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What is the Average Settlement for a Semi-Truck Accident?

If you have been involved in a semi-truck accident, you have most likely suffered a variety of damages and possibly, serious injuries.

Semis are much larger than the traditional passenger vehicle. The added weight and size can be devastating when the vehicle hits a smaller car or pickup truck.

The Federal Motor Carriers Safety Administration reports that the fatality rate per vehicle mile traveled is significantly higher for large trucks than the figure is for all other vehicles traveling on the highways combined. The rate is 50% higher for the larger trucks. And, as the vehicle size increases, so does the costs of the accident.

Determining the Value of a Semi-Truck

Of course, all personal injury claims are handled on a case by case basis. Different crashes will be worth different settlement amounts. However, the Federal Motor Carriers Safety Administration has indicated that the size of the truck often plays a role in the value of the claim.

A larger truck will usually result in more damages and thus, will lead to a larger settlement or judgment. The additional size and weight of a truck can significantly impact the outcome of a trucking crash.

Damages that May Result from a Semi-Truck Accident

  1. Medical expenses
  2. Future medical expenses
  3. Lost wages
  4. Future loss of earnings
  5. Pain and suffering
  6. Property damages
  7. Permanent scarring and disfigurement
  8. Long-term disabilities
  9. Loss of enjoyment of life
  10. Loss of consortium
  11. Emotional distress and mental trauma

Which Damages You Suffered

You and your personal injury attorney will sit down and determine which damages you suffered because of the semi-truck crash.

Of course, more serious injuries will lead to higher settlement amounts because of the added medical expenses and the extended time off work. For example, a broken leg will require more time away from work than whiplash and a traumatic brain injury will require more time off work than a broken arm.

Documentation plays a major role in the outcome of your case, so maintain thorough records, including the accident report, copies of medical bills and medical records, documentation showing lost wages and missed work, and repair estimates for your vehicle.

You should also keep statements from any witnesses and keep photos of your damaged vehicle and the accident scene. Use your smartphone to take these photos.

What is the Average Settlement for a Semi-Truck Accident?

Consult with a Personal Injury Attorney

Big trucking companies have commercial insurance policies, which have a higher value because they are aware of the additional damages that could result. Those larger trucking firms are also going to have experienced legal representation.

Don’t try to settle your personal injury claim for a semi-truck accident on your own. Complete the Free Case Evaluation Form and have your case reviewed by an experienced personal injury lawyer who understands the average settlement for a semi-truck accident.

An attorney will review all the details of your case and determine the best way to proceed with your personal injury claim against the semi-truck company.

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