Truck accident settlements are monetary awards granted to those who have been injured, as well as those who have lost a loved one, in a trucking collision caused by another's negligence or recklessness. In order to reach maximum recovery, it is crucial to have an experienced truck accident lawyer fighting on your behalf.
For more information, consult a truck crash lawyer today. During an initial consultation, a truck accident lawyer will explain your legal rights, thoroughly evaluate your case, and advise you regarding the best way to proceed.
How Settlement Awards Are Calculated
Settlements for truck accident injuries will vary from case to case, depending on factors including (but not limited to):
- The nature and severity of a victim's injuries (Higher settlements are usually granted to those who have sustained more serious injuries, such as permanent disability.)
- Whether anyone sustained a wrongful death as a result of the accident
- Whether the negligent party has a history of causing injurious vehicle accidents
- The costs of medical bills and property damage victims have already had to pay
- The estimated costs of future medical treatments and, in some cases, future lost wages
In the event of a wrongful death, settlements granted to grieving families may also include funeral and burial costs, as well as the financial support the family has lost as a result of their loved one's death.
Past Settlements for Truck Accident Injuries
A "Jury Verdict Research Study" conducted and published in 2007 reported that the average settlement awarded for truck accident cases filed over the past decade was between $94,000 and $1 million. Here are some recent verdicts in truck accident lawsuits filed throughout the U.S.:
- In November 2009, a widower was awarded $5.1 million as a result of losing his wife in a truck accident that was ruled to be caused by the driver's failure to obey traffic laws.
- In July 2008, a jury awarded a family $7 million as a result of two of their loved ones being killed in a trucking accident caused by a truck driver's distraction and inexperience.
- In March 2008, $20.2 million was awarded to three families who each lost a teenage child after a tired and distracted truck driver, who was speeding at the time of the accident, slammed into the teens' car.
If you've been harmed in a truck crash and you would like to see if you qualify to recover a settlement for your damages, contact a truck crash lawyer today.