Wednesday, December 16, 2015

How to maximize the value of your truck accident case?

It is vital that a truck accident victim understand how much their New Jersey truck accident case may be worth in monetary terms. To estimate the value of your claim, it is best to go ahead and call up a Newark, NJ truck accident lawyer with all the relevant facts of the case. Often times, victims that are not sure about what their case may be worth end up getting the short end of the stick.

This is why this site (http://accident.usattorneys.com/new-jersey) was created so this does not happen. Or this type of ignorance is reduced because finding legal help has been streamlined. 

No time wasted

Trucking companies have insurance which employ truck accident insurance adjustors that approach victims of a truck accident without any delay post an accident and offer them a settlement to avoid litigation. Litigation takes time and money and is a loss for the trucking company, which is why they would much rather pay off the victim to settle things outside the court room.

However, truck accident insurance adjustors are trained professionals that work relentlessly to get the victim to agree to an offer that simply does not match what the victim actually deserves. So to be able to negotiate with these guys, you first need some starting point, you need to understand from a New Jersey truck accident attorney as to how much your truck accident claim would be worth, and whether it is worth settling or filing a lawsuit.

Once you have an estimate, you can deal with insurance adjustors and their settlement offer with much more authority and confidence and even leave room for some give and take.  

Newark, NJ truck accident lawyers recommend that you do not sign any settlement offer without seeking legal counsel. Remember that if you do sign a settlement agreement, then you pretty much give away your rights to take the case to court. As much as possible, delay the signing of this document at least until you have a legal representative to help you cope with the situation.

What are the damages you can claim in a truck accident case?

In a civil lawsuit against a trucking driver/company there are specific damages you have the right to claim. This is a legal provision where you are compensated for your losses. The types of damages you can claim are broadly classified as economic damages, non-economic damages, and punitive or special damages.

Economic damages

Economic damages are basically meant to compensate you for any direct financial losses you may have suffered as a result of the accident. These maybe claims such as medical expenses, loss of pay, loss of ability to earn wages, legal fees, and property damage, to name a few. Such claims must be supported by concise calculations and supporting documents\bills.

Non-economic damages

Non-economic damages are meant to compensate you for damages for which you cannot assign any particular monetary value. These can include claims such as loss of enjoyment of life, loss of companionship, pain and suffering, mental anguish, and disfigurement.

As per New Jersey truck accident lawyers, there is yet another special type of damage you can claim, called punitive damages. Punitive damages are meant solely to punish the trucking company for its negligence. Depending on the circumstances, you may not need too much more motivation to want to go this route for sure.

Not only that, you may qualify for worker’s compensation. Do not rule this out either. Yes, you have your car paid for and some extra money to pay for the bills that stem from the punitive damages but that may not cover lost time from work. This is where this site enters the picture and your life will not be the first life it changes if it does work out for you. It is...http://workers-compensation.usattorneys.com/new-jersey/

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