How Much is My Truck Accident Case Worth?

How Much is My Truck Accident Case Worth?

Posted on | Categories: Truck Accidents
Truck Accident Settlement Amount

If you were hurt in an accident with an 18-wheeler or another large commercial vehicle, you could be dealing with painful injuries, costly medical expenses, lost income, and the cost of repairs or replacement of your car. Following a serious truck accident, many victims don’t have the money to pay for these unexpected out-of-pocket costs. If the accident wasn’t your fault, you could be eligible to file an injury claim against the truck driver or the trucking company responsible for the accident.

Perhaps the most important question you have will be, “How much is my truck accident claim worth?” No honest lawyer will be able to answer this question with a dollar amount at your initial meeting because the correct answer depends on too many variables.  However, the exact amount of money you might be able to recover depends largely on two factors: the severity of the injuries that you suffered and the amount of insurance coverage available.

Injuries Suffered

Different injuries bring with them different kinds of medical expenses and other consequences. Depending on the type of injury you or a loved one have sustained as a result of a truck accident, you could be eligible for compensation for many related expenses and losses. Some examples include:

  •    Ambulance transportation
  •    ER visit
  •    Doctor visits
  •    Medicine
  •    Physical therapy
  •    Disability
  •    Disfigurement
  •    Lost income
  •    Reduced earning potential
  •    Pain and suffering
  •    Emotional distress
  •    Wrongful death (including funeral expenses, burial expenses, and loss of companionship)

Some of these are easier to put a monetary value on than others, which is why it’s important to get in touch with an experienced truck accident lawyer right away. They will know exactly how much to ask for in your demand letter.

Insurance Coverage Available

When you’re in a crash with a regular vehicle, you’ll likely only have to deal with the other driver’s insurance company. When you are hit by a commercial truck, however, the trucking company’s insurance often comes into play, as does coverage for other potentially liable parties such as the truck maintenance company or the company responsible for loading the truck. This means that there is often more insurance coverage available than there would be in a crash involving only private passenger cars.

However, just because a commercial policy is in place doesn’t mean that the insurance companies will pay your claim willingly. Insurance companies do everything in their power to minimize your claim and pay you as little as possible, even going to great lengths to ensure that their attorneys and investigators arrive at the scene before law enforcement personnel clear the vehicles from the crash scene.  Insurance companies try to deny or minimize paying your claim, regardless of whether it means leaving you with huge expenses you can’t afford. That’s why it’s so important to get in contact with an experienced truck accident attorney from the Sloan Firm as soon as possible after a crash.

Texas Truck Accident Case Settlement Examples

At the Sloan Firm, we have a proven track record of success when it comes to truck accident claims. We have secured millions for our clients involved in truck accidents. Some of our recent results include:

  •    $7.25 million for a family injured in a truck wreck
  •    $4.8 million for our client after attorney fees
  •    $2.45 million after a crash with an 18-wheeler
  •    $2 million for a couple after a collision with a commercial truck

If you’ve recently been injured in a collision with a commercial truck, The Sloan Firm is ready to help you maximize your compensation. We will evaluate your case for free, so don’t hesitate to call us or contact us online now to see how we can help you.