How Much Is My Truck Accident Settlement Worth?

Truck accidents are far more likely to cause catastrophic injuries or deaths than other types of accidents. Therefore, victims of truck accidents can suffer millions of dollars in damages.

There are a couple of reasons why truck accidents are more destructive. The size and weight of commercial trucks ensure collisions cause more damage. When a commercial truck is fully loaded, it can weigh up to 80,000 pounds (40 tons).

Truck trailers are also elevated. During collisions, motorists in normal-sized passenger vehicles may be forced underneath a trailer. Underride accidents can result in catastrophic brain and spinal cord injuries. Oftentimes, they are fatal.

What Is the Average Semi Truck Accident Settlement Worth?

How much your case is worth depends on the circumstances. There is no “average” settlement amount because each case is different. However, the damages in truck accident cases are often substantial. Factors that may affect damages include:

Medical Bills

If you incurred medical bills after your accident, then you may be compensated for these expenses. Medical expenses may also include:

  • Costs associated with rehabilitation
  • Home medical equipment
  • Home medical services

Catastrophic injury victims are more likely to require medical services long after the accident occurs, or even for the rest of their lives.

Loss of Income and Future Earnings

Truck accident injuries can cause permanent physical, mental and psychological disabilities (PTSD). For instance, a complete spinal cord injury leads to total paralysis below the location of the injury. This type of injury would rob a person of the income he or she once earned and would certainly limit his or her ability to secure income in the future.

Funeral Costs

Truck accidents may result in one or more fatalities. If you lost a loved one, and are eligible to file a wrongful death lawsuit, then you can recover damages for funeral costs (and some of the damages listed above).

Pain and Suffering

A catastrophic truck accident injury or losing a loved one can lead to immense pain and suffering. You may experience a severely decreased quality of life and loss of companionship.

Home Modifications

You or your loved one could require home modifications to help ease the burden of living with a catastrophic injury. Home modification expenses may factor into a settlement or jury verdict.

Transportation Costs

You or a loved one may require specialized health care services that are not located near your current residence. Transportation costs for attending treatment may also factor into a settlement or jury verdict.

Factors to Consider When Choosing a Grayson County Truck Accident Attorney

You should be careful while selecting a law firm to take your potential truck accident case. If you or a loved one suffered extensive damages, then it is crucial that you give yourself the best chance of recovering an adequate settlement or jury verdict.

Some law firms have far more experience handling catastrophic injury and wrongful death cases than other law firms. For instance, experienced law firms will have an easier time finding qualified medical experts who can testify about your damages. Law firms with experience handling truck accident cases can also hire accident reconstruction specialists to strengthen your claim.

Trial experience is also a factor that you should consider when choosing an attorney. Truck accident cases do not always settle. Insurance companies may not offer a settlement that adequately covers your damages. It may be necessary to take your case to trial.

You should also take a look at a law firm’s verdicts and settlements page to see if they have handled cases similar to your case.

About Our Grayson County Truck Accident Attorney

At David K. Wilson & Associates, Attorneys at Law, our Sherman truck accident lawyer has extensive experience with catastrophic injury and wrongful death cases. If you have questions about truck accident settlements or jury verdicts, then we encourage you to call our office for a free consultation.

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