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How Much Should You Settle For After A Truck Accident?


A truck accident can leave you with severe injuries, pain and suffering, lost wages, serious vehicle damage, and many more. Because of the substantial damages associated with truck accidents, it is understandable if, after suffering injuries in a truck accident because of the negligence of another party, you are wondering how much compensation you should settle for. Should you settle your truck accident claim for tens of thousands of dollars or for hundreds of thousands of dollars?

So, how much should you accept in a truck accident case? The amount of money you should accept from the insurance company depends on your case’s specifics. There is no average amount that truck accident victims should accept since no two truck accident cases are the same. If you suffered harm in a truck accident due to another party’s negligence, allow a truck accident attorney to help you determine how much you should settle for.

Factors That Can Affect How Much You Should Settle For in Your Truck Accident Claim

If you suffered harm in a Florida truck accident because of another party’s negligence and are wondering how much money you should accept from the insurance company, you should know that several factors can affect how much you should settle for. For example, the number of liable parties and the degree of fault in the accident can affect how much you should settle for. Also, how much you should settle for depends on the value of your damages. In a Florida truck accident case, you are eligible to recover both economic and non-economic damages. Depending on your case’s specifics, you may also be qualified to recover punitive damages. A qualified truck accident attorney can help you accurately determine the damages you are entitled to and calculate their value.

The Insurance Company’s Approach to a Settlement

After a truck accident, an insurance company will try to settle the case as fast as possible. An at-fault party’s insurance company might even call you a few hours or days after your accident and give you a settlement offer. If this happens, you may find yourself considering accepting the offer. Despite an insurance company’s motivation to settle your truck accident claim quickly, you must remember that initial settlement offers from insurance companies are the minimum amount of compensation you can accept. No matter how desperate you feel, it’s in your best interest to avoid accepting a quick initial settlement offer from an at-fault party’s insurance company before consulting your attorney. When an insurance company gives you a settlement offer, contact your attorney and let them assess the settlement offer and determine if it considers all the damages you are owed and their full value. Remember, the moment you accept a settlement offer from an insurance company, you lose the right to obtain additional compensation in the future.

Legal Help Is Available

If you’ve been injured in a Florida truck accident due to the negligence of another party, you deserve to recover the maximum compensation possible. Our Miami personal injury attorneys at The Pendas Law Firm can help you recover the compensation you deserve in your Florida truck accident case. We can help you ensure that the insurance company does not lowball you. Contact us today to schedule a free consultation and discuss your case.

The Pendas Law Firm also represents clients in the Fort Lauderdale, Orlando, Fort Myers, Ocala, Tampa, Jacksonville, Bradenton, Daytona Beach, and West Palm Beach areas.

Read What Others Have To Say About Us

  • “I can’t express how much I appreciate this law firm. I had the honor to deal with attorney Daniel. He kept me updated on my case. I couldn’t ask for a better law firm. Daniel fought for me til the end and got me what I deserved. Thanks Daniel and your team for always being there to answer any of my questions. If I ever need a law firm again...”

    Terry Mcphillips
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  • “Very Professional law firm. They explained to you every detail what to do according to the laws (worker’s compensation). Mr. Danilo Cruz is the best Lawyer and his team. They are very kind, friendly, responsible, I love this firm. They fight for their clients. AwesomeTeam!”

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