Compared to regular motor vehicles, commercial trucks are larger and heavier. Even for an average accident, it is expected that the damages could be severe. Regular-sized automobiles do not stand a chance when they collide with a truck. Even when the accidents take place at slow speeds, the damages and injuries can be devastating to the victim. To find out how much you can expect to receive from an average accident settlement case, here’s what you need to know.
1. Medical Expenses
The total cost of medical expenses is a crucial factor when it comes to determining the amount of compensation after a truck accident. More often than not, injuries from the truck accident are usually life-threatening and severe. In case you had a higher medical bill, it means that the damages were severe on your part. With that in mind, there isn’t a template for pricing when it comes to medical bill compensation. You can expect a reasonable settlement if you followed the right procedure and worked with an attorney.
2. Lost Wages
Since truck accident cases are complicated and cause severe damages, victims often miss work due to injuries sustained after the accident. Depending on where you work, you may never return until you have fully recovered. What’s worse, your employer will work out the number of hours you missed as a result of the accident. Your attorney will consider such lost wages when it comes to calculating the settlement amount.
3. Vehicle Damage
When a regular size vehicle and a tractor-trailer collide, the small-sized vehicle will most definitely be totaled. When your car is damaged in an accident, insurance will take care of the repairs. In the case of a totaled vehicle, you are likely to obtain a blue book value during the settlement. Therefore given the variation in vehicle models, some people will be compensated less than others, depending on the value of the damaged automobile.
4. Pain and Suffering
This kind of compensation is somewhat difficult to determine. There is so much to take into account including the damages suffered and the injuries sustained. If you are the family’s caretaker, your attorney will consider how your injuries affected the lives of those you support. After all the evidence has been compiled, they’ll include the amount under pain and suffering. These amounts are usually fought the hardest by insurance companies because they are always difficult to determine compared to other charges.
5. Attorney’s Fee
The attorney’s fee is something you’ll want to consider when it comes to truck accident cases. In most situations, the attorney will have represented you on a contingency fee, meaning their pay will be a fraction of your total compensation. In that regard, it is important to note that the total amount you are going to get as compensation will be a less your attorney’s fee.
When it comes to issues of compensation, it’s imperative to seek the services of an experienced attorney to see you through the legal processes. To avoid any complications, get quality legal solutions from Keller and Keller.