Most personal injury cases settle out of court, and only a small percentage need to go to trial in order to force the insurance company to pay a fair amount for the harm caused by their negligent insured. Negotiating a settlement with the insurance company outside of court is a skill in and of itself and is one that experienced and successful personal injury lawyers excel in. Settling your injury case means you are giving up your right to sue in exchange for the settlement amount, so it is very important that your settlement is done right and for an appropriate value.
In truck accident cases, the stakes are often higher because the number of damages is much higher and for other reasons as well. Read below to learn about factors unique to truck accident settlements, and contact an experienced Houston truck accident attorney at (713) 225-5050 if you’ve been hurt in a Houston area truck crash.
How Truck Accident Settlements Are Different?
After a car accident, you’ll likely either call your own insurance company or the other driver’s, and the insurance company will send out a claims adjustor to review the damage to the vehicle and investigate the facts surrounding the accident and injury. You might expect the other driver’s insurance adjuster to be more biased than an adjuster from your own insurance company in assessing the damage since it is the negligent driver’s company that will eventually pay.
In the case of truck accidents, many trucking companies employ their own adjustors rather than using outside adjustors. This company claims adjustors may have an even greater incentive to minimize the liability exposure of the trucking company, not just to save their boss money but to save their jobs as well.
Another feature unique to truck accident cases is that many trucking insurance policies include a self-insured retention feature. These provisions require the trucking company to pay the first portion of any settlement out of its own pocket before any insurance payment kicks in. When combined with having their own claims adjusters assess the damage, a self-insured retention policy means the trucking company will likely look very hard at the dollar amount they may have to pay and do what they can to minimize that amount.
Self-insured retention provisions can cut both ways though. These provisions apply not only to indemnity payments but to defense costs as well, meaning the trucking company would have to pay for the costs of defending the case in court until the retention limit is reached, as opposed to the insurance company paying the total cost of defense as with most car accident policies. With this in mind, the trucking company may be more inclined to settle for a fair amount rather than having to cough up cash for legal defense and still have liability if they lose in court.
Truck accidents have the potential to cause catastrophic and life-long injuries and disabilities, making them more expensive to settle than the average car accident. A serious truck accident could involve all of the following legal damages:
Doctor and hospital bills
Future medical costs, including medications and medical equipment
Permanent disability, scarring or disfigurement
Lost wages
Loss of future earnings
Pain and suffering
Mental anguish or emotional distress
Loss in quality of life
Loss of consortium
Funeral and burial expenses for wrongful death
Vehicle property damage
Having a skilled and knowledgeable truck accident lawyer on your side is key to negotiating a successful settlement after a serious truck accident injury. If you’ve been injured in a Houston truck accident, contact the experienced and dedicated Houston personal injury lawyer Charles J. Argento at 713-225-5050 for a free consultation on your case.
Charles J. Argento focuses his practice on serious personal injury, auto accidents, wrongful death, and product liability. With over 37+ years of experience, he is known for aggressive representation and securing high-value results for injured clients across Texas. He has earned numerous prestigious awards, including Super Lawyer, AV-rated by Martindale-Hubbell for 22 consecutive years, and a 10/10 rating by Avvo.
How Charles J. Argento Helps Houston Families Navigate Wrongful Death Cases Involving Commercial Drivers
Losing a loved one in a Texas crash involving a commercial vehicle is devastating. In Houston—a city filled with delivery vans, 18-wheelers, and construction haulers—the roads are often shared with vehicles...
Houston’s Role as a Freight Hub: Why Truck Accident Victims Face Unique Legal Challenges
Houston is one of the busiest transportation and logistics centers in the United States. With Port Houston, the I-10 and I-45 corridors, and direct access to major distribution routes, the city...
Understanding Personal Injury Lawyer Fees: What Percentage Do Lawyers Take for a Personal Injury Case
When you're dealing with a personal injury claim, one of the biggest questions on your mind is probably about money. Specifically, how much of your potential settlement will actually end...
His a very good attorney I really recommend him. His staff is very respectful they help you out all the way till the end. So I am very happy with...
- Elvy.
He is very good at what he does and he will get you the maximum that you deserve hands down the best lawyer I have had and as long as...
- La’Shannette.
Mr. Argento and his team fought hard to settle my case with the best possible outcome. Everything was explained in a professional and courteous manner and all of my questions...
- Dawn C..
This is the second time that I've used Mr Argento and I have not been disappointed. He, along with his staff, are very professional and friendly. He is very experienced,...
- Shantel W..
I reached out to Charles J. Argento & Associates when I was in an accident that was not my fault. I was injured and becoming quickly overwhelmed with the process...
- Ella Harrison.
I had a great experience working with Charles. I would have never thought of half the stuff he did—including negotiating down medical expenses. I’m not a litigious person and I...
- Allison Rose.
I was told about the great work of Mr. Charles Argento by an Uber driver after being in an car accident. I took a chance after hear this guy experience...
- Devonte Landry.
Attorney Charles Agento office was very attentive with my case. Answered every question and concerns I had. Overall my experience was awesome! Highly recommend!...
- Yasmin Torres.
Had a great experience with this law firm handling my car accident, they took care of me and my family. Will recommend 100%...
- Nuvi Escobar.
Mr. Argento and his staff are very understanding and patient. Raquel was a great help, and was always there to help. I highly recommend working with this law firm....
- Pat Gibson.
Persistence and communication!!! This is what you can look forward too by picking Mr. Argento as your lawyer. It was a lengthy process with a couple of bumps on the...
- Irahi B..
Attorney Argento represented my family for an automobile accident. The insurance company refused to pay for the damage to our car and for our injuries. Mr. Argento was very aggressive...
- Jonathan Conejo.
The worst enemy of human kind is the lack of information . Now with attorney Charles Argento you are not going to have this problem . Usually when people are...
- Joseph Duron , a personal injury client.
My wife and I were injured in a car accident in Houston, Texas. We had no medical insurance to get proper medical treatment for our injuries. Two other big law...