Truck Accidents – Low Settlement Offers

When you’re injured by a commercial truck, it’s imperative to get the damages you truly need and deserve. And even successful, well-known trucking companies with significant assets can come back with low, inadequate settlement offers.

In this QA article, personal injury attorney John Rosenberg breaks down what to do when a trucking company lowballs you after an accident.

What Should I Do If I Receive A Low Settlement Offer After A Truck Accident?

If you receive what seems like a low settlement offer from a trucking company, don’t accept it. Instead, reach out to a personal injury attorney. John Rosenberg will help you compare your actual expenses (such as medical bills and lost income) to the offer amount.

He’ll also help you factor in and counter-offer the potential value of your pain and suffering, emotional damage, and the impact of disfigurement or scarring suffered in the accident.

This can result in a far better counter-offer.  If the trucking company refuses to settle for a reasonable and fair amount, the Law Offices of John P. Rosenberg can stand with you and represent you if you choose to head to court.

How Do Insurance Companies Calculate Settlement Offers In Truck Accident Cases?

Insurers tend to use standard valuation tools and internal software to calculate the compensation they initially offer. But these estimates are likely to seriously under-value damages such as pain and suffering or future lost wages.

This is why it is critical to partner with an experienced personal injury law firm when interacting with a large trucking company. The Law Offices of John P. Rosenberg can help you compile medical records, testimony from mental health experts, and documentation of your future needs to counter an initially low offer and seek the damages your case truly merits.

Can A Personal Injury Attorney Help Increase A Low Settlement Offer?

Absolutely. A skilled and experienced personal injury lawyer can…

• Help you gather solid evidence of your losses and expenses
• Negotiate effectively for the compensation you truly deserve
• Leverage mediation or litigation if the trucking company refuses to settle for a reasonable amount
• Ensure your legal rights are protected at each step

Remember, you’re likely going toe-to-toe with a large and well-represented corporation. Without the right legal help, securing the damages you truly need will be nearly impossible. The solution? Allow the Law Offices of John P. Rosenberg to review your case and represent you effectively.

What Are The Risks Of Accepting The First Settlement Offer After A Truck Accident?

Accepting an early offer from a commercial trucking company prevents you from returning to the negotiating table in the future. In other words, once you accept an initial offer, you won’t have the chance to request more compensation if your expenses are higher than you first estimated.

A first settlement offer typically won’t cover the full extent of your economic and non-economic losses. For the best results and the fairest damages possible, it’s best to work with a respected personal injury law firm with ample experience handling – and winning – commercial truck claims.

Injured By A Trucking Accident? Reach Out Today!

When trucking companies come at you with an initial offer, think again. Your immediate and future losses deserve practiced, thorough calculations, representation, and negotiations. Let attorney John Rosenberg review your claim and lend his legal help.

Have questions, or in need of representation? Reach out to the Law Offices of John P. Rosenberg at (818) 716-6400 for an initial consultation today.