Should you consider a settlement after a truck accident?

 Posted on May 08, 2018 in Truck Accidents

If you suffered injuries from a Texas truck accident, you know how difficult it can be to put your life back together after this type of traumatic incident. Truck accidents can lead to serious damage and grave injuries, and often, these types of accidents are completely preventable.

Trucking companies and their insurance providers do not have your best interests in mind. You may receive an offer for a financial settlement after a truck accident, but this may not reflect the true value of your case and the amount to which you have a rightful claim. You would be wise to carefully consider the terms of any agreement offered to you before you accept or sign anything

Fighting for what you deserve

If the truck accident that left you injured was the result of the negligent or reckless actions of the truck driver, you would have a rightful claim to financial compensation. In some cases, it might be necessary to seek compensation through a civil claim, but often a trucking company may prefer to reach a settlement in order to avoid complex litigation.

Settlements happen when both parties negotiate on the terms of the agreement outside of the courtroom. The trucking company or the insurance company may offer a specific amount. You then have the right to negotiate for more money and additional benefits if you think you should do so. It is possible to reach a fair settlement in this way, but you may find it beneficial to consider the following:

• If you agree to a settlement, you are likely relinquishing your right to pursue additional compensation through a future lawsuit.
• In some cases, an accident victim could get more money through litigation rather than a settlement.
• A settlement means that the liable party will not be held publicly accountable for their actions or negligence.

Your ultimate goal in either a lawsuit or a settlement is the protection of your immediate and future financial interests.

Moving forward after an accident

After a serious accident involving a truck, you have the right to take whatever steps are necessary to pursue a full and fair recovery. Whether you are considering a settlement offer or you think a civil claim might be the best option, you would be wise to carefully consider all of the options available to you. Learning more about your options can start with a complete evaluation of your case as soon as possible after an accident.