Should I accept a truck accident settlement from an insurance company?

In 2017 across the U.S., there were approximately 170,000 people injured in truck crashes, and likely all the victims and their families faced pain, emotional distress, and financial worry. Most of those victims were also likely contacted by an insurance company shortly after their accident and presented with a fast option—take a settlement offer as soon as possible and move on from the accident. Whether victims and their families realize it or not, that decision can have consequences for the rest of their lives, and it’s a decision that should not be taken lightly or made quickly. Injury victims should ensure that they fully understand their rights before agreeing to any settlement, and an experienced attorney can provide the information and guidance they need to be as successful as possible.
The Derrick Law Firm Myrtle Beach Truck Accident Lawyer

Before You Accept a Truck Accident Settlement, Talk to a Myrtle Beach Attorney

A personal injury attorney can act as both a guide and advocate for injury victims. An attorney can help victims understand and consider some key factors regarding injury settlement offers, including:

The Value Of The Claim

Many times, an insurance company’s initial settlement offer is much too low. Accepting too little compensation can create significant hardships for victims down the road, when they need continuing medical care, continue to miss work, or require other assistance. Typically, an attorney can help victims obtain a more favorable settlement because he knows how to fully and appropriately value a claim.

Finality Of A Settlement

Once an injury victim agrees to a settlement, it is not typically possible for a victim to revisit the settlement later to change the terms or seek further compensation. This makes it especially important to negotiate the right settlement from the start.
 
Truck accidents are known to be especially dangerous for the passengers in the other, smaller vehicles. Truck crash victims often experience serious injuries that require medical care, rehabilitation, medication, and home and vehicle modifications. While a settlement can be an effective, helpful option for some victims, it is important to take the time to ensure that the specific settlement is in your best interest. 

Have You Been Injured In A Myrtle Beach Area Truck Accident?

If you or a loved one was injured in a commercial truck accident in South Carolina, our experienced truck accident lawyers are ready to help right away. Contact us online, or call our Myrtle Beach, South Carolina office directly at 843.488.3165 to schedule your free consultation. We are also able to meet clients at our Conway, Murrels Inlet, Mt. Pleasant, North Myrtle Beach or North Charleston office locations.

Dirk J. Derrick
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South Carolina Lawyer Dirk Derrick helps victims recover from car accidents, personal injury & wrongful death.