What Is A Fair Settlement Amount After A Truck Accident?
Along with those commuters are countless commercial trucks making deliveries throughout the state. These trucks are much larger than passenger vehicles and as such can do serious damage to motorists. When you’re hurt, seeking financial compensation through a trucking accident lawsuit may be the best way to get back onto your feet.
But just what is a fair settlement amount after a trucking accident? There are more variables that go into this than you might realize. Here are some of the main things that you’ll want to focus on to ensure you aren’t taken advantage of or agree to a settlement that isn’t fair for you.
• Lost Wages – Missing even a single day at work can throw your finances into turmoil. But when you consistently miss hours due to an injury, it can add up quickly. A fair personal injury settlement should include all of the money that you have lost due to missing work, along with any estimated future costs due to missing work in the future.
• Medical Costs – Heavy medical bills can come as a result of any accident, but especially one involving a commercial truck. And along with the initial medical bills could be months or even years of future medical costs due to things like surgeries, pain management, physical therapy, and more. All of these expenses should be part of the settlement as well to ensure that you make a full physical recovery.
• Property Damage – Replacing or repairing damaged vehicles will be a must for getting back on your feet after an accident. This can reach thousands of dollars as well, and it’s vital that those who are responsible for the accident be held responsible for repairing your vehicle or other personal property.
• Loss Of Earning Potential – Losing your wages is bad enough, but what about future earnings potential? For example, if an accident led to a problem that made someone unable to continue their work in the usual manner, it could prevent them from a promotion or raise they were in line for. These factors have to be considered and included into a settlement amount to ensure that you get the right compensation.
Along with these things are factors like punitive damages or compensation for pain and suffering, things that can’t be easily determined with calculations. But, if you trust in the pros to take care of negotiating your settlement you can rest easy knowing that you’ll stand up to the insurance companies, trucking companies, and lawyers for the other side and get the restitution that you deserve.
Trucking companies and insurance companies often do all they can to avoid paying out anything. Our lawyers stand up to the bullies and make sure that justice is served and that you get the compensation you are owed. Simply put, we can help. Contact our team today to find out more about your rights and get your free initial consultation.