Personal injury victim reading a settlement offer from an insurance company

Should I Take a Trucking Company’s Settlement After an Accident?

If you or a loved one has been involved in an accident with a commercial truck, it is essential to know all the facts about settlements before accepting a lump sum from the insurance company. Trucking companies are designed to make money, and if they find out they can settle quickly, they will try — even if that means paying significantly less than you may be entitled to.

Trucking Accident Basics

Drivers should never accept an insurance company's initial offer, as it is almost always lower than what is owed. Additionally, any money obtained from the offer may void potential further damages or settlement amounts than what the company initially offered.

Accidents occur quickly, and most commercial drivers and companies carry among the highest liability limits imaginable. It helps to obtain rapid advice and representation if you are involved in a trucking accident.

Your Legal Rights as a Driver

Legal rights for drivers in a trucking accident case include the right to seek compensation for all damages, such as medical costs and lost wages. In many jurisdictions, victims also can pursue punitive damages if gross negligence or intentional harm is determined to be at play.

How to Negotiate a Fair Settlement with the Trucking Company

In these conversations, it is essential to establish boundaries from the start and remain firm on your position. Prepare to enter long talks and be open-minded toward different offers. Also, know when to seek reasonable legal assistance if the trucking company does not agree to a settlement fully covering damages or medical bills.

When to Consult an Attorney for Maximum Compensation

Dealing with insurance and other companies after a truck accident can be overwhelming, and the initial settlement offer from insurance may not stretch far enough to cover the serious damages and losses incurred. That's why consulting with an attorney should always be strongly considered to ensure you receive the maximum possible compensation for your situation.

The personal injury attorneys at The Roth Firm, LLC will leverage their expertise in the legal system to evaluate your case in detail, compare offers from companies, and do whatever is necessary to ensure that you receive the settlement you need and deserve. Let us help you get back to living your life — contact The Roth Firm, LLC online or by phone to get started. (404) 777-4899