What’s the average settlement for a semi-truck accident?

What’s the average settlement for a semi-truck accident?

Unfortunately, accidents happen, and they are much more dangerous when a semi-truck is involved. There are a lot of factors at play, and if you have been involved in a truck accident, you likely have the right to seek compensation.

Before starting the legal process, you probably wonder, “What is the average settlement for a semi-truck accident?” The number varies, and this number can change drastically depending on the details of your case.  A qualified Lake Charles truck accident lawyer can determine the value of your claim based on the specific details of your case.

what is the average settlement for semi truck accident

Factors that can increase the value of your claim

The biggest factor in deciding the settlement amount is the severity of the crash. A minor fender-bender probably will not net much. However, the amount will undoubtedly increase when injuries and severe damage are involved. It also depends on whether the truck driver or company is found to be at fault.

Semi-truck accidents are more severe due to the size and weight of the vehicle involved. The important thing is to keep track of all bodily harm and property damage so that nothing is lost. Ensure you act quickly and gather evidence and proof for your lawyer to use in court.

Common economic damages in truck accidents

Economic damages amount to all monetary harm the accident caused you, the total sum paid. This means medical bills, property repairs, and lost wages from your job. In a truck accident, the likelihood that your vehicle is totaled is much higher, meaning you may need to replace your car.

You are also more likely to be seriously hurt, putting you in the hospital for an indeterminate amount of time. A loved one may have even lost their life, leaving funeral costs.

All of these put you under considerable financial strain, not all of which may be covered by insurance. Also, your insurance or the truck company may be unwilling to pay what you are owed. This is where a lawyer is invaluable, making sure your expenses are covered.

Pain and suffering in a truck crash

You are entitled to compensation for your pain and suffering, loss of enjoyment of life, mental anguish, and other forms of non-economic damages caused by a truck accident, though it can be a little more difficult to calculate. Just like with economic damages, the severity of the harm and losses determines the amount you are owed.

An event like a semi-truck accident can be traumatizing, especially if it extends into injuries and a long hospital stay. It can even take a loved one’s life, leading to long-lasting grief.

Your personal injury lawyer can work with you to determine how much you have suffered, ensuring you receive compensation for your mental and emotional damages. If the driver or company that owns the truck is found to have been negligent or otherwise criminally responsible, this will also affect the total outcome.

Get help calculating your claim’s value

Discovering the total value of your claim can be a long, complicated process. A skilled Lake Charles truck accident lawyer can help by providing an accurate estimate and helping you achieve that amount. Attorneys at The Johnson Firm have the knowledge and experience to ensure that the insurance and truck companies as well as the other driver are held liable for whatever you are owed.

The Johnson Firm is happy to help with your truck accident settlement. Schedule your free consultation today by calling (337) 433-1414 or completing our online contact form.

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An injury can impact your life tremendously. Every type of injury that happens as a result of someone else’s negligence requires the attention of an experienced attorney.