How Much Is My Truck Accident Case Worth?

Nothing can prepare you for the immense challenges caused by a serious truck crash. The physical pain, emotional suffering, and financial turmoil are enough to overwhelm even the most level-headed person. If you’ve suddenly found yourself in this difficult position, you might be curious about the average truck accident settlement to estimate your claim’s value. 

The reality is that each case is unique, and your claim’s value is entirely dependent on the facts of your case. By working with a knowledgeable Chicago truck accident attorney at Salvi, Schostok & Pritchard P.C., you can seek compensation that addresses your specific needs. Contact us today for a free consultation – and find out what your trucking accident case could be worth.

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How Can a Truck Accident Lawyer Help Determine the Value of My Case?

When you work with a skilled semi truck accident lawyer, you partner with a legal professional who can investigate the causes of the crash, identify all liable parties, and calculate the value of the short- and long-term losses you may suffer. An experienced attorney can use this information to aggressively seek the fair settlement you deserve.

At Salvi, Schostok & Pritchard P.C., our law firm has over 40 years of experience supporting injured individuals on their path toward justice. We have recovered more than $2.5 billion in compensation for our clients, including some of the largest verdicts in Illinois state history. We know how to calculate and obtain the case result you deserve. 

Our firm strives to achieve more than a typical settlement, focusing instead on securing compensation based on your particular circumstances. Numerous factors can affect the value of truck accident settlements, including the following.

How Clear Liability Is

One of the most essential factors determining your case’s value is the ability to demonstrate that another party is liable for your injuries. This process involves an investigation into the collision, aiming to recover and analyze evidence such as:

  • Video of the crash and photographs of the scene
  • Eyewitness testimony
  • Accident reconstructions created by expert witnesses
  • The trucking company’s safety records and internal communication
  • Data from the truck’s onboard computer system

Our team is adept at securing and evaluating these forms of evidence. We are ready to put our skills to work to maximize your compensation.

Medical Expenses

Truck collisions often result in severe injuries due to the extreme forces involved. Common injuries include:

  • Traumatic brain injuries
  • Spinal cord injuries and paralysis
  • Multiple fractures
  • Internal organ damage
  • Severe burns

These injuries typically require extensive medical treatment, leading to significant medical costs due to:

  • Emergency room care
  • Diagnostic scans (MRI, CT, X-ray)
  • Surgeries and follow-up procedures
  • Hospital stays
  • Prescription medications
  • Physical therapy and rehabilitation
  • Specialized medical equipment

It’s crucial to consider current and future medical expenses when calculating the value of your case. Some injuries may require ongoing care or result in long-term disabilities, necessitating continued medical attention and support.

Insurance Coverage Available

The amount of insurance coverage available can significantly influence the value of your truck crash case. Due to federal and state regulations, commercial trucks typically carry higher insurance limits than personal vehicles. However, these limits can vary based on factors such as:

  • The type of cargo within the trailer
  • Whether the truck operates on an interstate or intrastate basis
  • The scope of the trucking company’s involvement

In some cases, multiple insurance policies may apply. For instance, if the trucking company, the truck driver, and the cargo loader are all found partially liable, each of their respective insurance policies could contribute to your financial compensation.

Pursuing compensation from the multiple parties involved in your case can make truck accident claims particularly complex. However, doing so may also be crucial to recover maximum compensation. Our experienced attorneys will thoroughly investigate all potential sources of insurance coverage as we seek to maximize your financial recovery.

Lost Income

Truck collisions often result in extended periods of missed work, leading to substantial lost income. When calculating this aspect of your personal injury claim, we consider:

  • Lost wages during your recovery period and due to medical appointments
  • Future lost earnings for future medical appointments
  • Reduced earning capacity if you are unable to return to your previous job
  • Lost benefits, including healthcare coverage and retirement contributions

For self-employed individuals or those with variable incomes, we work with economic experts to accurately project lost earnings and opportunities.

Pain and Suffering

Beyond the tangible financial losses, truck crashes can cause significant physical and emotional pain and suffering. These non-economic damages are more challenging to quantify but may be a crucial component of your claim. Factors we consider when calculating the monetary value of these losses include:

  • The severity and duration of your physical pain
  • Emotional distress, including anxiety, depression, and PTSD
  • Loss of enjoyment of life
  • The strain on your personal relationships

While no amount of money can truly compensate for these experiences, we strive to secure a fair settlement that acknowledges the full extent of your suffering.

Contact Our Experienced Truck Accident Lawyers for a Free Consultation

Don’t make the mistake of attempting to pursue a truck accident case on your own. Securing the necessary evidence and calculating the total value of your losses can be difficult, particularly when you are still recovering from your injuries. Instead, work with the knowledgeable Illinois truck accident attorneys at Salvi, Schostok & Pritchard P.C. Our team of seasoned legal professionals can handle every aspect of your claim on your behalf, giving you the time and space to focus on your treatment and recovery.

We have helped our clients recover over $2.5 billion, including more than 350 verdicts and settlements of $1+ million. We have the skills to pursue the justice and financial compensation you deserve. We won’t charge you a fee unless we win your case, as we believe that high-quality representation should not depend on your ability to pay for it.

Don’t delay. Contact Salvi, Schostok & Pritchard P.C. today.