Truck Accidents

What factors affect the amount of a truck accident settlement?

Team Green Law will strive to reach the best resolution for truck accident cases through negotiations with the trucking company and insurance companies.

TGL Attorney

Collin Green

Truck accident settlemet process

What You Need to Know about Truck Accident Settlements

Truck accidents can result in significant physical, emotional, and financial burdens for those involved. The aftermath of a collision involving trucks can be catastrophic, leaving occupants of smaller passenger cars uncertain about their entitlement to compensation. To gain clarity on the truck accident settlement considerations, it’s essential to understand the various truck accident settlement factors influencing the demands your attorney may present and the corresponding offers that insurance companies might extend.

Team Green Law will strive to reach the best resolution for truck accident cases through negotiations with the trucking company and insurance companies. We will gather a comprehensive array of evidence, including digital data, driver history, company safety records, video data, witness statements, medical records, photographs depicting property damage and injuries, documentation of lost wages, and other relevant information and craft a thorough report summarizing the losses incurred.

Liability 

Determining liability is a cornerstone in evaluating a truck accident settlement. Identifying the party or parties at fault is crucial, as they bear the responsibility for compensating the injured party. In cases where multiple parties share fault, the truck accident settlement amount may be adjusted based on the percentage of liability attributed to each party.

Extent of Injuries

The severity of injuries sustained in a truck accident is a pivotal factor influencing the truck accident settlement negotiations. Beyond immediate physical tolls, considerations include medical expenses, pain and suffering, and long-term consequences. Thorough documentation is emphasized to substantiate claims related to injuries, ensuring a compelling case for maximum compensation.

Property Damage

Evaluating the extent of property damage is essential in determining a fair truck accident settlement. This involves obtaining repair estimates from reputable mechanical and body shops to accurately assess the cost of repairing or replacing damaged property.

Medical Expenses

Medical expenses, both current and future, are significant contributors to the truck accident settlement amount. The total cost of medical treatment, including hospital bills, surgeries, medication, rehabilitation, and ongoing healthcare, is meticulously evaluated to ensure that all aspects of the impact on health are considered.

Lost Income and Future Earnings

The financial repercussions of a truck accident extend to lost income and potential future earnings. These components are crucial considerations in calculating the truck accident settlement amount. Team Green Law takes a comprehensive approach to assess the economic impact on the injured party, striving for fair compensation for both immediate and long-term financial losses.

Negotiation Skills

The negotiation skills of Team Green Law’s seasoned trucking attorneys play a vital role in securing favorable settlement outcomes. Understanding the intricacies of truck accident settlements, our legal team employs effective negotiation strategies to advocate for our clients and maximize the compensation they deserve.

When To Contact a Truck Accident Settlement Lawyer

Navigating the complexities of a truck accident settlement requires a thorough understanding of the various factors that influence the outcome. Team Green Law’s commitment to gathering comprehensive evidence, evaluating liability, and employing effective negotiation skills ensures that clients receive fair compensation for the physical, emotional, and financial tolls of a truck accident.

Reach out to us today, and let’s talk about your truck accident case and journey to justice.

Team Green is a different kind of law firm. We’re not going to make you promises we can’t deliver on. This is our promise to you: ​​we will guide you through the legal process, working with you through straight talk and personal attention, and we’ll work for you with smart, aggressive representation to get the settlement or judgment you deserve. Other lawyers show their case results on their websites, but not only does that imply results they can’t guarantee — it’s against the Indiana Rules of Professional Conduct (Rule 7.1 [2] (2)).  But you should know that the results of one successful case does not tell us what will happen with you. We will work with you to set realistic expectations of the timeline and money that could be recovered for your unique case.