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The average truck accident settlement is not necessarily what your settlement will be. In fact, when you rely on RAM Law in New Jersey to represent you in semi-truck accident settlement negotiations, chances are you’ll do much better than average. You have some responsibility to gather as much information as you can to strengthen your case, but the RAM Law team ensures your New Jersey truck accident settlement fairly compensates you. Call RAM Law as soon as you can to get the ball rolling on the most attractive truck accident settlements and verdicts in the state.
Truck accident settlements refer to legal agreements between the parties involved in a truck accident. The injured party or parties agree to receive a certain amount of compensation from the driver or company responsible for the accident. Compensation aids the injured party in the process of recovering damages that resulted from the accident.
Common trucks involved in accidents on the road include:
Commercial truck accident settlements tend to involve significant sums of money. If you’ve experienced an accident with a tanker truck, 18-wheeler or box truck, contact the experienced New Jersey attorneys at RAM Law. They bring a high level of expertise in truck accident settlements and verdicts, especially when the cause of the accident involves the negligence of a trucking company.
But they guide you in all causes of accidents, including:
Regardless of the cause, you can count on RAM Law to lead discussions with the respective insurance companies to get you the best semi-truck accident settlement or verdict that makes you whole, no matter what type of truck was involved.
If you’ve been involved in a big rig truck accident and want to start the settlement process, general steps you need to take include:
While you’re still on the scene, if you can, begin to collect as much evidence as you can to help with your New Jersey truck accident settlement.
If you need medical assistance, try to get witnesses or anyone else who was in your vehicle to gather and preserve any evidence related to the accident, including:
Once you have RAM Law representation, they begin settlement negotiations with the insurance company or trucking company attorneys on your behalf.
Your attorney works to reach a fair settlement that compensates you for property damage and any injuries, which may include:
Your settlement process varies, depending on the specific circumstances of your case. Your RAM Law attorneys work hard to achieve a fair truck accident settlement for you. They take into consideration any serious medical issues that may affect you in the the future.
There’s no set formula for deciding the amount of compensation for your truck accident damages. The specific details of the accident, the extent of the injuries and your losses all play a role in deciding a fair settlement amount. The average semi-truck accident settlement is a gross estimate; your settlement may be radically higher or lower.
The factors that affect the amount of your semi-truck accident settlement include:
Settlement amounts for semi-truck accidents range from tens of thousands of dollars to millions of dollars, depending on the specifics of the case. It’s difficult to ballpark an average semi-truck settlement as every case is unique. Settlements also vary state-to-state. RAM Law’s experience in New Jersey truck accident settlements is extensive, setting them apart from the rest.
When determining the settlement amount, part of the equation includes:
If you’ve been involved in a semi-truck accident and want to get the settlement you deserve, continue the steps you took when you began your truck accident settlement process, including:
By following these steps and collaborating with the knowledgeable attorneys at RAM Law, you increase your chances of getting the best settlement. Additionally, if truck driver’s negligence is found, attorneys may seek punitive damages on your behalf.
The truck accident settlement process is daunting, even more so if you’re recovering from injuries due to the accident.
There are numerous factors that contribute to delays in reaching a settlement for a truck accident. The most common include:
Some cases resolve quickly through settlement negotiations, while others require extensive litigation and take several years to resolve. Typically, most cases settle within six to 12 months, but again, this timeline varies widely, based on the particulars of the case.
Contact the experts at RAM Law of New Jersey to evaluate your case and recommend your legal options. They assist you in seeking justice and maintaining financial stability after a collision. Their experience negotiating a fair settlement with the insurance company or trucking company relieves uncertainty and stress from your settlement process.
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