What Compensation Can I Expect in my New York Truck Accident?

Even at lower speeds, truck accidents have the potential to cause major injuries. If you have been injured in a truck accident, you may require a monetary compensation estimate of the damages that you have incurred. While there are no ready calculators available online to help give you such an estimate, an experienced New York truck accident lawyer will be able to examine your specific circumstances and determine what your truck accident case may be worth.

Important Facts to Know About Truck Accident Settlements

truck accident attorneyTruck accident settlements can be complex, and understanding key aspects of each case can be crucial for anyone involved in such incidents. Here are three important things to know about truck accident settlements:

  • Liability factors: Determining liability is often more intricate in truck accidents compared to regular car accidents. Multiple parties might be held accountable, including the truck driver, the trucking company, maintenance contractors, or even the truck manufacturer in cases of part/equipment failure. Investigating the accident thoroughly to identify all liable parties is crucial for securing just compensation.
  • Insurance coverage: Commercial trucking companies typically carry substantial insurance policies due to the potential for severe accidents. However, navigating these insurance policies can be challenging. Understanding the coverage limits and nuances of the insurance policies involved is essential for ensuring fair compensation. In some cases, multiple insurance policies may come into play, such as the trucking company’s liability insurance, the driver’s insurance, and additional coverage for cargo or specific types of accidents.
  • Legal representation: Given the complexities involved, consulting with a New York attorney experienced in handling truck accident cases is highly advisable. Trucking companies and their insurers often have legal teams working to minimize payouts. A skilled attorney can protect your rights, handle negotiations with insurance companies, gather evidence to support your claim, and, if necessary, litigate on your behalf to pursue fair compensation for your injuries, damages, and losses.

What is Your Truck Accident Settlement Worth?

When it comes to truck accidents in New York, determining the compensation amount involves a complex process that considers various elements such as:

  • Medical expenses: This includes current medical bills as well as anticipated future medical expenses related to injuries sustained in the accident. Severe injuries might require ongoing medical treatment, rehabilitation, or even long-term care.
  • Lost wages: If the truck accident results in injuries that prevent you from working, you may be entitled to compensation for lost wages. This includes not only the wages you’ve already lost but also any future earning potential that’s impacted by the injuries.
  • Property damage: Compensation for any damage to your vehicle or other property involved in the accident.
  • Pain and suffering: This is a bit more subjective and typically involves compensation for the physical pain and emotional distress caused by the accident and injuries. It can be challenging to quantify but is an important component of many personal injury claims.
  • Permanent disability or disfigurement: If the accident results in a permanent disability or disfigurement, you may be entitled to additional compensation to account for the long-term impact on your quality of life.
  • Punitive damages: In cases where the actions of the truck driver or another party were particularly egregious, punitive damages may be awarded to punish the responsible party and deter similar behavior in the future.

Contacting an Experienced Lawyer

Injured victims of truck accidents may be able to seek compensation from at-fault parties for damages including, but not limited to, medical expenses, lost wages and benefits, hospitalization, rehabilitation, permanent injuries, disabilities, past and future pain and suffering, etc. Families that have lost loved ones in truck accidents can seek compensation for damages such as lost future income, medical and funeral costs, pain and suffering, etc.

If you or a loved one has been injured in a van/truck accident or pedestrian accident, or if you have lost a loved one in an auto accident caused by a negligent (careless) driver, the experienced New York personal injury attorneys at the Law Offices of Kenneth A. Wilhelm can help you better understand your legal rights and options, and also fight hard to recover just compensation for you.

For over 52 years, our skilled accident attorneys have established a proven track record of helping injured victims get fair compensation for their losses. We recently recovered $5,600,000 for a bicyclist who was hit by a van, and $2,550,000 for another victim of a truck accident, and $3,000,000 for a pedestrian who was hit by a car, and $2,000,000 in a hit-and-run accident, and the full $1,000,000 insurance policy for a pedestrian who was hit by a truck, and $4,625,000 for a driver who was in a car and was hit by a van, and $2,500,000 for a man who fell through an improperly secured hole. Also, one of our clients obtained a verdict for $43,940,000 and another of our clients got a verdict for $23,500,000, both in medical malpractice cases.

Please contact us TOLL FREE 24 hours a day, 7 days a week at 1-800-WORK-4-YOU (1-800-967-5496). WE CAN EVEN COME TO YOU. There is no attorneys’ fee unless we recover money for you. We can also help with personal injury, lead poisoning and medical malpractice cases including, brachial plexus palsy (Erb’s palsy) and cerebral palsy cases in New York, New Jersey, Connecticut, Pennsylvania, or Florida. If you have been seriously injured in any of the 50 U.S. states, please call us and we will try to help you with your case.

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1-800-RADIO-LAW, 1-888-WYPADEK, OR 1-800-LAS-LEYES

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