How Much Will I Receive From My Semi Accident Case?
Settlements Vary Depending On Damages, Policy Limits
It's one of the worst moments of your life.
You've been involved in an auto accident with a semi.
You're scared, confused, you might have been hurt. You're wondering what to do and where to turn for answers.
Who can help me? Who will take care of my car? Who will pay my medical bills?
A Catastrophic Semi Accident
In Kentucky, your own auto insurance policy will cover at least a portion of your medical costs.
Choice no-fault generally means that the injured party's insurance company is the primary payer, despite who is at-fault. The state minimum PIP coverage in Kentucky is $10,000.
But semis are massive vehicles that can destroy vehicles and seriously injure their occupants. It's not hard to imagine an accident involving a semi that exceeds $100,000.
What happens if the damage exceeds your PIP benefits?
Liability Coverage In Semi Accidents
When a semi accident proves catastrophic, a claim against the insurance company of the liable party might be an option.
Victims might be looking at an extended hospital stay, broken bones, surgery, extensive physical therapy. All of that costs money.
The coverage provided under your own policy might not be enough. Or your injuries might exhaust the statewide threshold for serious injury.
Policy Limits For Semis
The good news that semis are often well-insured due to federal law.
After all, semis carry tons of precious cargo over America's roadways and highways are dangerous places. According to the Insurance Institute for Highway Safety, 3,660 people were killed in 2014 in crashes involving large trucks; 68 percent of them were riding in passenger vehicles.
As a result, it's not uncommon for large trucking companies to carry policies of $1 million, $2 million or more.
Trucking companies go above and beyond state minimum coverage for several reasons. They want to protect their business against the loss of precious cargo and they know their massive semi trucks and trailers can cause serious damage and life-threatening injuries when things go bad.
Your semi accident settlement
So how much can you expect to receive for your semi accident claim?
The truth is, no honest attorney can tell you right off the bat. There are a number of factors that drive the value of a particular, many being subjective and unique to your case.
Some of these factors include: the circumstances surrounding the accident and whether there is a liability dispute; the seriousness of your injury; whether you had pre-existing medical conditions or past injuries; the severity of the property damage; the presence of aggravating facts such as intoxication or other criminal acts; and, the extent and nature of your medical treatment, etc.
Only by personally consulting with an attorney will you be able to gauge the potential value of your claim.
Contact The Experienced Semi Truck Accident Lawyers At Dallas & Turner
If you've been involved in an accident involving a semi, contact the attorneys of Dallas & Turner today. We understand the trucking industry, and we face off against their insurance companies every day, so you don't have to.
No matter where you live in the state of Kentucky, we offer a free, no-risk consultation for anyone injured in semi truck accidents. This means you’ll never be charged to speak to us and the only way we receive payment for our legal services is if you receive compensation for your railroad accident and injury.
To speak to a Dallas & Turner PLLC attorney immediately, please dial 859-630-0666. You can also write to us by using our free contact form.
Our clients come first, no exceptions. We look forward to working for you.
"Semi truck accidents are incredibly dangerous and leave victims with serious injuries. Our experienced semi truck accident attorneys are just a phone call away to help you or your loved one evaluate how much your case is worth."James Ryan Turner, Experienced Injury Lawyer in Florence, KY