If you have been injured in an accident involving a large truck, you may be thinking about pursuing a personal injury claim to obtain financial compensation. If so, it is natural to wonder “How much is my truck accident case worth?”
Every Accident Is Different
Every accident is different. They can occur under a variety of circumstances with a wide range of possible damages. For this reason, it is difficult to predict the ultimate value of a truck accident case. How much an accident may be worth depends upon many factors, including:
- Legal Liability – Do the facts of the incident support a claim of liability against the owner and/or operator of the truck?
- Insurance Coverage – The amount you may recover for your injuries may be limited by the maximum insurance coverage available on the truck in question.
- Medical Bills – Accidents resulting in higher medical bills may lead to greater compensation for the victim, provided the treatment is reasonable and necessary.
- Lost Wages – If a plaintiff is unable to work because of injuries sustained in the accident, his or her lost wages may be reflected in the amount that may be recovered financially.
- Permanency – Permanent injuries – which are far more likely in an accident with a large truck – could result in a larger settlement or verdict than temporary ones.
Some of these factors, including insurance coverage, may be complicated by how a truck was being used at the time of the accident. Most large trucks and semi-trailers are “commercial vehicles.” They are typically owned by a company and/or used for business purposes, such as the transportation of goods.
In addition to the driver and the driver’s employer, there may be other parties involved in an accident with a commercial truck. In most cases, the transport company has likely been hired by another company to carry its goods, and even that company could have been contracted by yet another company. It is necessary to identify and pursue all the parties who are potentially responsible within the time limited by law because failure to do so could forever bar an injured plaintiff from receiving full and fair compensation.
All of the above factors need to be taken into account in order to calculate the value of a truck accident. Ultimately, it is a matter of “Before and After”: What was the plaintiff’s degree of well-being before the accident, and what was it after? To assess this accurately, an injured party first needs to complete medical treatment or reach maximum medical improvement.
Keeping this in mind, you should not trust attorneys who promise to obtain a specific dollar amount, you should not take what friends and family tell you at face value, and you definitely should not believe everything you read on the internet. What a truck accident is worth depends upon the specific facts of your case, and all cases are different.
Obtaining the True Value of a Truck Accident Case
While every case is different, obtaining the true value of a truck accident case requires you to convey the full extent of your damages and present your claim as compellingly as possible. For this reason, injured victims often find it useful to have a dedicated attorney on their side who can help them achieve the best possible outcome, like the truck accident attorneys at GWC Injury Lawyers LLC.
With over $2 billion recovered in verdicts and settlements, GWC is one of the premier Personal Injury and Workers’ Compensation law firms in Illinois. Our truck accident attorneys have the experience, the determination, the resources, and the reputation necessary to get you and your family the justice you deserve.
To schedule a free, no-obligation consultation with a truck accident attorney, contact GWC today. You may call our office at (312) 464-1234 or << BACK TO BLOG POSTS