Fifth wheel truck overturned on highwayFifth wheel truck overturned on highway

When you’re injured in a truck accident, the days, weeks, and months that follow can be a time of uncertainty. Bills can pile up, you may be unable to work, and you may not have the resources you need to treat your injuries and get by.

Such circumstances can make online truck accident settlement calculators appealing. They deliver quick estimates to people who are looking for easy answers. But the fact is these tools have major flaws that could give you bad information.

At Teddy, Meekins & Talbert, P.L.L.C., we’ve seen how low-quality information can lead to bad outcomes for injury victims. Victims with inaccurate information could make decisions that lead to a long and messy case.

Victims could also easily leave compensation on the table by accepting a settlement offer that is far less than they deserve. In fact, some insurance companies may use settlement calculators to come up with offers that fail to take the full extent of victims’ losses into account.

Our lawyers, however, know how to accurately calculate truck accident settlement values and fight for a fair and positive outcome for you. Leveraging our decades of experience, we can gather key evidence, build the case for full compensation, and negotiate aggressively with insurance companies from a position of knowledge and strength. We understand how important your financial recovery is, and we’ll fight for every penny you’re due.

If you’ve been injured in a truck accident, don’t turn to truck accident settlement calculators. Instead, turn to Teddy, Meekins & Talbert, P.L.L.C., for support and advice you can rely on. We offer a free consultation to discuss your case and answer your questions about your compensation.

Give us a call or use our online form to get in touch today.

How Much Is My Truck Accident Case Worth?

In truck accident cases, you may be entitled to many different types of compensation under North Carolina law. Your lawyer can review your case and let you know precisely what types could be available, including compensation for:

  • Lost income and damage to your earning potential
  • The cost of your medical treatment
  • Medical care you may need in the future
  • Emotional distress
  • Pain and suffering
  • Punitive damages
  • Property loss and repair costs

If you’ve been injured in a truck accident, these and several other types of compensation could be available. Talk with our lawyers today to understand what compensation you could seek in your case.

How Are Truck Accident Settlements Calculated?

Calculating the value of a truck accident case is a demanding and time-consuming process. That’s because lawyers rely on evidence about the case and information from you about how your life has been affected.

To calculate the value of a settlement, lawyers may look at:

  • The cost of your medical bills and how much treatment your injuries may need in the future
  • Lost wages you suffer and the damage that the accident did to your earning potential
  • The trauma you’ve experienced because of your injuries
  • How your life may be negatively affected by your injuries
  • The extent of the property damage you’ve sustained
  • Who was at fault for the accident and how their actions injured you
  • Whether multiple parties are responsible for the accident and your injuries
  • State laws on compensation
  • All available insurance policies that could provide coverage

Are Truck Accident Settlement Calculators Accurate?

The short answer is no. Truck accident settlement calculators are not accurate. They make simple calculations based on inputs such as your medical bills and property damage costs. But they don’t take everything else into account.

They ignore factors such as the context of the accident, how your life could be hurt in the future, and who could be liable for your injuries. That can lead to estimates that ignore all sorts of potential compensation.

Elements of a Truck Accident Settlement Calculation

An accurate truck accident settlement calculation is built on a deep understanding of the case, the evidence, and the law. Lawyers and other professionals may calculate a settlement using:

  • Medical expenses – Medical expenses can be significant immediately after an accident, but victims may require considerable future care too.
  • Lost earnings – Injuries take people out of work and prevent them from earning a living for months or even years.
  • Future lost income – An injury can hurt you now and impair your ability to earn the income you need in the future.
  • Estimated future medical expenses – Severe injuries could require years or even a lifetime of medical care, but an accurate settlement calculation can take this into account.
  • Property damage – In a truck accident, your vehicle and possessions could be damaged or even destroyed.
  • Multiplier for general damages – This element is a way of calculating compensation for pain and suffering as well as other types of injuries that can be difficult to put a number on.

How Long Will It Take to Receive a Settlement in a Semi-Truck Case?

After a tractor-trailer accident, the time it may take to receive a settlement will depend on many factors. These include factors such as:

  • Whether fault for the accident is clear
  • Whether multiple parties may be liable for your injuries
  • How much insurance companies are willing to cooperate
  • How severe your injuries are

Depending on these and other factors, a settlement could take a few months in straightforward cases to a few years in complex cases.

How Lawyers Accurately Calculate Settlements

Lawyers accurately estimate truck accident settlement values by relying on the evidence they gather and their experience. Truck accidents can be incredibly complex due to the severity of the injuries and damages that are often involved, the number of parties that may be liable, from the truck driver to the trucking company to the cargo loading company, and also the number of complicated insurance policies that may come into play.

An accurate settlement is built on a deep understanding of what happened in an accident, what North Carolina law says, and how your injuries have harmed your life. Unlike truck accident settlement calculators, lawyers listen to you and consider your experiences.

Contact the Truck Accident Attorneys at Teddy, Meekins & Talbert, P.L.L.C.

If you’ve been injured in a truck accident, contact Teddy, Meekins & Talbert, P.L.L.C., now. Truck accident settlement calculators can’t give you decades of legal experience and advice about your rights. But our experienced lawyers can. We can review your case for free, let you know your options, then fight for everything you deserve.

And when you’re working with us, you aren’t getting just a single experienced truck accident lawyer. You’re getting an entire team with the courage to fight and the will to win.

Let us fight for you. Contact us for your free consultation today.