Whether you should accept a settlement for your truck accident depends on your situation. When evaluating a prospective settlement, some things to consider include:
- The type of injuries you’ve suffered
- Your prognosis
- Whether anyone passed away because of the truck accident
- Why the truck accident happened
- The outcomes of cases similar to yours
- Your portion of fault for the collision
When you partner with our injury team, we can explain whether an offer accounts for your past, present, and future damages.
What Losses Should Your Settlement Cover?
Our law firm assesses claimants’ losses on a case-by-case basis. We’ll meet with you and your doctors, identifying every loss that you’ve experienced. When deciding whether you should accept a settlement, we’ll consider:
Your Medical Expenses
Following your truck accident, you may require:
- Ambulance transportation
- Emergency room care
- Intensive care
- Follow-up doctors’ visits
- Extensive therapy
- Medical equipment, such as a wheelchair
You shouldn’t have to pay anything out of pocket for your necessary healthcare expenses.
Vehicle Repair Costs
A truck can total a passenger vehicle. You may need expensive repairs to get your vehicle in working order. It might even be totaled. In that case, a feasible settlement should account for your vehicle’s repair or replacement costs.
You may also pursue the cost of transportation, such as using rideshare services or public transportation.
Lost Income and Diminished Earning Power
You may miss work, causing you to lose income, bonuses, and promotional opportunities. If your symptoms are long-lasting, you may lose your ability to earn. A settlement should cover both lost wages and a long-term loss of earning power.
Recoverable non-economic damages in your case comprise:
- Loss of enjoyment of life
- Pain and suffering
- Loss of consortium
- Mental trauma
You may recover other losses than those listed here.
Wrongful Death-Related Losses
You may have lost a loved one to a truck accident. We’re deeply sorry for your loss. We believe that your settlement should account for each of your expenses, including the cost of:
- Your loved one’s funeral
- Your loved one’s healthcare expenses (such as life support or hospice)
- Your loved one’s pain and suffering
- Loss of consortium
- Your loved one’s lost income
This is not a complete list of recoverable damages.
There Are Risks in Accepting a Fast and Easy Settlement
A quick settlement may not be enough to cover your losses. Still, the insurance company may offer a low settlement hoping that:
- You’ll be enticed by the prospect of an easy recovery.
- You won’t have a lawyer who will aim for a higher settlement.
- You’ll be facing financial hardship and will be desperate to resolve your case.
- You don’t know what your damages are truly worth.
Once you’ve accepted a settlement, you cannot revisit the issue and request more money. The minute you sign a release of liability, your case ends.
Our Law Firm Can Work Toward a Fair Settlement Offer
The cost of your truck accident may be more than you first realize. Your current injury symptoms could worsen. You may miss more work than you anticipated. Many things can happen that may require more funds than you initially thought.
When you partner with our law firm, we will do everything possible to work toward a fair resolution. This includes:
- Having an in-depth discussion with your doctors. We want to understand everything about your condition, from your diagnosis to your estimated recovery period. This will help us understand your past, present, and anticipated healthcare costs.
- Examining your employment records. Now is the time to focus on your well-being––not stress about attending work. By reviewing your employment records, we can assess whether you can recover lost tips, bonuses, and benefits.
- Reviewing your case’s supporting evidence. We can’t send your demand letter without having documentation of your losses. We will use your injury-related receipts, billing statements, and invoices to support your claim.
- Consulting with field experts. We may examine your case alongside healthcare professionals and economists. These experts can lend insight into your projected care costs and other related factors.
We want to create a comprehensive list of your losses. That way, we can fight for what you’re owed––whether through an insurance claim or a lawsuit.
Call D. Miller & Associates, PLLC™ Today for a Free Case Evaluation
Miller & Associates, PLLC™ provides empathetic legal help to victims like you. Whether you’ve suffered injuries or lost a loved one, we’ll seek the recovery you deserve. Our team of attorneys will complete every step of your case.
Call D. Miller & Associates, PLLC™ today at 1 (855) PRO-LAWYERS for your free case evaluation. Call as soon as you can—we have a limited time to file your case.
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