Asbestos Exposure Settlement Amounts (Mesothelioma Claims)

Asbestos exposure is the primary cause of mesothelioma, a deadly cancer that affects the lining of the lungs, abdomen, or heart. Millions of workers were exposed to asbestos in construction, shipbuilding, manufacturing, and other industries before its dangers were widely known. If you or a loved one has been diagnosed with an asbestos-related disease, you may be entitled to significant compensation.

Average Settlement Amounts

Asbestosis without cancer settles for $100,000 to $400,000. Pleural mesothelioma settles for $1,000,000 to $2,500,000. Peritoneal mesothelioma settles for $1,000,000 to $3,000,000. Asbestos-related lung cancer settles for $500,000 to $2,000,000. Wrongful death from mesothelioma settles for $1,000,000 to $5,000,000 or more. Trial verdicts for mesothelioma can exceed $10,000,000.

Asbestos Trust Funds

Many asbestos manufacturers have filed for bankruptcy and established trust funds to compensate victims. There are currently over 60 active asbestos trust funds with combined assets exceeding $30 billion. You can file claims with multiple trust funds simultaneously, and the claims process is typically faster than litigation.

Litigation Options

If the responsible company has not filed for bankruptcy, you can file a personal injury lawsuit seeking full compensation including medical expenses, lost wages, pain and suffering, and punitive damages. Mesothelioma lawsuits often settle for higher amounts than trust fund claims because they include pain and suffering and potential punitive damages.

Statute of Limitations

The statute of limitations for asbestos claims typically begins when you are diagnosed with an asbestos-related disease, not when you were exposed. This is called the discovery rule. However, the specific rules vary by state, so it is important to consult with an attorney promptly after diagnosis.

Conclusion

Asbestos exposure settlements range from $100,000 to $5,000,000 or more depending on the type of disease and the available compensation sources.

Use our free settlement calculator to estimate what your asbestos exposure case might be worth.