Products Liability Verdicts
June 16, 2008, by Ronald V. Miller, Jr.
A recent Jury Verdict Research study from 2000-2006 found that the median compensatory award in product liability cases is $1,500,000. This analysis is based on plaintiff verdicts rendered nationwide from 2000 to 2006.
The median verdicts by type are as follows:
Transportation Products: $3,000,000
Farm Products: $2,595,000
Industrial/Construction Products: $1,550,000
Medical products: $1,000,000
Commercial Products: $525,000
Consumer Products: $255,000
