Being involved in a truck accident or any auto-vehicle collision can be extremely traumatic and also a waste of time and resources. It can also be extremely devastating if you were to lose someone you love to such accidents. If you were to get involved in a truck accident, you might be concerned about the finances and the future financial health of you and your family. Finding out the appropriate truck accident settlement amount can also be something that is challenging. This is why it is so important to hire a highly experienced truck accident lawyer. Attorneys can help you to decide what the responsibility of each involve party is, and whether you are entitled to monetary compensation.
Who Needs to Pay?
As with any legal case, your team of attorneys will need to find out who is to be held responsible for the accident. Following this, they will be able to ascertain how much payment you are to be owed. However, bear in mind that for commercial truck accidents, there can be a few parties that might be held responsible. This might cause some delay in the process of getting the claim because each party can pay you back for the damages and losses. Depending on the extent of your responsibility for the crash, chances are that you might still be able to be compensated.
Another thing that truck drivers need to know is that they should never try to sue the trucking company or negotiate with the other party’s insurance provider. You should always leave this to your attorney because these companies are willing to do anything in their power to minimize the amount of compensation they need to pay you.
Who Are the Parties?
In every truck accident, there are always different stakeholders involved. Some of these parties include the following:
- The truck driver
- The manufacturer of the truck
- The trailer leasing company
- The trucking company
- The party involved in shipping and packing cargo.
Types of Compensation
The kinds of compensation you receive from the negligent party includes both economic and non-economic compensations. The economic damages include the following:
- Medical fees: This includes the medical expenses that might incur in the future as well. Additionally, the compensation might be able to cover your past medical needs as well. It should cover the costs of different surgeries and medication that you would otherwise need to pay for to recover properly from the accident.
- The Loss of wages: Being in a truck accident might mean that you could be forced to stay at home for recovery for long periods of time. In these periods, your loss of wages can affect your financial health drastically. This is why you should do your best to fight for compensation.
The non-economic damages on the other hand, include the following:
- Mental trauma: You can also get compensated for the mental trauma and anguish that was caused by the accident. You need to prove that the accident was the cause of substantial mental distress that greatly affected your way of living.
Disclaimer: Results may vary depending on your particular facts and legal circumstances.