What points come into the picture in a big rig crash settlement?

A semitruck accident is the first event in a series of events that can impact your life. When you're the victim of one of these crashes, you might choose to seek compensation.

If you do file a lawsuit, there is a chance that you will be able to settle the case without going through a trial. This is often beneficial, so you should think carefully before you accept or decline a settlement offer.

Why might a settlement be a good idea?

Oftentimes, a settlement resolves the case must faster than if you waited to go to trial. This means that you can get the money you need faster. It also puts you in control of what you get. You aren't counting on a jury to award you money. Instead, you will know the outcome of your case and have a say in it.

What should I check when I review a settlement offer?

Make sure that the settlement terms are in your best interests. One thing to consider is whether the monetary amount is going to pay for your past, current and future medical care that is necessary because of the crash. You won't be able to file another lawsuit for more money as settlements usually include a clause that relieves the defendant from future claims based on the same accident.

In some cases, a settlement might include wording that means the defendant doesn't have to admit that he or she did anything wrong. This might be a deal breaker for you if you filed your lawsuit to prove a point to the semitruck driver and other defendants in the case.

Source: FindLaw, "Trucking Accident Settlements: What to Expect," accessed April 14, 2017

No Comments

Leave a comment
Comment Information

T.J. Smith, Attorney at Law
600 W Main Street Suite 100
Louisville, KY 40202

Phone: 502-792-7937
Map & Directions