Albuquerque truck accident settlements vary depending on the types of injuries sustained by the victims and the damage done to property. Usually, the big rig trucker’s insurance company will make a low settlement offer compared to the actual expenses endured by a victim or their family.
If you need help with an Albuquerque truck accident settlement, call our local office today for outstanding legal representation. We look forward to earning your business with our compassionate outlook and dedication. Our truck accident attorneys are proud to be the local choice for legal representation.
Federal law requires independent truckers and big freight companies to maintain adequate insurance. The amount of liability coverage they must maintain depends on a few factors, like the type of freight they usually haul. The average trucker must have $300,000 to $5,000,000 in liability insurance.
In legal terms, liability means responsibility. Liability insurance exists to cover damages and injuries a trucker might cause. These include:
After an accident involving a big truck in Albuquerque, it is common for the trucker’s insurance company to approach the victims with a small settlement offer.
Big truck accident victims should not accept the first settlement offered by an insurance company. Remember, insurance companies are in the business of making money. They hope a person will accept a tiny settlement and give up their rights to sue for more.
After an accident, most victims find themselves in tough situations, both physically and financially. They may spend a lot of time in the hospital and then need time off from work to recover from their injuries. Some victims find themselves paying for extra child care, housework help, or yard work assistance. The bills continue to stack up while a victim attends physical therapy.
Meanwhile, a victim may have lost the use of their vehicle. It may have been totaled in the big rig accident, or it may take a few months to get the parts needed for repairs. If they can drive, they may need a rental vehicle.
The trucker’s liability insurance is responsible for these costs and more. New Mexico is a pain and suffering state. Truck accident settlements in Albuquerque should cover a person’s pain and suffering, which includes emotional damages and physical trauma.
Ultimately, many injured people accept a small settlement for their truck accident because they are concerned about the bills piling up while missing work. Before accepting any insurance offering, they should contact a skilled attorney.
If you were injured in an accident with a big rig, call the caring team of local attorneys at NMAF now. We have plenty of experience with Albuquerque truck accident settlements and will work hard to get you the funds you deserve for you and your family. We have helped many locals get the funds they deserve from the trucker’s insurance company, and we can help you, too.
Call now to schedule your consultation and get started.
