If you are thinking, ”How much are most truck accident settlements?”, it’s probably not what you think. From our settlements, the average settlement for a truck wreck in FL ranges from $530,000 to $5,000,000.
Tractor-trailer crashes frequently involve much larger vehicles, which can also result in catastrophic injuries and life-changing damages. The amount that you will recover in an award or settlement for an accident depends on the severity of your injuries and the type of crash. Car Accident Lawyer is pleased to advocate for victims of Florida truck accidents across Tampa, Naples, Sarasota, Fort Myers, and more – guiding them through the legal process and aiding them in achieving a financial resolution they’re entitled to.
Key Takeaways
- The severity of the injury, lost earnings, and medical expenses, as well as liability, are factors that will affect a settlement figure.
- There are several possible defendants in an injury case of this type, including the truck driver, carrier, or shipper.
- Florida is a no-fault state, which will affect how much compensation you can get, especially for pain and suffering.
- By choosing to work with a seasoned Florida truck crash attorney, you significantly increase the chances of getting all feasible damages.
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What Is the Average Settlement Amount for Florida Truck Accidents?
Although many clients want to pin down a specific amount, the reality is that truck settlement amounts can differ significantly. In Florida, the customary range is $530,000 to $5,000,000. But the final resolution is contingent on several factors, including:
- The extent of your injuries
- Medical expenses (both present and future)
- The duration you can’t work
- The insurance coverage available
- If the trucking company (or driver) is determined to be at fault
Each case is unique, so it’s crucial to get the assistance of a lawyer who knows how to build your possible claim and negotiate with insurers for all that you are due.
What Will You Be Paid If an 18-Wheeler Strikes You?
When you are injured by an 18-wheeler in Florida, the possibility of recovering compensation for that injury will be based on the state’s no-fault laws as well as how serious your injuries are.
Under Florida’s no-fault insurance system:
- Medical expenses and 60% of wage losses are covered up to $10,000, though not exceeding 80%. Your PIP covers your own injuries.
- To receive compensation for pain and suffering, there must be proof of a permanent injury that is consistent with Florida law.
Given the severe kind of injuries that occur in 18-wheeler accidents, almost all victims will be able to get past the low auto PIP cap. The settlement amount for a semi truck accident is also an important issue, and most of the time it can be about seven hundred seventy-five thousand dollars. However, that does not mean in some cases the settlements are much larger than this, such as with wrongful death or life disability.
Who Can Be Held Responsible in Truck Accident Cases?
Truck accidents are frequently less straightforward than car accidents, as many parties may be at fault. Potentially liable parties include:
Truck Drivers
Drivers whose fatigue, distractions, drugs, or inattentiveness is the cause can be charged.
Trucking Companies
Employers are responsible if they don’t train drivers properly, impose dangerous schedules, or skip vehicle inspections.
Cargo Loading Companies
Misloaded freight can result in rollovers and jackknife accidents. In these situations, the loading company could bear responsibility.
Truck Manufacturers
If a defective truck part caused the crash, the manufacturer could also be held accountable.
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CALL US TODAY AT 844-970-4370
Factors That Impact Truck Accident Settlement Amounts
There are so many different factors that can determine the value of your case:
- Extent of Injuries – Catastrophic injuries, such as paralysis due to spinal cord injury or due to brain damage, dramatically increase the average settlement.
- Medical Expenses – Both current and future medical expenses are taken into account.
- Lost Income & Earning Capacity – If you can’t go back to your job, you may seek damages for any future financial loss.
- Insurance limits – Settlements are directly related to how much insurance is available.
- Strong Evidence of Negligence – That case where you have strong evidence that the trucking company or driver was at fault goes a long way.
Your accident is individual, and the specifics are what Car Accident Lawyer can help you to recover your loss.
Can a Semi-Truck Accident Settlement Calculator Help?
There are also settlement calculators online that can give you a general idea based on your medical expenses, loss of income, and severity of injury. But they are not equipped to handle every complexity of a big rig accident claim.
For instance, they may not account for multiple defendants, punitive damages, or long-term medical requirements. That is why a sophisticated truck accident lawyer’s legal evaluation is necessary to know the actual value of your case.
Why It’s Important to Hire a Truck Accident Lawyer
Insurance carriers frequently seek to mitigate payout in truck accident claims. They’ve got teams of adjusters and lawyers who are trying to protect their bottom line. If you don’t have a lawyer, there is a risk that the settlement offer will be much lower than it should be.
What a Florida truck accident lawyer will do:
- Research your situation and collect evidence
- Identify all liable parties
- Negotiate aggressively with insurance companies
- Sue if you have to, for the full measure of the damages
At Car Accident Lawyer, FL, we know how difficult it is to recover the losses following a serious truck accident. As you heal, our lawyers will battle to defend your rights and recover the highest possible settlement amount.
Conclusion
How much are most truck accident settlements? Truck wreck cases are complex, but a good attorney can help you recover the monetary compensation that your injuries and damages deserve.
Injured in a tractor-trailer wreck anywhere in Florida, like in Naples on the I-75 or anywhere else on other highways like the I-4 or 275 high way highway? Call the attorneys at Car Accident Lawyer today at 844-970-4370 to set up a free consultation.
Frequently Asked Questions
How Long Does it Take to Settle a Florida Truck Accident Case?
Now, in reality, very few truck accident settlements are obtained overnight. These cases usually settle somewhere between 3 months to a few years, just depending on various factors that make them longer or shorter and how the negotiations play out.
Can I sue the driver and the trucking company at the same time?
Yes. If both are partially at fault, you can sue both of them for full damages.
What compensation am I allowed to recover in a truck accident settlement?
You can recover for your medical bills, lost income, property damage, and pain and suffering (and future medical treatment).
Will I be limited in my truck accident settlement amount because of Florida’s law?”
PIP is limited to $10,000 in benefits, but actual injuries permit recovery of damages outside of no-fault, like pain and suffering.
What are the first steps I should take after a truck accident in Florida?
Get medical attention, report the accident, and collect evidence if you can, then call your truck accident attorney.