The value of how much your truck accident settlement is worth will be based on where fault is assigned, in what degree fault is assigned, and on a careful calculation of the following accident-related expenses:
- The current value of your damaged or totaled car
- The cost of your existing and future medical bills
- The value of the income you would have earned at work
- The cost of your physical and emotional pain and suffering
- Financial compensation for physical disfigurement or permanent disabilities
How Comparative Negligence Can Affect Your Claim for Compensation
If you were injured in a truck accident, you can potentially pursue the truck driver, his employer, or the manufacturer of his truck for financial compensation to cover the expenses of the accident. In some cases, your claim for compensation could be affected by the way fault is assigned in the case.
According to Ohio Revised Code 2315.33, if you are found to hold partial liability for the accident, any financial compensation you receive will be decreased accordingly. For example, if a judge in a personal injury lawsuit finds that you hold 10% responsibility for the cause of the accident, the amount of money awarded to you will be decreased by 10%.
A lawyer in your area can help you gather documents, witness statements, and evidence you can use to prove the truck driver was at fault for colliding with your car. Building a case that proves the other party was at fault can also help prevent any financial compensation you are entitled to from being diminished. A law firm can guide you through a case review and can answer further questions on how to properly value your claim.
For a free legal consultation, call (614) 538-1116
How the Settlement Process Works in a Truck Accident Case
Many car, truck, and other personal injury cases end with an agreed-upon financial settlement between the two parties. If you agree to accept a settlement offer for the accident expenses, you will also agree to give up your right to seek further compensation through a lawsuit.
In settlement negotiations, a lawyer might help you calculate the total value of the accident, including your injuries, property damage, and mental anguish. Once that calculation is made and liability is assigned, the at-fault driver or their insurance company might offer you a specific amount of money that saves both sides the time and stress of a court trial.
While a lawyer might guide you through the negotiation process, the decision to settle a case without a trial or continue to trial is always yours to make. Consider any settlement offer you receive very carefully because accepting a settlement that is too small could mean you might be left with out-of-pocket expenses from an accident that was not your fault.
Do Not Allow Time to Run Out on Your Personal Injury Case
Assigning liability for the truck accident you were involved in and making an insurance claim or filing a personal injury lawsuit are time-consuming tasks. In Ohio, the statute of limitations for bodily injury or injury to personal property is generally two years from the date of the collision. That means you should start building your claim as soon as possible after the accident occurs.
You are not alone in your fight for financial compensation. While you focus on physical and emotional healing, a lawyer in your area can focus on the complexities of your case.
Knowing how much your truck accident settlement is worth is only one step on the road to financial compensation. A lawyer in your area can help you navigate the process of calculating how much your truck accident settlement is worth, preparing your case, negotiating an insurance settlement, and meeting your state’s time restrictions.
Get Personalized Care for Your Truck Accident Case
If you or a family member were injured in a truck accident, you can collect compensation from the at-fault driver. We do not take a cookie-cutter approach to our clients or their needs. Your truck accident case is unique and the calculation of your expenses will be unique as well.
David Bressman has been serving personal injury clients for more than 30 years. Find out how the Bressman Law team can guide you through the process of evaluating your expenses and knowing how much your truck accident settlement is worth. Call Bressman Law at (614) 538-1116 to speak to a member of our intake team today. The initial consultation is free, and there is no risk when working with us.