Columbia Truck Accident Settlements

Being the victim of a personal injury case is never an ideal situation to be in. However, the situation could prove to be much worse if you sustained injuries due to a truck accident. Not only could it prove difficult to hold the at-fault party liable for your injuries, it may also be troublesome to identify whether or not to hold the driver or the trucking company accountable.

In the event that a settlement is offered, you should wish to retain the services of a trusted truck accident attorney. A lawyer could help review the compensation you are owed and determine whether Columbia truck accident settlements properly compensation you for the damages you are owed.

Deciding to Accept a Settlement

The decision to accept a settlement belongs to the plaintiff. When determining whether or not to accept a settlement, a plaintiff should review the settlement amount being offered an compare it to the estimated amount of damages they believe they are owed. If for some reason, the plaintiff believes that they would probably not win a proper compensation amount through a trial, they may find it logically reasonable to accept a settlement claim.

What are Reasons to Refuse a Truck Accident Settlement?

One of the main reasons a person may refuse to accept a settlement amount and go to trial instead is when the settlement offer is not high enough to merit acceptance. In some cases, settlement offers do not accurately compensate the victim for their medical bills, and so, causing them to risk going to trial instead.

Another reason a victim may refuse a settlement amount is to hold the at-fault party liable for the accident. In some cases, the other truck driver may have been intoxicated or violated a specific regulation, potentially giving the plaintiff motivation to hold the at-fault party accountable for their carelessness.

How is a Settlement Amount Calculated?

Settlement values are calculated by looking at both economic damages and non-economic damages. Economic damages may include medical bills, loss of earning capacity, and lost wages. Noneconomic damages include mostly pain and suffering, mental anguish, loss of enjoyment of activities, and humiliation. Economic damages are added together to create one portion of the calculation. The other portion of the calculation, which is non-economic damages, are determined by the effect on the victim’s life.

A Columbia trucking accident attorney can help determine the value of the settlement by obtaining all evidence in the case, collecting all medical bills, hiring medical experts, hiring liability experts, and negotiating with the insurance company.

Reach Out to an Attorney Today

There are several benefits that come with hiring an attorney to help you determine whether you should accept Columbia truck accident settlements. An attorney could help you accurately estimate the amount of damages owed to you and compare it to a settlement offer. If a settlement is deemed less than what you should be owed, an attorney could help you prepare to take your case to trial and help you obtain compensation through the court system. For more information, contact an experienced attorney today.