Nearly 5,000 people passed away due to accidents involving large trucks in 2020.
We understand that a truck accident can be disastrous for all involved. Financial compensation can help address some concerns as accident victims heal and work to put their lives back together.
Our clients often ask us what California’s average semi-truck accident settlement is.
While there is no such thing as an average settlement, there are factors that can help you determine your potential settlement award.
Below, the California truck accident lawyers at Wells Call Injury Lawyers will go over these factors. If you have questions, please contact us today.
What Factors Are Used to Calculate My Settlement Award?
When it comes to a truck accident, there is no average semi-truck accident settlement amount.
Every claim brings its own unique circumstances. But you can look at a few different factors to help you get a sense of what your settlement amount may be.
Economic Damages
Economic damages are objective and easy to calculate. Various types of economic damages consist of the following:
- Vehicle damage,
- Medical expenses,
- Lost wages, and
- Other out-of-pocket expenses resulting from the accident.
Of course, the awarded amount will be greater if you have more significant injuries.
And while medical expenses and lost wages due to a truck accident will likely be a significant part of your settlement amount, your vehicle will probably also have an immense amount of damage.
Accordingly, your settlement will also likely include the cost of your property damage.
Non-Economic Damages
Non-economic damages are monetary awards that compensate for intangible harms a person experiences. These are trickier to calculate than economic damages because they are so subjective.
Some examples of potential non-economic damages that could be a part of your settlement include:
- Loss of consortium,
- Pain and suffering,
- Mental anguish,
- Loss of quality of life.
- Disabilities and disfigurement, and
- Emotional distress.
We can help you analyze your potential damages in more detail. Keep in mind that an online truck accident settlement calculator is not an accurate tool to use.
This is especially so with something like damages for pain and suffering. Our experienced lawyers are here to aid you in determining the true value of your claim.
What Additional Factors Might Determine My Settlement Amount?
Other factors may affect the settlement award you recover as well.
For instance, the amount you recover will be impacted by the involvement of other drivers in the accident, the amount of insurance coverage available, whether the responsible driver was working at the time of the accident, and the degree of fault you might have for the accident.
How Our Truck Accident Lawyers Can Assist You
After experiencing a truck accident, having a skillful truck accident attorney in California by your side is crucial.
Our compassionate lawyers at Wells Call Injury Lawyers can help you recover the compensation you need.
We have seven California office locations in Fairfield, Napa, Richmond (two), Vallejo, Woodland, and Vacaville.
Let us aid you with your claim so that you can focus on healing. With 40 years in practice, our experienced team can advise you on what your claim may be worth. Consultations are always free.
Call our caring team today for more information at 707-302-8029 or, contact us online.