Your Ultimate Compensation Payout Guide

This Compensation Payout Guide may assist you if you need to make a compensation claim. Carter Capner can help you determine the value of damages, compensation or insurance proceeds you are entitled to. Regardless of the type of accident you have been involved in, the extent of compensation payouts for injuries depend on the type of claim.

Click here if your claim is under an insurance policy for income replacement; TPD cover; or a sickness & accident. Payouts for these claims depend on policy wording.

Payouts in claims for damages against third parties are mainly dependant on how your income earning capacity has been impacted.

Some types of personal injury claims are easier to assess than others. Carter Capner’s compensation payout guide can help you understand how damages are calculated so you know exactly what you are entitled to. Our compensation lawyers cover a large range of injury claims, so if you need more assistance, contact us today.

Determining Injury Compensation Payouts

Key Factors in Payouts for Injuries

Some personal injury claims can amount to hundreds of thousands of dollars, whereas other cases involve smaller sums.

When calculating damages, it is essential to take the following factors into account:

  • The extent of your injuries
  • Your age
  • Your occupation
  • Your health
  • The cause of your injuries
  • How your injuries affect your capacity to work

Are Compensation Claims Unique?

Yes, every compensation claim is unique. Although the same guidelines apply to the calculation of general damages in personal injury law, every claim must be considered on a case-by-case basis. There is simply no one-size-fits-all solution to estimating compensation payouts for injuries, and it is never safe to assume you automatically qualify for damages.

Seeking legal advice is essential to ensuring you have a thorough understanding of how damages are calculated. Skilled lawyers are needed to ensure you get all the compensation to which you are entitled.

Personal Injury Payments in Queensland

Compensation payouts for injuries are highly regulated in Queensland. These regulations are designed to protect the rights of all parties involved in personal injury cases.

In Queensland, common types of personal injury claims include:

Road Injuries

Work Injuries

Travel Injuries

Medical Injuries

Public Liability Injuries

Recreational Injuries

Other Injuries

If you are thinking of making a personal injury claim, it is essential you seek expert advice. for the laws regulating personal injury payments vary between different states and territories, so it is advisable to speak with a lawyer who is familiar with Queensland’s legal system.

Car Accident Compensation

If you are unsure how much compensation you are entitled to after being injured in a car accident, it is possible to determine the average amount of damages awarded in these types of claims. The following figures are based on data collected from 1 July 2007 to 31 December 2016 for the Motor Accident Insurance Commission’s Statistical Information Report.

  • Average payout for car accidents involving minor injuries: $68,905
  • Average payout for car accidents involving moderate injuries: $138,244
  • Average payout for car accidents involving serious injuries: $333,096
  • Average payout for car accidents involving severe injuries: $814,403
  • Average payout for car accidents involving critical injuries: $1,414,990
  • Average payout for car accidents involving the most severe type of injury (predominately fatalities) – $310,980

The relationship between injury severity and compensation amounts awarded in car accident compensation claims can be complex. It is vital to keep in mind that the unique circumstances of the accident you were involved in can influence the outcome of your case.

Workers Compensation Payouts

As the primary provider of accident insurance for employers in Queensland, WorkCover Queensland plays a significant role in outlining the maximum amount payable in workplace injury claims. Even though every workplace injury claim is treated on an individual basis, some injuries are worth specific amounts of compensation:

For example, this is how WorkCover values the following types of injuries:

  • Maximum amount payable for total knee replacement: $123,845
  • Maximum amount payable for injury to hip region resulting in mild loss of all movements: $29,730
  • Maximum amount payable for total hip replacement: $111,465
  • Loss of hearing in one ear: $66,050
  • Loss of hearing in both ears: $134,510

This is just a small sample of how WorkCover Queensland evaluates particular injuries (a comprehensive table of injuries and their corresponding values can be viewed on the WorkCover Queensland website. In order to qualify for any compensation for a WorkCover claim (let alone the maximum amount payable) you will need to provide evidence in support of your claim.

Permanent Impairment and TPD Compensation Payouts

A Total and Permanent Disability (TPD) can refer to almost any type of injury that prevents you from returning to work in your former capacity. Common TPD injuries include:

  • Spinal injuries
  • Loss of sight
  • Loss of hearing
  • Brain injuries

The majority of TPD claims are assessed on the following conditions:

  • Your level of disability
  • The conditions of your super fund
  • Your time in the workforce

TPD claims often have such unique conditions that it can be difficult to estimate damages without reviewing your case. If you think you may be entitled to a TPD payout, Carter Capner can assist you with identifying an appropriate amount of compensation.

Public Place Injuries in Queensland

From trips and falls to injuries sustained during recreational activities, a wide range of accidents fall under public liability law. As compensation amounts for public liability claims vary considerably depending on the unique conditions of each case, estimating damages isn’t always a straightforward process.

The compensation you are entitled to will depend on how badly you have been hurt. To determine an appropriate amount of damages, a monetary value will be placed on how your life has changed as a result of your accident.

Medical Negligence Payouts

If you have been injured as a result of the harmful actions or oversights of a healthcare provider, you may qualify for a medical negligence claim.

Common examples of medical negligence include:

  • Substandard postoperative care
  • Misdiagnosed injuries or illnesses
  • Negative side effects of wrongly prescribed medication
  • Childbirth complications

Depending on the type of injury you have sustained, medical negligence claims can involve significant damages. Having a lawyer review your case is the best way to learn how much compensation you are entitled to.

Are there time limits for making compensation claims?

Yes, strict time limits apply to all types of compensation claims. If you fail to take legal action within the required time limit, you may lose your entitlement to damages.

Is injury compensation taxable?

Most lump-sum injury compensation payouts are non-taxable. However, this rule does not apply to all forms of compensation. Be sure to ask your lawyer if you are required to pay tax on any damages you receive.

How long is the personal injury claim process?

Some personal injury claims take several months to settle. The complexity of your case and the willingness of the other side to reach a settlement can impact the duration of the legal process.

How is compensation for past and future economic loss calculated?

Assessing past and future economic loss usually involves examining how your earning potential has changed as a result of your injury. Any out-of-pocket expenses you have had to cover may also be taken into consideration.

How can a no win no fee lawyer help me?

If you are worried about the financial risk involved with taking legal action, No Win No Fee lawyers can cover any outlays associated with your case. Under a No Win No Fee agreement, you will only need to cover the cost of your legal fees if your claim is successful. Find out more about what no win no fee means here.

Get in touch with us