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Reasons Why You Should Settle Your Truck Accident Lawsuit

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Warner&Warner
Reasons Why You Should Settle Your Truck Accident Lawsuit

Many people use the expression “hit by a truck” when their body is sore. Some use it to describe a strong negative force directed at them. It’s quite a funny expression. It’s also inappropriate as it seems to cut the pain someone who got hit by a truck feels.


It’s not something to scoff at as truck accidents happen more often than you think. About 4,136 people lost their lives in truck accidents back in 2018. Statistics show 97% of fatalities in truck accidents were from passenger vehicles. It’s also rare for someone to walk away from a truck accident without suffering serious injuries.


People who have been in such an accident often file a truck accident lawsuit. They work with truck accident lawyers and try to get fair compensation for their pain. These lawyers fall under the umbrella of personal injury attorneys. But they specialize in cases involving truck accidents.


Truck accidents might cause severe injuries but these cases are not as cut and dried as you might think. Car accidents are pretty straightforward since it only involves two parties. That’s not the case with truck accidents. There are more parties involved, for one.


Many truck accident law firms will advocate for a settlement. Your family and friends might also tell you to settle out of court. They’ll say it’s vital to get much-needed funds to cover your losses. Lawsuits are time-consuming. It can take years to get to the trial stage. Then several more years to receive a verdict.


Truck accident attorneys work for a contingency fee. This means they will only get paid once they win the case or a settlement is then agreed on. Your lawyer will receive a percentage of the settlement. This is often 33% of the damages. But it can increase to 40% if the case goes to court.


You risk paying more if you push through with a court case. Most damages received through a trial are less than an out-of-court settlement. This could lead to you paying your lawyer’s fees out of your own pocket. You might also become required to pay the attorney fees of the defendant.



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