What’s the average truck accident settlement?

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Every truck accident case is different, and achieving a successful settlement hinges on a tailored, meticulous approach to your legal strategy. Let DWK Law guide you through this process, ensuring your strategy is as unique as your case and that you aim for the most favorable outcome possible. Call our Orlando truck accident lawyers at (407) 244-3000 today.

Factors influencing truck accident settlements

Severity of injuries

The nature and extent of injuries sustained in the truck accident heavily influence the settlement amount. Severe injuries that require extensive medical treatment, result in permanent disability, or lead to significant loss of income typically warrant higher compensation.

Medical costs

The settlement should include all current and anticipated future medical expenses related to the truck accident. This includes hospital bills, costs for surgical procedures, medications, physical therapy, and any long-term care needs.

Lost wages and earning capacity

If the injury impacts your ability to work, either temporarily or permanently, compensation can include lost wages and loss of future earning capacity.

Pain and suffering

Non-economic damages such as pain and suffering are also considered. These damages compensate for the physical pain and emotional distress suffered due to the accident.

Liability and negligence

Florida follows a comparative negligence rule, which can adjust the settlement based on the degree of fault of each party involved. Your settlement could be reduced proportionally if you are found partially at fault. Depending on when the action is filed, if you are found to be more than 50% at fault, you may be completely barred from recovery.  

Average truck accident settlements

Given the variables involved, no one-size-fits-all “average” settlement figure exists. Settlements can range from tens of thousands of dollars for less severe incidents to millions of dollars for cases involving catastrophic injuries or death. For instance, a minor injury with temporary effects might settle for less, while a severe injury resulting in lifelong disability could secure a settlement in the upper six or seven figures.

The role of DWK Law

Working with a reputable firm like DWK Law can significantly influence the outcome of a truck accident settlement. DWK Law’s experienced attorneys are well-versed in navigating the complexities of truck accident claims in Florida, ensuring that every possible damage is accounted for and aggressively pursued. Their expertise includes:

  • Thorough Investigation: We gather all necessary evidence to build a strong case, including accident scene analysis, driver logs, truck maintenance records, and eyewitness statements.
  • Expert Testimony: We hire medical and economic experts to substantiate the extent of injuries and financial losses.
  • Skilled Negotiation: We leverage our negotiation skills to deal with trucking companies and insurance providers, aiming for a settlement that fully compensates for your losses.

We’re here to help you get every dollar of what you deserve

While it’s challenging to pinpoint an “average truck accident settlement” due to the diversity of circumstances involved in each case, being well-informed and represented by skilled attorneys like those at DWK Law can ensure that your settlement reflects the full extent of your losses. Remember, each truck accident case is unique, and the key to a successful settlement lies in a meticulous, personalized approach to your legal strategy.

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