Determining Your Worth In A Truck Accident Settlement

If you were involved in an accident with a semi-truck, you have probably suffered significant injuries, are in need of car repairs, have medical bills to pay, and have been kept away from work. With all these costs looming over you, you’re probably anxious to get your truck accident settlement quickly, but if you aren’t sure exactly what your settlement will cover or how much you can expect it to be, check out our guide below to learn more about how a truck accident settlement is determined.

Determining a Truck Accident Settlement

No two accidents are the same. Some cause minor property damage, some total vehicles, and some injure or kill other passengers and drivers involved. Truck accident settlements are as varied as the accidents themselves, so the amount they’re worth depends on the factors surrounding the wreck. Things like how much damage was caused, what injuries were suffered, and how the other parties are affected are all taken into consideration. If you have been involved in a truck wreck, the following factors will be examined when determining how much your truck accident settlement should be worth:

  • Medical bills and expenses you’ve incurred. If you were transported via ambulance, taken to the emergency room, or treated by a physician or hospital, these costs will be included in your settlement. Any medications you need for your recovery can also be included.
  • Medical bills and expenses you expect in the future. If you were seriously or permanently injured, your medical bills may continue throughout your life. Costs for rehabilitative therapy, at-home nursing care, and the regular prescriptions you’re going to need can all be included in your truck accident settlement.
  • Income you’ve lost as a result of your injury. If your injuries have caused you to miss work, even if only for a few hours, this lost income can be accounted for in your settlement.
  • Income you will lose in the future. If your injuries are permanent or have rendered you unable to work or perform your duties as before, future lost income can also be included in judgment.
  • Property damage you’ve suffered. The damage to your car or other property, as well as the costs to repair these damages, can all be included in your settlement. You may also be able to include rental car costs while your vehicle is in the shop.
  • Pain, suffering, and mental anguish you’ve endured. If the accident has caused you pain, emotional harm, or other psychological suffering, these may be quantified and integrated into your settlement. In the event that the accident or subsequent injuries have decreased your quality of life, these may also be considered.
  • Loss of a loved one. If a truck accident caused the death of someone you love, you will be due compensation for funeral and burial expenses, and you could also be owed funds for the income, benefits, and household services that you and your family will lose as a result of their death.
  • Get Your Truck Accident Settlement Estimate Today. Injury settlements are difficult to estimate, as they involve both measurable and immeasurable factors. The car repairs and medical costs you’ve incurred are easily measurable and can be tracked in bills, receipts, and other documentation, but pain, suffering, and decreased quality of life are less tangible and therefore more difficult to attach a monetary value to.

If you were involved in a semi accident in Central Texas, give the truck accident attorneys at The Law Offices of Pat Maloney a call today. Call us at (210) 934-6609 or fill out our online form. Our law firm offers free consultations.