There is no average settlement for a Texas truck accident because every accident and case is different. However, there are some things you can do to ensure that you are getting the highest settlement possible. We’ll go over these actions as well as the factors that affect your settlement amount.
Our Texas truck accident attorneys explain the factors that determine a truck accident settlement and how a lawyer can help you with your case. At the Buzbee Law Firm, we work hard to get our clients the best possible settlement. If you were injured in a Texas truck accident, we understand your pain, and we are here to help.
Factors That Determine Your Settlement Amount
There are some key factors that can dictate your settlement for a truck accident. The amount of the settlement you receive for your truck accident case depends on:
- Number of parties involved
- Amount of damages
- Severity of injuries
Truck accidents often have numerous parties involved that you can seek compensation from. These can include the driver of the truck, trucking company, cargo loading company, truck mechanic, and the manufacturer of the truck. If one or more of these parties are liable, your settlement amount is likely to be higher.
The amount of damages and the severity of your injuries also play a role in determining your settlement. Typically, more severe injuries tend to result in a higher settlement amount. A Texas truck accident lawyer can help you determine any additional factors that may affect your settlement.
Damages Available in a Texas Truck Accident Case
Damages in a truck case can vary depending on the negligent actions of the parties involved and how severe your injuries are. Some of the most common damages in Texas truck accidents that you may be eligible for include:
- Current and future medical bills
- Medical transportation costs
- Lost wages
- Loss of future wages
- Funeral and burial expenses
- Pain and suffering
- Loss of consortium
- Permanent scarring or disability
- Punitive damages
A Texas truck accident attorney can help identify all the damages your case is eligible for. With their experience, they can even uncover the damages that the trucking company doesn’t want you to know about, which may lead to a higher than average settlement.
How Filing on Time Affects Your Truck Accident Settlement Amount
When you file your claim for your Texas truck accident can have a significant impact on your settlement amount. In the state of Texas, the statute of limitations states that you have two years to file a claim against the negligent parties. If you file your claim after the deadline, you risk not receiving your full settlement or any settlement at all.
It’s best to file your claim early, and within two years, so that you have the best chance of getting the highest compensation. In addition, filing early also gives you and your lawyer more time to gather evidence to build a strong truck accident case.
While the statute of limitations is two years, the time you have to file may vary based on your case. The only way to know exactly how long you have to file is to meet with a truck accident lawyer.
How Hiring an Attorney Can Benefit Your Case
Attorneys specialize in negotiating, which is an essential part of a truck accident case, especially with the insurance company. A truck accident lawyer can help you negotiate with the insurance company for a higher settlement while fending off their deceptive tactics that try to push you to accept a below-average settlement offer.
A Texas truck accident lawyer can also take your case to court if necessary. Having an attorney that has the experience to take your case to trial can greatly increase the size of your settlement. This is because, in court, you and your lawyer will have more time to prove your case to a judge or jury that could decide in favor.
One of the biggest benefits of hiring a truck accident attorney is that they can review your case in a free case consultation. This will allow them to examine the details of your case and identify the damages that your case qualifies for. Then, you and your attorney can work together to build your case.
Get a Settlement Estimate From the Buzbee Law Firm Today
Determining the amount of your settlement in a Texas truck accident is an essential part of the legal process. Your truck accident settlement is important, so our attorneys at the Buzbee Law Firm prefer not to give you an average settlement amount for a truck accident.
Instead, we can give you an estimate of your settlement in a free consultation based on your specific case. Give us a call or fill out the form on our contact page on our website to start your free consultation today.