How Much is the Average Truck Accident Injury Settlement in Florida

Truck accidents can be devastating for victims, who typically suffer the most catastrophic injuries and death in these crashes. When you consider how massively large and heavy commercial trucks are compared with your average personal vehicle, it is easy to understand how a collision with a truck causes so much destruction and bodily harm.

The Federal Motor Carrier Safety Administration recently reported that there were 171,640 fatal and non-fatal crashes involving large trucks and buses. These accidents resulted in 5,233 deaths and 87,530 injuries. Since the loss of life is so high after a truck accident and injuries that are suffered are usually extensive, the amount of compensation victims may receive will vary from case to case, but in these extreme circumstances, settlements can be quite substantial.

If you were injured in a large truck accident in Florida, you can speak with a Tampa automobile accident attorney at Fulgencio Law to learn more about what your case is worth.

Assessing Truck Accident Injury Settlements in Florida

Every truck accident injury case is unique, with details of how an accident happened and diverse outcomes. As a result, when legal action is taken, settlements can also be very different. However, because injuries are often severe and the risk of fatal injuries is heightened in a truck accident, average settlements have the potential to be as much as $500,000 or more. In some instances, it is possible to obtain millions of dollars in settlement money.

Like other vehicular accidents, truck accident cases normally settle without going to court. Still, that does not mean that the settlement process is easy, and trucking companies will fight to avoid having to pay victims of truck accidents fairly. However, when a truck accident victim has an attorney on their side, proving the extent of damages that were suffered and negotiating for a full settlement increases the chances that they will secure the compensation they deserve for their losses. 

After a truck accident, determining liability is essential for an injured party to get the total amount of compensation they are owed. Figuring out who is liable, though, is a little more complex after a truck accident than it is for your typical crash between passenger vehicles. In a truck accident, anyone or a combination of the following could be responsible for the accident happening:

•  Truck driver
• The trucking company
• The truck manufacture
• The company that loaded the truck’s cargo 

Once all liable parties have been identified, the entirety of financial losses must be calculated. This includes damages that have been sustained in the immediate aftermath of an accident and those that are expected to exist in the future. For example, if a truck accident leaves you with disabling and severe injuries, then you may require surgery, ongoing physical therapy, and a long-term need for medical care. An attorney will know how to assess the totality of your damages and fight on your behalf to help you obtain the full compensation that you are entitled to.

Call Fulgencio Law Today

After a Florida automobile accident, you can call Fulgencio Law at (813) 463-0123 to have your case evaluated during a free consultation.