If you sustained injuries in a semi-truck accident, you could have the legal right to bring a personal injury claim for your damages.
Understandably, prospective clients want to know how much compensation they can collect in a semi-truck settlement.
However, every case differs, which means every settlement is unique.
To learn what your case is potentially worth, it’s best to contact a Colorado semi-truck accident lawyer at Tenge Law Firm, LLC.
What is the Average Settlement for a Semi-Truck Accident?
Rather than focusing on what the average settlement for a semi-truck accident might be, it is more productive to work on building your case.
The stronger your case is, the better your chances are at a higher settlement.
Once you understand the factors that impact your case value, it will make more sense why there is no average or minimum truck settlement.
Factors That Impact a Semi-Truck Settlement
One of the most critical factors determining your case value is your injuries. What injuries do you have?
The more severe your injuries are, the higher your cash value will likely be.
For example, someone who has a traumatic brain injury will have a higher potential case value over someone with a soft tissue neck and back injury that healed with physical therapy in eight to ten weeks.
Another critical factor in determining a semi-truck or commercial vehicle settlement is liability.
Colorado follows the legal theory of modified comparative negligence. You could still collect a portion of your damages, provided your own liability doesn’t exceed 50%.
However, your potential compensation will be reduced by your percentage of liability.
For example, if a jury determines you’re 30% at fault, you could collect 70% of your damages. But if the jury decides you are 51% at fault, you will receive nothing.
What Damages Can I Recover?
Damages also play a significant role in determining case value. The higher your damages total, the more your case could be worth.
Damages can be divided into two main categories—economic and non-economic damages.
Your economic damages are quantifiable, such as medical expenses, lost wages, property damage, future expected medical expenses, etc.
Your non-economic damages are more challenging to calculate as they are subjective in value.
These damages include pain and suffering, emotional distress, loss of consortium, and mental anguish, to name a few.
Your non-economic damages are tied to the severity of your injuries as well.
The more severe your injuries are, the greater your non-economic damages will likely be in a semi-truck settlement.
How a Colorado Lawyer Can Help Increase a Semi-Truck Accident Settlement
Pursuing a semi-truck accident claim can be complicated. You need a skilled lawyer on your side who understands how to negotiate these types of claims to get you the best settlement possible.
Semi-truck drivers and trucking companies must follow additional laws that regulate the trucking industry.
There is no average semi-truck accident settlement amount we can share with you, but our case results page speaks for itself.
Our lawyers have years of experience representing injured victims in semi-truck accident cases. We know the trucking industry and how to build the strongest case possible.
We also have the necessary courtroom experience should your case go to trial.
Contact Tenge Law Firm today to schedule an initial consultation to learn more about your potential semi-truck settlement value.
We offer free, no-obligation consultations. You have nothing to lose by meeting with our legal team.
Let us help you fight to hold the responsible parties accountable for your injuries.
