A truck accident occurs when a commercial truck, such as a tractor-trailer or delivery vehicle, is involved in a collision. Due to their size and weight of the truck compared to other vehicles, these accidents often result in severe consequences. Property damage is common, often leading to extensive vehicle repairs or replacements. Beyond physical harm, emotional distress and financial strain can happen, affecting individuals involved in these accidents.
However, getting compensation from insurance due to a truck accident can be complex because it involves severe injuries and extensive damages, and it might require more effort, negotiation, and potential legal action to ensure fair compensation.
Trusting the insurance company after a truck accident might seem logical, but insurers are profit-driven. Their primary objective is to minimize payouts and protect their bottom line. Unfortunately, this often means undervaluing or denying fair claims, leaving victims financially burdened and without the full compensation they deserve.
How truck accident insurance works?
The trucking company pays a fee, known as a premium, to an insurance company for coverage. Whenever accidents occur within their operations, the insurance company handles the expenses arising from those incidents. Suppose the trucking company experiences a higher frequency of accidents. In that case, they are required to pay increased insurance premiums.
In the event of accidents, the insurance company is responsible for the expenses for the claims, regardless of the sum collected through premiums. This is particularly crucial because truck accidents carry more substantial consequences than those involving standard cars. As a result, the claims against these accidents often increase to significant amounts of money.
Tactics of insurance companies to avoid paying full compensation
Insurance companies are businesses that aim to make a profit, often by avoiding paying out claims to their clients. They have strategies in place to decline claims, like:
Pressuring you for an official statement
When insurance companies ask you for a statement, it usually benefits the insurance company, not you. They scan your words, searching for any mistakes to use against your claim.
Pointing out reporting gaps
Insurance policies often requires immediate reporting of accidents within a specific timeframe. Missing this deadline could lead to consequences, such as reduced coverage.
Delaying investigations or claims
By taking their time with claims, insurers create financial stress for you, hoping you will settle for less compensation or accept quick, low offers out of immediate need.
Requesting another medical opinion
Even if you have seen a doctor, insurers might request another opinion from a physician. This doctor likely favours the insurance company and help them reduce the compensation amount.
Mailing a check with a release of all claims
Receiving a check in the mail might feel like progress with your claim, but it could be a bad move for you. If an insurance company sends you a check and you cash it, you might unintentionally:
- Agree to that check as your final settlement.
- Close the claim, releasing any rights to future claims linked to that incident.
- Once you cash the check, reopening the claim and seeking better compensation could be tough.
Using expert lawyers in fighting claims
Insurance companies have teams of experienced lawyers dedicated only to disputing claims. They are prepared for legal battles, putting clients in a challenging position.
Why should you consult a truck accident lawyer after a crash?
After a truck accident, consulting a truck accident lawyer is crucial for several reasons. Firstly, these legal professionals have expertise in handling complex truck accident cases. They understand the complex laws and regulations governing the trucking industry, which can be pivotal in establishing liability and protecting your rights.
Moreover, a skilled lawyer protects against potential exploitation by insurance companies or other parties. Insurance companies might employ tactics that could undermine your claim, such as offering low settlements or pressuring you into accepting an inadequate amount.
Furthermore, truck accident lawyers possess adept negotiation skills, which are vital for dealing with insurance companies and saving precious time. They negotiate on your behalf, aiming to secure a settlement that covers all your losses, including medical expenses, lost wages, and other damages incurred due to the accident.
At Nordean Law, we have experienced Orange County truck accident lawyers ready to stand by your side and support, if you are suffering from a truck accident. We have helped many victims of truck accidents and helped them compensate over $2 Million. We also offer free consultations if you want to know your estimated compensation. Contact us by dialing 888.254.3222.