While every case is unique, truck accident claims typically settle within six to 24 months of the incident date. In the simplest cases, a settlement may occur after a conversation between the insurance company and your lawyer before a civil lawsuit is filed. The parties may also come to an agreement during the legal proceedings or trial.
A truck accident lawyer’s goal should always be to get the maximum compensation available as quickly as possible. The best way to keep your case progressing smoothly is to hire an experienced truck accident lawyer in Glastonbury and update them on any changes in your medical treatment plan.
What Is the Settlement Process After a Truck Accident?
There are several ways to reach a settlement agreement after an accident. Settlement discussions often occur privately between the attorneys representing both parties. However, resolutions can also happen through mediation with a neutral third-party mediator, during court proceedings, or with a private judge presiding over the case.
Pre-trial conferences, settlement conferences, and trial management conferences may present opportunities for mediation or settlement talks assisted by the court. Cases can settle at nearly any stage, whether before a lawsuit is filed, after a jury verdict, on appeal, or at any point in between.
As the trial date approaches, negotiations often intensify as your attorney works to obtain the best possible offer for you. In exchange for the settlement sum, you will sign a release of claims once all parties have reached a satisfactory agreement.
What Can Delay My Truck Accident Settlement?
As your case progresses, your attorney will advise you of any available settlement options; however, there are often delays due to the complexities of trucking accidents.
Several key factors may cause delays in reaching a fair settlement after a truck accident injury:
- Lowball settlement offers: The biggest roadblock is disproportionately low settlement offers from insurance companies. They may try to take advantage of you by making an unreasonably low initial offer.
- Disputes over medical liens: Medical providers or health insurers may claim a stake in the settlement funds through a lien to cover treatment costs. If there are disputes over lien amounts owed, it can impede your settlement.
- Arguments regarding causation: Insurance providers might contend that the accident in question did not directly cause your injuries. Proving causation with medical evidence is key.
- Disagreements on long-term impacts: There may be disagreements over the long-term effects of your injuries and appropriate compensation for future complications. A solid medical prognosis helps overcome this.
- Pre-existing condition arguments: Insurers often claim that a victim’s injuries are due to preexisting conditions, not the accident itself. Medical records refuting this can prevent delays in your case.
- Uncooperative defendants: An uncooperative or non-communicative defendant or insurance company can significantly slow down the negotiation process.
- Going to trial: If pre-litigation settlement offers are unsuitable, going to trial delays your payout but may be necessary.
An experienced truck accident attorney from our law firm will address these delays and have the resources to counter opposing arguments. As a large firm, we can pour unlimited resources into cases, which helps expedite fair compensation for our clients.
How Can a Truck Accident Lawyer Help Me Get a Fair Settlement?
After your initial consultation, your attorney will get to work immediately, gathering evidence like police reports, photos, and witness statements. They will also request your medical records to document your injuries and treatment costs.
Your attorney will consult with experts to determine complete damages for medical bills, lost income, pain and suffering, and other accident-related losses.
Negotiating with the Insurance Company
An experienced attorney will thoroughly develop the case through investigation and analysis before pursuing an aggressive negotiation or trial.
They will then write a letter demanding a specific settlement from the insurer, who will likely make a low initial offer. Your attorney will counter that offer and go back and forth as necessary.
Taking Your Truck Accident Claim to Court
If negotiations are unsuccessful, your attorney will file a lawsuit against the trucking company or other liable party, and both parties will exchange information through depositions and subpoenas.
Each attorney files relevant motions and prepares an expert witness list, exhibits, and trial strategy. Mediation with an impartial moderator facilitates further settlement discussions prior to trial.
Free Consultation Regarding Your Truck Accident Settlement
Keep in mind that when you settle your truck accident claim, it is final. Once you sign on the dotted line and accept a check, it’s too late to come back asking for more money. That’s why it’s important to understand the full value of your case before accepting a settlement.
A member of our team could evaluate your case and answer any questions you have about the settlement process. At Connecticut Law Firm, we’re here to right wrongs. When we handle your case, we will get to work immediately, leaving no stone unturned.
Allow us to work toward a timely settlement that covers all of your accident-related expenses and the pain and suffering you’ve endured. Contact us today for a free, no-obligation consultation.