Truck accidents can be catastrophic, since the size and weight of a tractor-trailer could inflict enormous damage. Victims might suffer terrible injuries, leaving them with medical costs and lost income. Filing an insurance claim may be the preferred way to receive compensation for many Tennessee residents. Some victims might need much patience to wait until the settlement process concludes.
Settling a truck accident claim
A minor collision that results in a dented car might not take too long to settle. A repair shop estimate could be enough to establish the loss. With truck accidents, severe injuries may occur, leaving the victims with extensive medical treatment and rehabilitation bills. Reviewing all these records could take a lot of time.
A comprehensive investigation of a truck collision may require more time than one involving cars because truck accidents may involve multiple vehicles. Each victim might have a claim and serve as a witness to the investigation. Expect the process to take some time.
There could also be multiple parties sued when a truck crash happens. The driver may not be the only negligent party. The employer, along with possibly the truck’s manufacturer or any mechanics, might face a claim. Ultimately, a victim would likely seek compensation from all liable parties.
Seeking compensation for losses
Since truck accidents might leave someone with significant losses, a victim would likely want to settle for the maximum amount possible. However, insurance companies may intend to protect their interests, leading them to try to settle low. Insurance companies could dispute costs or otherwise argue against a victim’s claims. Effective negotiation skills might be vital to receiving a fair settlement.
Suing beyond an insurance policy’s limits might be necessary when the victim seeks punitive damages. Doing so may be viable if the defendant has sufficient assets.