How Much Compensation Can Truck Accident Victims Recover?

A head on collision with a red truck and a red car

Truck accidents can come with devastating consequences, leaving you with extensive physical injuries and property damage. And because of this, most truck accident victims file a claim so that they can get access to truck accident compensation. And with the help of a trucking accident attorney, you can get a fair settlement that covers the extent of your damages.

Types of Compensation Available in New York

Before you move forward with filing your commercial truck accident claim, you need to understand what types of compensation may be available. This is something that will impact the final settlement amount, especially if you qualify for multiple types of compensation, such as:

  • Medical expenses
  • Lost wages
  • Lost earning potential
  • Property damage
  • Pain and suffering

It’s strongly recommended that you get the help of a truck accident lawyer before filing your claim, as they can help you understand what compensation you may be able to receive. They can also help you gather the necessary evidence to prove this.

Factors That Influence Compensation

Every truck accident is entirely unique, so there is no specific number you can expect if you are pursuing truck accident compensation. However, in New York, your settlement could range anywhere between $50,000 and $20,000,000 depending on whether your injuries are minor or catastrophic.

The most significant aspect of your claim that will influence compensation is the extent of your injuries. This is especially the case for injuries that are disabling, long-term, expensive to treat, or result in reduced earning potential or job loss.

Insurance coverage also impacts the final settlement amount, as New York is a no-fault insurance state, which means that you will usually rely on your own insurance coverage after a truck accident.

Also, to get the best truck crash injury settlement possible, you need to be able to prove without a doubt that the trucking company or truck driver was at fault. To do this, you and your attorney will need to establish liability within your claim.

How to Get the Best Truck Accident Settlement

To guarantee that your claim is successful and you get the settlement you are entitled to, you need to back up your claim with substantial evidence. Your attorney can help you do this, especially if you are recovering from your injuries.

Here are some examples of the best types of evidence to support your claim and your right to compensation:

  • Blackbox data
  • Medical bills & doctors notes
  • Diagnosis & test results
  • Dashcam & traffic footage
  • Collision scene photos
  • Expert testimony
  • Eyewitnessed statements
  • The police report

Get In Touch With a Car Accident Attorney in New York

Proving trucking company liability comes with many challenges, especially since trucking companies and insurance carriers may not be cooperative. That is why it is important that you understand the value of your trucking accident settlement so that you do not accidentally accept a low settlement offer.

As a victim of a truck accident, receiving semi-truck accident compensation isn’t just a necessity; it is your right.

So, if you are ready to start your truck accident lawsuit in New York, contact us today at Gash & Associates, P.C., in New York at 914-328-8800 for a free consultation.

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