must be well-documented. In defending these claims, ridesharing companies and their insurers may try to downplay your damages. They want to pay out as little as possible in a settlement. A New Jersey Uber accident lawyer can help you pursue the full and proper compensation that you deserve. 

Uber & Lyft Passengers are Protected By New jersey Insurance Regulations 

New Jersey state law protects ridesharing passengers. Uber, Lyft, and other services must obtain adequate insurance coverage for all of the vehicles that they put on the road in the state. The New Jersey Motor Vehicle Commission explains that Uber passengers must be covered by a minimum of a $1.5 million liability policy.  

Consult With Our New Jersey Uber & Lyft Accident Lawyers for a Free Consultation 

At The Law Offices of Anthony Carbone, our ridesharing accident attorneys handle Uber & Lyft accident claims. We are committed to helping you secure the maximum settlement. Contact us today to set up a free case review today. From our Jersey City office, we handle ridesharing accident claims throughout New Jersey, including in Newark, West New York, Secaucus, and Union City.

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