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.

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:

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. 

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.