Am I Entitled to Interest on my Personal Injury Award in Massachusetts?

Yes, if a jury returns a verdict awarding you damages in your personal injury lawsuit against the defendant (the negligent party), the Court in Massachusetts will add interest to your jury award.

The law in Massachusetts (M.G.L. c. 231 § 6B) provides in relevant part: “In any action in which a verdict is rendered or a finding made or an order for judgment made for pecuniary damages for personal injuries to the plaintiff … there shall be added by the clerk of the court to the amount of damages interest thereon at the rate of twelve per cent per annum from the date of commencement of the action even though such interest brings the amount of the verdict or finding beyond the maximum liability imposed by law.”

For example, if you were injured in a car accident in Massachusetts caused by another person and you file a personal injury lawsuit against that other person seeking money damages, if the case proceeds to trial and a verdict is returned in your favor awarding you damages (or financial compensation), the Court will add 12% interest per year to your award starting from the date you filed the lawsuit.

But, keep in mind, if you settle your personal injury claim before filing a lawsuit or after you file a personal injury lawsuit, you settle your case before trial, there will be no interest added to the settlement amount.

Speak With An Experienced Personal Injury Lawyer Today

If you have been injured in a motor vehicle accident in Massachusetts, you should consult with an experienced accident attorney to get the legal advice you need and an expert evaluation of your case.

The Framingham personal injury attorneys at Mahaney & Pappas, LLP offer complimentary consultations where we will evaluate your case and provide you with a fair valuation of your accident claim. We offer contingent fee agreements on car accident cases, which means you don’t pay us anything unless and until we get you the money you deserve for your injuries.

To speak with someone on our legal team or to schedule your free meeting, please call (508) 879-3500 or contact us online