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San Antonio Truck Accident Lawyer > Blog > Company Vehicle Accident > What is the Average Settlement for a Company Vehicle Accident in San Antonio?

What is the Average Settlement for a Company Vehicle Accident in San Antonio?

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Company vehicle accidents are rarely straightforward. You may suffer severe injuries, may not be able to return to work for some time, and endure a great deal of pain and suffering, which can be lifechanging. These are just a few types of damages incurred during a company vehicle accident and the extent of them varies case by case. As such, determining the average settlement amount for these collisions is difficult.

Still, there are general guidelines you can use to determine the approximate value of your case. Our San Antonio company vehicle accident attorney can accurately value your case so all of your losses are accounted for.

There is No Average Settlement for a Company Vehicle Accident

No two company vehicle accidents are exactly alike. Due to the varying factors involved, there is also no such thing as an average company vehicle accident settlement. Claim values are not predetermined. Instead, they are based on the value of the actual losses accident victims sustain.

You can, however, estimate the value of your claim by determining the value of the total losses you suffered. Losses in company vehicle accident claims are known as damages and the most common of them include:

  • Medical expenses, including emergency room visits, surgeries, treatment, and medication,
  • Future medical expenses (if your injuries are ongoing or permanent)
  • Lost wages
  • Loss of earning capacity
  • Pain and suffering (Past and future)
  • Loss of enjoyment of life (Past and future)
  • Mental anguish (Past and future)
  • Disfigurement (Past and future)

Determining the value of a claim requires carefully calculating all damages, including long-term expenses, which may be for the rest of your life

How to Maximize a Company Vehicle Accident Settlement

When you are hurt by the negligent driver of a company vehicle, the negligence of the company, or any other entity, you may be able to file a claim to recover compensation for your losses. Although you cannot recover more than the actual damages incurred, there are ways to ensure you receive a settlement that will fully cover your losses or the value of your health that was taken from you. These include:

  • Collect evidence: The more evidence you have, the stronger your chance of recovering a full settlement is. Types of evidence include photos and videos of the accident scene, the damage to all vehicles involved (not just your own), and your injuries, your medical records, witness statements, 911 audio files, dash camera videos, and body camera videos.
  • Identify all liable parties: When filing a claim you can only recover up to an insurance policy’s limits. If there are multiple liable parties, you can file a claim with each of their insurers to recover the portion of damages they are responsible for. Identifying all liable parties can help maximize your settlement recovery.
  • Identify gross negligence: If the driver of a company vehicle acted with gross negligence, you may also be able to obtain punitive damages. Punitive damages are not meant to compensate you for your damages, but to punish liable parties for acting recklessly and to deter other companies from engaging in this type of conduct in the future.

Our Company Vehicle Accident Attorney in San Antonio Can Help Maximize Your Claim

Company vehicle accidents are common but unfortunately, the aftermath of them is even more complex. At the Law Office of Israel Garcia, our San Antonio company vehicle accident attorney can accurately value your claim and negotiate with the appropriate insurers so you recover a fair settlement. Call us now at 210-LAW-9999 or fill out our online form to schedule a consultation and to learn more about how we can help.

Source:

fmcsa.dot.gov/regulations/hours-service/summary-hours-service-regulations

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