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After a truck accident, you deserve compensation for your financial losses and impacts on your life, such as medical bills, lost wages, lost earning capacity, pain and suffering, emotional trauma, and more.
Compensation amounts vary based on the circumstances and are never guaranteed. Therefore, it’s difficult to determine an average truck accident settlement in Tennessee. Settlements for these accidents can range from tens of thousands to millions of dollars for severe cases. An experienced Tennessee truck accident attorney from NST Law can analyze your case and estimate the potential settlement based on the facts and circumstances.
Key Takeaways
- Every truck accident case is unique, and settlement amounts vary widely based on case specifics, from tens of thousands to millions of dollars.
- Documenting damages and medical treatments, not accepting lowball offers, and working with an experienced attorney to gather evidence and calculate the value of your claim can help maximize your final settlement.
- NST Law’s extensive track record of success includes securing substantial truck accident settlements for clients in Tennessee.
NST Truck Accident Settlements in Tennessee
Specific settlement amounts are difficult to predict and impossible to guarantee after a truck accident. However, NST Law has extensive experience securing high-value case results for truck accident clients.
Notable case results we’ve obtained for clients injured in truck accidents include the following:
- $6.3 million for the family of a 65-year-old man killed in a truck accident
- $3 million for a married couple who survived a head-on 18-wheeler collision with major injuries
- $2.7 million for a 33-year-old woman who suffered catastrophic injuries in a multi-car accident involving a truck
- $1.2 million for a man who fractured his neck and multiple vertebrae when his vehicle was rear-ended by a truck
No matter the facts of your case, our attorneys will fight hard for you to receive the compensation you deserve.
Factors Influencing Truck Accident Settlement Amounts
Truck accidents are often significantly more dangerous and destructive than typical car accidents. The sheer size and weight of commercial trucks often lead to more catastrophic injuries and other losses. Often, large trucks crush standard passenger cars, or multiple cars pile up.
While there’s no guaranteed way to determine the exact value of your truck accident case, certain factors impacting truck accident settlement amounts can be used to estimate the potential outcome. The nature and severity of your injuries, the impacts on your life, the number of parties involved, the apportionment of fault among the parties, the available insurance coverage, and more can impact how much you could receive in a truck accident settlement.
You may be eligible for significant damages depending on the facts of your truck accident case and the losses you incurred. You can pursue a few different types of damages in your truck accident claim.
Compensatory Damages
Compensatory damages aim to compensate you for losses you incurred from the accident you suffered. There are two types of compensatory damages:
- Economic Damages: Compensate victims for financial losses such as medical bills, lost wages, reduced earning capacity, and other out-of-pocket expenses
- Non-Economic Damages: Compensate victims for the trauma on impacts on their lives that are more difficult to assign a monetary value to, such as pain and suffering, emotional distress, and loss of enjoyment of life
Punitive Damages
In rare cases, a judge may award punitive damages. Punitive damages are awarded exclusively at a judge’s discretion in cases where the defendant has acted maliciously, intentionally, fraudulently, or recklessly. These damages aim to punish the defendant and deter future bad behavior.
Tennessee Law caps punitive damages at two times the amount of compensatory damages or $500,000, whichever is greater.
Liability and Comparative Fault
Tennessee has adopted a modified comparative fault standard for apportioning fault. Under that rule, a plaintiff who shares some blame for an accident can still recover damages as long as they are less than 50 percent responsible. However, their compensation will be reduced in proportion to their share of the fault.
Your attorney can help you determine your potential liability and how it may impact your settlement.
How To Increase Your Truck Accident Settlement
The following steps can help you increase the value of your truck accident settlement.
Seek Medical Attention Immediately
Seek immediate medical attention after a truck accident. Some injuries are not immediately apparent. Even if you don’t seem to be injured, you need a full check-up from a doctor in the wake of a truck accident to make sure you don’t miss hidden injuries such as fractures, concussions, or internal bleeding.
Keep up with medical treatment throughout the case so insurers know your injuries are legitimate. Settlement negotiations generally don’t begin until you reach maximum medical improvement, so waiting on treatment can prolong your case.
Document the Scene and All Damages
Thoroughly document all damages resulting from the accident. Take photos of the accident scene, damage to your vehicle and others, and your injuries. Note any debris, traffic signals and signs, road conditions, and more at the accident scene. Also, keep a journal of your recovery and the impacts of your injuries on your life.
Preserve Critical Evidence
Collect as much evidence as soon as you can. Key sources of evidence include photos and videos, medical bills, medical records, paystubs, police reports, eyewitness accounts, witness contact information, and more. The longer you wait to collect evidence, the harder it is to gather.
Avoid Early Settlement Offers
Insurers are likely to offer you early settlement offers with the promise that you’ll have cash in your hand faster than if you went through the settlement negotiation process. These offers are often significantly lower than you deserve, meaning that you’re leaving money on the table. Never accept an early settlement offer without speaking to an attorney.
Understand the Full Value of Your Claim
Before accepting a settlement offer, you must understand the full extent of your damages and the full value of your claim. You must factor in past and future medical expenses, the impacts on your earning potential, the effects on your daily life, the extent of your physical suffering and emotional trauma, and similar losses. An attorney can help you estimate the value of a potential settlement before you sit down at the negotiation table.
Hire an Experienced Truck Accident Lawyer
Having an experienced truck accident lawyer on your side can make all the difference in the outcome of your case. Your attorney can handle the investigation, filing suit, negotiations, and litigation for you so you can focus on recovery.
How NST Law Can Help Maximize Your Truck Accident Settlement
The attorneys at NST Law are knowledgeable legal professionals with significant experience maximizing truck accident settlements. The skills we bring to the table for all of our clients include:
- Comprehensive Investigation: We’ll thoroughly investigate your case and gather evidence on your behalf.
- Identification of All Liable Parties: Your lawyer will determine who’s at fault in your case so you can file correctly the first time.
- Expertise in Federal and State Trucking Regulations: We’re aware of the applicable laws governing trucking companies and drivers. We can determine whether those rules were followed and how any violations may have contributed to your accident.
- Skilled Negotiation with Insurance Companies: We take an aggressive approach to negotiations with insurers and will do all we can to produce a favorable settlement.
- Trial Readiness and Litigation: If your case goes to litigation, our experienced trial lawyers will completely prepare your case for trial while keeping you as anxiety-free as we can.
- Client Advocacy and Personalized Support: We’re committed to connecting with our clients and working in honor of NST Law’s core principles. We offer compassionate representation and individualized support tailored to your needs as a client.
Call Our Truck Accident Lawyers Today
Reliable legal representation is critical in maximizing your potential compensation for your truck accident claim. If you’ve been hurt in a truck accident in Tennessee and have questions, we can help. Don’t wait. Contact NST Law for your free consultation today. We’re available by phone at (800) 529-4004 and through our contact form online.
