Trucking Accident Insurance Settlements
Motor vehicle accidents are traumatic events that often inflict injuries and reverberate throughout a survivor’s life. However, truck accidents tend to be much worse due to the sheer size and weight of these commercial vehicles, which present a much greater chance for severe injuries from which survivors cannot ever fully recover. As such, compensation is generally much higher to account for the lifetime of medical treatments and services they will likely always need. Unfortunately, insurance companies are not interested in compensating you appropriately for your injuries and will do whatever it takes to ensure they pay as little as possible.
Why You Should Never Accept an Initial Offer
Oftentimes, the at-fault party’s insurance company will reach out to make an initial offer soon after the accident. This is not because they are eager to pay you, but because they do not want you to have time to consider the value of your claim. It takes time to know the full extent of your injuries and whether or not you are expected to achieve a full recovery. By reaching out to you early on and proposing an offer, they are hoping that you will forego hiring an attorney and learning what your case is truly worth.
The problem with accepting a first offer is that it is almost always too low to even begin to cover the expenses you will face as a result of the accident. Once you accept the offer, you cannot reopen your case when you learn that what you accepted is simply not enough. Instead of considering this first offer, you should consult with a truck accident attorney to estimate the value of your case and investigate the accident to determine if more than one party might be at fault, which is not uncommon in truck accident cases.
Costs You Should Consider
A first offer might seem reasonable if you are only considering your costs at the present time, but severe injuries will continue to incur costs. You might not be able to return to work, or you might continue to require long-term treatment. Here are some future expenses you should keep in mind:
- Hospital expenses
- Physical therapy
- Medical treatment
- At-home care
- Loss of income
Additionally, severe injuries often alter one’s quality of life, which should also be taken into account when negotiating a settlement.
TRUCK ACCIDENT ATTORNEY IN OCEANSIDE
If you were involved in a trucking accident and sustained serious injuries, now is the time to hire the legal representation you need to deal with the insurance companies and help you obtain the compensation you deserve. At the Levinson Law Group (personal injury law firm), we can provide you with top legal representation, so you can stay focused on recovering from your injuries.
Contact our office today at (760) 642-5475 to schedule a free consultation with a knowledgeable member of our legal team.