Cheap Auto Quote, GM’s $594.5M payout averages $1.5M per ignition switch injury
The General Motors Ignition Compensation Claims Resolution Facility announced the final tally for its grisly duty of providing money to those killed or injured by the automaker’s faulty ignition switches. In the end, the group offered over $594.5 million to the 399 cases that were eligible for compensation, including 124 deaths. That’s an average of about $1.5 million per claim, but the actual payments varied between fatalities and the severity of a person’s harm, so claimants could have received more or less than that.