Semi-truck accidents are traumatic experiences. These vehicles weigh tens of thousands of pounds when fully loaded and can cause catastrophic damage in a collision. The aftermath of such an event can be difficult and the physical, mental, and emotional toll can leave victims in distress.
This is where a personal injury settlement comes in. Filing a claim can be one of the first steps to getting your life back on track. You may wonder about the potential compensation amount you can receive if you are injured in a semi-truck accident.
The average compensation for truck accident injuries can range from tens to hundreds of thousands. Our firm’s average settlement amount across all motor vehicle accident cases we’ve represented is around $30,000. However, each case is unique, and the expected compensation can vary greatly depending on the circumstances of the accident.
While the average settlement amount can vary from case to case, we’ll make sure you’re well informed of the factors that go into determining your settlement and how you can maximize your compensation.
Factors That Impact Your Personal Injury Settlement
The average truck accident settlement can range from thousands to millions of dollars. Why the large range? This is because there are several key factors that can impact the claim including:
- Liability: Fault can be a major factor in determining the amount of compensation you may receive. In states that practice comparative fault, your compensation may be reduced based on whether or not you are found partially at fault for the accident. Learn more about liability in truck accidents here.
- Severity of injuries: The extent of injuries and the long-term impact of them are considered when calculating compensation. Medical records, medical opinions, and rehab expenses are a few factors taken into account.
- Insurance coverage: The insurance policies of the parties involved can dictate the maximum available amount for settlement. A good attorney can help identify potential sources of income.
- Lost wages: If you are unable to work as a result of your injuries, you may be compensated for any present and future lost wages.
- Property damage: Costs to repair or replace your vehicle and any other associated property damage are usually taken into account.
- Medical expenses: Cost of medical treatments, hospitalization, and any rehabilitation can impact the settlement amount.
- Legal representation: an experienced lawyer on your side can make a difference in your case and help you maximize your potential compensation.
We share strategies for maximizing your compensation in our post, 10 Ways to Maximize Your Compensation in a Personal Injury Claim.
How Long Does It Take to Settle a Semi-Truck Accident?
The duration of time it takes to settle a semi-truck accident is also dependent on each claim. Simple cases such as those with minimal damage and clear liability can lead to quicker settlements. However, complex cases may take months or years to finalize.
Factors that can alter the timeline of your settlement include the response of the insurance company, the complexity of your case, the amount of negotiation that goes into reaching a settlement, and if your claim needs to be taken to court.
Typically, the settlement process involves several stages of negotiation and if necessary, litigation. Each phase of the settlement process can be smooth or delayed depending on whether there are multiple parties involved, disputes over liability occur, willingness to negotiate, and general back and forth communication time. It’s essential to remember to be patient in instances where your claim is taking longer than you expect and allow your legal team to pursue the best possible outcome on your behalf.
Examples of Truck Accident Injury Settlements
The average truck accident injury settlement amount can vary significantly depending on a variety of factors. When you reach out to our team for a free initial consultation, our attorneys do our best to evaluate your claim and give you an idea of what you may expect. This comes from our knowledge of car accident injury settlements and our experiences with previous clients.
- $1,500,000 for a client whose father passed after being hit by a semi.
- $400,000 for a client who sustained neck and back injuries and required aortic abdominal repair after being rear-ended by a semi-truck while in an Uber.
- $265,000 for a client who suffered multiple injuries and required a steel plate to be placed in his leg after getting into a 3-vehicle pileup involving a semi-truck.
- $250,000 for a client whose brother was killed after his vehicle was run off road by a semi-truck.
For more insight into settlements, check out our Results page.
Past results obtained on behalf of clients afford no guarantee of future results and every case is different and must be judged on its own merits.
DiPasquale Moore’s Team of Experienced Attorneys Is on Your Side
Navigating a semi-truck accident can be overwhelming especially if you are dealing with everything alone. We’re here to remind you that help is available if you’re willing to ask for it.
At DiPasquale Moore, our team of experienced attorneys are dedicated to helping victims of truck accidents. With over a century of combined experience, we understand the challenges that you may face and know how to tackle them with personalized legal representation. Whether conducting investigations or negotiating
If you’re facing the aftermath of a semi-truck accident, you don’t have to go through it alone. Get in touch with our team for a free consultation. Together we’ll work towards securing the compensation you need to move forward.