Florida Trucking Accident Settlements
If you’ve been injured in a trucking accident, you may be entitled to compensation for your injuries. It is important to speak to an experienced Florida trucking accident attorney to determine your legal options including the filing of a lawsuit. Once a case is filed, however, it is possible that the case will settle prior to the commencement of a trial by way of a settlement. The Florida Highway Safety and Motor Vehicle provides that in 2015 there were 1,329 commercial motor vehicle accidents in Pinellas County, Florida. In the first 6 weeks of 2016, there were already 116 commercial motor vehicle accidents in Pinellas County.
Florida Trucking Accident Settlements
A legal settlement is reached when the parties to litigation have reached an agreement outside of court, often times as a result of negotiations between lawyers for both sides.
Reaching a settlement can provide a quicker resolution that proceeding in court.
Truck accident cases have the potential to be more complicated and to involve more issues than auto accidents. Often, it is necessary to retain experts to give their opinions on issues such as air brake adjustments, steering, speed, driver fatigue, maintenance and blind spot accidents. Moreover, truck accidents, more than auto accidents, lend themselves to potential defective products cases which may require expert testimony.
When a case involves more complicated issues and facts, they frequently take longer to settle, although a settlement always remains an option for a truck accident victim.
Potential Downsides to Florida Truck Accident Settlements
While in most cases reaching a settlement is preferred over the need to undergo protracted litigation, there are some disadvantages to settling a claim including:
- The victim usually must agree to give up the legal right to pursue any further legal claim in connection with the trucking accident or injury.
- A binding settlement agreement precludes the right to a trial on the same claims.
- A settlement may be much less than what the plaintiff would have been awarded if successful in court.
- Settling out of court means the injured party forgoes the opportunity to publicly hold the defendants liable for their harmful actions or to receive a just verdict.
Types of Florida Settlements
There are two major types of settlements; a lump-sum and structured. A lump-sum settlement is paid all at on while a structured settlement is paid in regular payments over a pre-determined period of time.
Every truck accident case is different and settlement values will also differ on a case-to-case basis. There are many factors that will be weighed in any individual truck accident settlement, including the extent of the injuries, the length of time it will take for the injuries to heal, the amount of time you will be absent from work, the strength of the case, the amount of insurance held by the negligent party, and the nature of the accident itself. All of these issues must be reviewed with a trucking accident attorney to apply to an individual case.
Florida Trucking Damages
A trucking accident settlement may include several types of damages including,
Economic damages: A trucking accident victim may be able to receive economic damages. This amount may include the amount of income the victim earned prior to the collision and how much they lost because of the accident.
Non-economic damages: There are also non-economic damages, which include damages for suffering and pain. Punitive damages which are meant to punish the individual or business entity at fault for the accident.
Call a Florida Trucking Accident Attorney
Based upon the enormous size and weight of large trucks, a collision with a passenger vehicle can have devastating consequences. If you or a loved one were involved in a trucking accident you likely sustained many serious injuries or disabilities. At the Dolman Law Group in Florida, our team of experienced truck accident lawyers have successfully helped many truck accident victims obtain the compensation they deserve for their injuries and related losses through both settlement and trial. To make sure that you receive all of the compensation to which you are entitled, it is important to have an experienced truck accident attorney handling your case. Please call our office at 727-451-6900 today.
Dolman Law Group
800 North Belcher Road
Clearwater, FL 33756