Truck Accident Settlements and Verdicts

What is the Average Truck Accident Settlements and Verdicts?

Truck accidents often involve multiple parties, extensive damage, and severe injuries, making them complicated cases. Determining the average truck accident settlement amount is not a straightforward task, as every case is unique and the settlement amount can vary widely. Factors such as the extent of injuries, the level of negligence involved, the amount of damage to property, and the insurance coverage of the parties involved all play a significant role in calculating the settlement.

Seeking legal guidance from experienced truck accident attorneys from The Barnes Firm is important when ensuring that injured parties receive the fair compensation they deserve. If you or a loved one has been involved in a truck accident, contact The Barnes Firm for a free consultation to explore your legal options and pursue the justice and compensation you deserve.

What Is A Truck Accident Settlement?

A truck accident settlement compensates an individual injured in a truck accident due to someone else’s negligence. Negotiations between the injured party and the at-fault party’s insurance company usually reach this settlement, which covers the injured person’s losses and expenses resulting from the accident.

Truck accidents can lead to devastating consequences, including severe injuries, long-term disabilities, extensive medical bills, and lost income. The settlement aims to provide financial relief for these losses and to help the injured person recover and rebuild their life.

Sometimes, insurance companies will make quick settlement offers before you retain a lawyer. Never accept anything without the right legal advice, as it can be much less than you deserve. With legal help, you can determine the full value of your claim and fight for complete compensation.

Truck Accident Settlements & Examples

The Barnes Firm understands the profound impact truck accidents have on victims and their families. In this overview, we present a list of truck accident settlement examples from our successful cases, illustrating the range and depth of compensation achieved. These examples highlight our commitment to advocating for our clients’ rights and securing the financial support they deserve.

• $3,500,000.00 – Client sustained shoulder, elbow, hand, and head injuries after being struck by a truck.
• $1,600,000.00 – Client struck by truck, sustaining head, neck, shoulder, and foot injuries.
• $1,500,000.00 – Client was sideswiped by a tractor trailer – sustaining serious back injuries.
• $1,500,000.00 – Client was rear-ended by a UPS truck while stopped at a red light – sustaining neck, back, knee and shoulder injuries.
• $1,430,000.00 – Client rear-ended by commercial vehicle resulting in severe back and shoulder injuries.
• $1,250,000.00 – Truck made a U-turn into our client’s vehicle causing back, neck, and arm injuries.
• $1,115,000.00 – Client sustained head, elbow, neck, and back injuries after truck accident.
• $1,000,000.00 – Client was rear-ended by truck causing back and shoulder injuries.
• $996,293.26 – Client was rear-ended by a box truck resulting in spinal injuries.
• $950,000.00 – Client struck by truck resulting in neck, head, back, finger, and shoulder injuries.
• $910,000.00 – Client stuck from behind causing neck, back, knee, and hand injuries.
• $900,000.00 – Truck rear-ended the client, resulting in injuries to their neck, back, and head.
• $900,000.00 – Client sustained back, neck, and head injuries following an accident involving a FedEx truck.
• $825,000.00 – Truck struck client causing neck, shoulder, and leg injuries.
• $750,000.00 – Truck read-ended client causing spine and rib injuries.
• $750,000.00 – Client was rear-ended by a semi truck causing neck, back, and shoulder injuries.
• $725,000.00 – Truck hit client’s vehicle resulting in headaches, neck, shoulder, back, hip, knee, chest and abdominal injuries.
• $700,000.00 – Client struck by landscaping truck injuries to clients rib, ankle, foot, and toes.
• $700,000.00 – Tractor trailer read-ended client causing spine, head, rib, shoulder, and knee injuries.
• $700,000.00 – Client was struck when stopped at a red light causing headaches, neck, shoulder, spine, arm, and back injuries.
• $700,000.00 – Client rear-ended by tractor trailer – sustaining severe whiplash, neck and hand injuries.
• $525,000.00 – Box truck rear-ended client resulting in serious spinal cord injuries.
• $499,640.35 – Client was hit head-on by a truck – sustaining back injuries.
• $450,000.00 – Client hit by dump truck, resulting in back, neck, leg, and shoulder injuries.
• $350,000.00 – Client struck by construction vehicle – sustaining neck and back injuries.

Disclaimer: each case is unique, and past results do not guarantee or predict future outcomes. Settlement amounts can vary based on individual circumstances and legal factors (Read more on How Truck Accident Settlement Amounts Are Determined).

Truck Accidents Can be High-Value Cases

Truck accidents are often more severe than regular car accidents due to the size and weight of commercial trucks. As a result, truck accident settlements tend to be higher compared to settlements for other types of motor vehicle accidents.

The increased severity of injuries and damages in truck accidents can lead to higher medical expenses, rehabilitation costs, and long-term care needs. Additionally, truck accidents can result in significant property damage, including damage to other vehicles and structures. All of these factors contribute to the higher value of truck accident settlements.

Type of Truck Accident Injuries

• Neck Injuries: Generally associated with settlements ranging from $210,000 to $900,000.
• Shoulder Injuries: Higher average settlements when combined with other injuries, reaching up to $1,500,000.
• Head Injuries: Can result in settlements up to $3,500,000, especially when combined with other severe injuries.
• Multiple Injuries: Cases with multiple injuries tend to have higher settlements.

The data presented above is based on real cases and personal injury settlement amounts within the specified date range. The average semi-truck accident settlement amount should not be seen as a standard or expected payout for every case. Each truck accident case is unique, and compensation will vary depending on various factors.

How Truck Accident Settlement Amounts Are Determined

Several factors come into play when determining the amount of a truck accident settlement. These factors are taken into consideration during the negotiation process between the injured party and the at-fault party’s insurance company or legal representation. You need a truck accident lawyer calculating the full extent of your losses.

Severity of Injuries

The severity of injuries sustained in a truck accident is a crucial factor in determining the settlement amount. The more severe the injuries, the higher the potential settlement amount. Injuries such as spinal cord injuries, traumatic brain injuries, multiple fractures, and permanent disabilities often lead to higher settlements to compensate for ongoing medical treatments, rehabilitation, and future care needs.

Calculating All Past and Future Losses

Truck accident settlements aim to compensate the injured party for both their past and future losses resulting from the accident. This includes not only medical bills and lost income but also non-economic damages such as pain and suffering. To determine the fair settlement amount, it is essential to calculate all past and future losses accurately.

Medical Bills

Medical bills are a significant component of truck accident settlements. These include expenses for emergency medical treatment, hospital stays, surgeries, diagnostic tests, medications, physical therapy, and rehabilitation. It is crucial to gather all medical records and bills to accurately calculate the total medical expenses incurred due to the accident.

Lost Income

Truck accidents can result in significant lost wages and future earning potential due to the inability to work during recovery or long-term disabilities caused by the accident. The settlement should take into account both the past lost income and the projected future earning capacity of the injured party.

Pain and Suffering

Pain and suffering, both physical and emotional, constitute non-economic damages and play an essential role in truck accident settlements. These damages compensate the injured party for the pain, trauma, and emotional distress caused by the accident and its aftermath. Calculating pain and suffering is subjective and requires the experience of experienced truck accident attorneys.

Negotiating for a Fair Settlement

Negotiating a fair truck accident settlement can be a challenging process. Insurance companies are often reluctant to pay out large settlements and may try to minimize the value of the claim. Injured parties should have knowledgeable and experienced legal representation throughout the negotiation process to ensure they receive the compensation they deserve.

Truck accident attorneys know how to present strong insurance claims and advocate for their clients’ rights. They can gather evidence, engage in settlement negotiations, and, if necessary, pursue litigation to secure fair compensation. By working with a skilled truck accident attorney, injured parties can level the playing field and increase their chances of reaching a favorable settlement.

Contact a Truck Accident Lawyer to Get the Compensation You Deserve

If you or a loved one has been involved in a truck accident, seeking legal representation is essential to protect your rights and pursue the compensation you deserve. The Barnes Firm has a team of experienced truck accident attorneys who understand the intricacies of these cases and are committed to fighting for justice on behalf of their clients.

Contact The Barnes Firm for a free consultation to learn about your legal options and the best course of action. Our attorneys will review your accident, gather evidence, calculate losses, and negotiate with insurance for a fair settlement. Call The Barnes Firm at (800) 800-0000 today to start pursuing the justice and compensation you deserve for your truck accident.

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Richard Barnes – President of The Barnes Firm

Richard Barnes: “As President of The Barnes Firm, I have dedicated my career to achieving justice in hundreds of cases for the victims of injuries caused through the fault of others. Additionally, I have been honored to have been elected Best Lawyer and a Super Lawyer”

Years of Experience: 30+ years
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