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What Is the Value of My Truck Accident Claim?

Posted on behalf of Goldberg Finnegan, LLC on Oct 19, 2018 in Truck Accidents

value of truck accident claimVictims of truck accidents often wonder how much compensation they could recover in an insurance claim or personal injury lawsuit against the driver and others responsible for the crash.

This is very difficult to determine on your own, which is why you may want help from an experienced, knowledgeable truck accident lawyer in Silver Spring from Goldberg Finnegan.

Schedule a free, no obligation legal consultation today.  

Compensation for Truck Crash Victims

No two semi-accident claims have the same value. The possible value of a claim depends on a number of factors, including the extent of the damages you suffered, such as:

  • Total cost of past medical expenses
  • The anticipated cost of future medical expenses
  • Lost wages while you are recovering
  • Lost benefits
  • Estimated loss of future income
  • Property damage caused by the accident
  • Loss of earning capacity because of temporary or permanent disability
  • Physical and mental effects and limitations from the injuries
  • The extent of your pain and suffering

Medical costs involve more than just the emergency room visit. They can also include therapy, rehabilitation services, ambulance trips, prescription drugs and mileage to attend medical appointments.

Property damage can be difficult to determine. You may need a professional estimate to determine the cost to repair or replace your vehicle. Lost income can also be difficult to determine if you are not able to return to work or if you can only return to a lower-paying position.

The severity of your injuries and their impact on your life can also have a major effect on the value of your claim. The more severe your injuries are, the more likely your claim is to have a higher valuation than a claim involving less severe injuries.

Most personal injury victims underestimate the amount of damages that they have suffered, so it is important to discuss your claim with a knowledgeable truck accident attorney when making decisions about your case. An experienced attorney will know how to calculate the full value of your damages.

Settling a Truck Accident Claim

While most truck accident claims are resolved out of court, it is important not to settle too quickly. Insurance companies often try to quickly settle a claim before a victim has a chance to hire an experienced truck accident lawyer. Injury victims who settle quickly may receive a lot less compensation than they deserve.

It often takes time to determine the full extent of damages. The victim may have suffered injuries he or she was not immediately aware of. He or she may suffer psychological trauma because of the accident that gets worse over time. At first it might seem like surgery is not necessary, but this could change, causing the value of medical expenses to go up.  

Having experienced legal representation can help ensure that the full extent of your damages is taken into consideration. A knowledgeable truck accident lawyer can negotiate a fair settlement and help determine whether a settlement offer is in your best interest or if you should proceed with a truck accident lawsuit.

Contact a Truck Accident Lawyer for a Free Consultation

If you were hurt in a truck accident, it is important that you quickly take steps to protect your rights. The legal team at Goldberg Finnegan has years of experience maximizing compensation from responsible parties.

We offer a free, no-obligation consultation to discuss your legal options and evaluate your claim. We charge no upfront costs and work on a contingency fee basis, so you only pay us if we recover compensation for your claim.

Call us today at (888) 213-8140.  

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