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Truck Accident Claims / 6.01.2023

What Is an Average Truck Accident Settlement?

What to Expect If You Are Injured in a Truck Accident

If you are involved in a trucking accident, one of the first questions you may have is how much your case is worth. The question can be challenging to answer since truck accident settlements depend on a number of factors, including the severity of your injuries, the cause of the accident, and whether or not you are represented by an attorney.

At Truck.Law, we represent truck accident victims nationwide. Our team of experienced lawyers can help determine whether you have a valid claim and how much you should ask for in damages. If you were injured in a truck accident, contact our office for a free, no-obligation consultation. 

What Is the Average Truck Accident Settlement?

According to data from the Federal Motor Carrier Safety Administration (FMCSA) and reported by HD Fleet, the average cost of a commercial trucking accident with one injury was $148,279. When more than one person is injured, or a person is killed, the cost is substantially higher. In most cases, it can exceed millions of dollars.

However, the average settlement of a truck accident can vary greatly depending on several factors, such as the geographical area where the collision occurred, property damage, and much more. Because there is no set standard for a truck accident settlement, it is important to discuss your case with an attorney as early as possible.

What Factors May Affect a Truck Accident Settlement?

Several factors may affect a truck accident settlement. The best way to determine how much your case is worth is to consult with a truck accident lawyer. A lawyer will review your case to determine how much you should ask for in damages.

Factors that may affect a truck accident settlement include:

  • Injuries: One of the primary considerations in determining how much your case is worth is the type and severity of your injuries. If you are seriously or permanently injured, you are likely entitled to more compensation than if you only suffered minor harm. To help strengthen your case, you need to seek medical attention immediately after the accident.
     
  • Liability: Liability is a critical component of any truck accident claim. In some states, a plaintiff that was even partially to blame for the accident may be barred from recovering damages. An attorney can help you understand your rights and whether your case may be impacted by contributory negligence.
  • Vehicle and property damage: A car accident victim is entitled to compensation for any vehicle or property damage that they sustained in the accident.
  • Employment: In addition to reimbursement for medical bills and property damage, an injury victim is able to file a claim for lost wages and the loss of future earning capacity. The amount you receive will depend on your job and your expected future income.
  • Lifestyle: If your injuries affected your ability to engage in your normal daily activities, you may have a claim for additional damages such as loss of consortium, loss of enjoyment of life, and more.

Another important factor to consider when determining the value of your truck accident claim is whether you retained an attorney. Unrepresented injury victims often end up settling their claims for significantly less than their cases are worth.

Injured in a Truck Accident? Contact Our Office.

Were you or a loved one injured in a trucking accident? Our lawyers can help ensure that you get the compensation you need and deserve after an accident. There are never any fees unless we win your case. Contact our office now for a free consultation. 

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Contact Our Truck Accident Lawyers

At Truck.Law™, we are dedicated to helping victims of trucking negligence and their attorneys obtain the full compensation they deserve. Contact us today for a free consultation and let us fight for your rights on the road. We also welcome other attorneys to get in touch with us to learn how we can help resource you in your truck accident cases. We take cases nationwide.

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904-323-4466
Orlando
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Orlando
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Orlando
(407) 990-1900
5950 Lakehurst Dr. 270
Orlando, FL 32819
Jacksonville
(904) 323-4466
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Jacksonville
FL 32202
Jacksonville
(904) 323-4466
136 E. Bay St.
Jacksonville, FL 32202
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