Truck accident settlements typically range from $50,000 to several million dollars, with most falling between $100,000 and $500,000. Catastrophic injuries or fatalities often result in significantly higher compensation.
Settlement amounts depend on medical expenses, lost wages and reduced earning capacity, pain and suffering, and property damage. When commercial trucks are involved, multiple liable parties—trucking companies, drivers, and maintenance providers—can increase available compensation.
Commercial trucks weighing up to 80,000 pounds cause far more destructive collisions than typical car accidents, frequently resulting in severe injuries like spinal cord damage, traumatic brain injuries, and internal organ damage. Trucking companies typically carry insurance policies of $1 million or more, and federal regulations create additional opportunities to prove negligence.
An experienced truck accident lawyer at Munley Law can evaluate your case and negotiate maximum compensation for your injuries and losses. Call today to speak with our experienced truck accident team.