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Standing Up For What I Knew Was Right

One day when I was driving on the freeway, I was completely blindsided by another car pummeling down the hill. I didn't know what to do or what went wrong, but I knew things were bad. I couldn't feel my feet at first, and my face was covered in liquid that turned out to be blood. When the ambulance arrived I could see the concern on their faces, and it was frustrating to know what was about to come. Fortunately, I was able to get great medical care, and talk with a personal injury attorney that helped me to sort out everything else. Read this website to find out how accident attorneys can help you to make a difference in your own life.

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Standing Up For What I Knew Was Right

3 Things You Should Know About Commercial Wreck Settlement Processes

by Dylan Tucker

Getting a settlement after a commercial vehicle accident is slightly different from when the case involves personal vehicles. However, the cases have three simple aspects. The first is that the settlement can happen any time after the accident and before the jury comes up with a verdict. The second is that the amount of money you get as compensation varies from one case to another. Finally, it would help if you prepared because the trucking company's insurance might not cover the entire insurance cost. Here are details about the settlement process when dealing with commercial vehicles and tips to help you get a quick settlement.

When to Expect a Settlement

You should expect a settlement at any point in the process between the accident and when the case ends. It is important to remember that if a representative from the commercial vehicle's insurance approaches you after the accident and makes a settlement offer, taking it ends the case. Immediately after you accept the settlement, you have waived your right to bring a lawsuit against the truck company. However, many insurance companies will not approach you until you file a lawsuit. Sometimes, they will come to you after you have lawyered up because it makes them realize you are ready for a legal battle. Therefore, the case moves fast when you show the insurer that you are prepared to pursue your rights. 

The Amount to Ask as Settlement

There is no perfect figure that you should ask for as settlement after getting involved in a truck accident. Several factors should guide the amount you put down in the demand letter. First, consider all your medical bills and expenses. Secondly, think about any lost wages and a decline in your earning capacity. Thirdly, think about pain and suffering, loss of consortium, and punitive damages. The lawyer will help you find out how your evidence can help you ask for the settlement amount you deserve. 

Factors that Could Alter the Settlement Amount

It is also essential to learn about factors affecting the settlement figure. First, if the person's injuries were permanent and led to disfigurement, the amount rises. The age, occupation, education level, and future earning capacity of the victim also matter. Last, the court might interrogate the behavior of the trucking company before the accident. 

Hire local commercial vehicle accident lawyers to help you navigate the complex legal process of filing a claim after an accident. They can help attain a quick and befitting settlement.

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