Evaluating the Value of a Truck or Car Accident Settlement

What is my truck or car accident settlement worth? 

This is a question that we are asked often. Unfortunately, determining the value of a truck or car accident settlement is not simple. And, there is not a single answer to this question as each case is different. No two accidents, truck related or other, are the same. No two injuries are the same. The exact cause of the accident may vary and therefore so can the results. Sometimes a vehicle may be totaled and a driver or passenger is killed. Other times an accident can result in minor injuries or even no injuries at all. As the accidents vary, so do the settlements. Furthermore, a car accident settlement can be very different than a commercial truck accident settlement in terms of complexity, amount, and legal issues involved.

Insurance

Truck accident claims are typically different from auto accident claims in that the insurance policies differ truck or car accident settlementsignificantly. The Federal Motor Carrier Safety Administration (FMCSA) requires that semi-trucks carry larger minimum policies over the average car driver.

There are factors considered when coming up with a total value of a truck or car accident settlement. Some of these are:

  • Total amount of your medical bills
  • Expected future medical bills
  • Lost wages from missed work
  • Permanent impairment
  • Lost capacity to work
  • Scarring
  • Loss of companionship if the injured person is married
  • Pain and suffering
  • Loss of Enjoyment of Life
  • Property damage

Who can help me get the most for my truck or car accident settlement?

A Greenville car accident lawyer works on car and trucking accident cases can help you in your specific situation. Your lawyer is on your side. As a matter of fact, they are here to advocate for you. Additionally, they will help you obtain fair reasonable compensation for your harms and losses. Your attorney will be there with you as you navigate through the process of filing a lawsuit against the insurance or trucking company that caused your losses. Representing yourself or hiring a lawyer who is not familiar with the complexities of car accident or truck accident cases may result in a bad or inadequate settlements.

Do Not Rush To Settle

When you are in an accident, you may want to settle your claim quickly to get it over and done with. However, you may end up not settle your case for full value under the law. Your personal injury lawyer can investigate your case. This includes determining the facts related to the accident and losses you may experience in the future. Since the value of the case includes total amount-past, present, and future-of medical bills as well as pain and suffering, these amounts may not arise until later and therefore end up costing you significantly more. Once your case settles and you sign a release, you will be unable to come back for more compensation.

Truck or Car Accident Settlement Next Steps

Whether you have been in a car accident or truck accident you need a personal injury lawyer to navigate the complexity of the law on your behalf in order to obtain a full, fair, and reasonable settlement.

Thankfully, the Thomas Creech Law Offices have experience with car and truck accident cases and can help you during this difficult time. Contact us to schedule a free consultation.