Albuquerque Truck Accident Settlements

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THE LAW GIANT truck accident lawyers:

Fight for Everything You Deserve

Truck accidents can leave victims with devastating injuries and tragic losses. Fortunately, New Mexico law lets you pursue compensation through a truck accident settlement. To secure the best possible outcome, it’s best to work with an experienced truck accident claims lawyer.

The Law Giant Injury Lawyers and our New Mexico truck accident lawyers have considerable experience securing fair and full truck accident insurance settlements. With our resources and skills, we can help you fight for maximum compensation. With over $1 Billion recovered for our clients, call (505) 900-0000 for a free truck accident evaluation with the Law Giant.

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After my experience I wouldn’t consider any other firm to help me. the person I spoke to was very detail oriented.

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Very satisfied with the service they provided. I was well informed through the whole process thanks to staff. Highly recommend!!

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Giant Wins for All Injuries

Our personal injury lawyers handle a wide range of accidents and serious injuries across New Mexico.

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How to Calculate Truck Accident Settlements

Severe truck accidents often result in significant medical bills, time away from work, and lasting trauma. After such a life-changing event, one of the first things you might wonder is how you’ll manage the costs.

You’ll be entitled to a settlement where negligence is involved in most cases. But how are truck accident settlements calculated?

Factors that Affect Truck Accident Settlements

Several factors impact the value of a truck accident settlement amount, depending on the circumstances and the damages incurred. Key elements that influence settlement offers include:

  • The nature of the accident
  • The severity of your injuries
  • The extent of required medical care
  • Physical pain, emotional suffering, and long-term limitations
  • Your ability to earn a living
  • Impact on your relationships and quality of life
  • Any degree of fault you may share
  • The behavior of the at-fault parties
  • Insurance policy limits of the responsible parties

Damages & Losses in Your Truck Accident Settlement

Once negligence is confirmed and the liable parties are identified, your truck accident settlement should account for all the losses you’ve experienced. Your compensation may include:

  • Current and future medical costs
  • Lost wages and diminished earning capacity
  • Pain and suffering
  • Emotional distress
  • Disfigurement
  • Loss of consortium
  • Property damage
  • Wrongful death (in cases involving fatalities)
  • Punitive damages (in cases of gross negligence)

What’s the Average NM Truck Accident Settlement?

Every truck accident is unique, so it’s impossible to predict a settlement amount without all the details. For example, suppose a truck driver was grossly negligent and caused catastrophic injuries. In that case, the settlement may be higher to reflect the long-term impact on your life and the reckless behavior involved. However, the settlement may be lower if liability is disputed or injuries are less severe.

Truck accident victims who work with attorneys tend to secure higher settlements. By documenting your medical expenses, lost wages, and other losses since the accident, you strengthen your case and increase your chances of obtaining a fair settlement.

Negotiate for the Maximum Settlement

It’s natural to want your case resolved quickly, but rushing to accept the first settlement offer could result in inadequate compensation. Truck accidents can have long-term consequences, so it’s crucial to consider the full financial impact of your injuries and future needs.

Beware Lowball Offers

Trucking companies and insurers are often more interested in protecting their bottom line than offering fair compensation. They may attempt to settle your case quickly, hoping you’ll accept a lowball offer before speaking to a lawyer. Adjusters might even downplay the severity of your injuries or suggest that you were partially at fault.

Remember, even if you share some responsibility under New Mexico’s comparative fault laws, you may still recover compensation. It’s always advisable to consult a lawyer before accepting any settlement offers.

AT THE LAW GIANT,

We Win Big!

With thousands of satisfied clients, our New Mexico injury attorneys have what it takes.

The Benefits of Settling a Truck Accident Claim

Ultimately, deciding whether to settle is your choice. Our team will guide you through the process, outlining the pros and cons of settling after your accident. Some benefits of settling include:

  • Faster resolution compared to a trial
  • Greater privacy
  • Avoiding the unpredictability of a jury
  • Lower legal expenses

How Long Does It Take to Settle a Claim?

Settlement timelines vary depending on the complexity of the case. If liability is clear, a settlement may be reached in weeks. However, negotiations may take longer if there are disputes about who is at fault or the extent of damages.

Will I Have to Go to Court to Get a Settlement? 

In some cases, settlement negotiations may break down, making it necessary to file a lawsuit to protect your right to compensation. Filing a lawsuit may also give you leverage during negotiations. While most truck accident cases settle out of court, being prepared for trial strengthens your position.

When Do Truck Accident Cases Settle?

After a truck accident, your top priority should be getting medical attention. Once your injuries are documented, contact Law Giant Injury Lawyers to explore your settlement options. We offer a free, no-obligation consultation to review your case and guide you through the next steps.

What’s Needed for a Truck Accident Settlement Claim?

To secure a settlement after a truck accident in New Mexico, you’ll need to prove:

  • A truck driver, trucking company, or a third party caused the accident.
  • They acted negligently or violated their duty of care.
  • You suffered damages as a result of the accident.

Evidence to support your case may include police reports, expert testimony, witness statements, and medical records. For example, a police report may confirm driver error, and expert testimony can demonstrate how the crash occurred. Medical bills and employment records can establish the financial impact of the accident.

Let The Law Giant Handle Settlement Negotiations

Trucking companies and insurers may quickly offer low settlements to minimize their liability. These offers rarely reflect the full extent of your losses and are designed to make your case disappear.

The best way to assess any offer is to consult an experienced attorney. Law Giant Injury Lawyers will take over every aspect of your case, ensuring you get what you deserve.

  • Establish liability and fault
  • Calculate all damages
  • Send a demand letter
  • Gather evidence and conduct depositions
  • Negotiate for the maximum amount
  • Prepare for trial if necessary

Our team will work tirelessly to gather evidence, negotiate with insurance companies, and, if necessary, take your case to trial to secure the compensation you need to recover and move forward. Don’t navigate the settlement process after a truck accident alone—let The Law Giant fight for the max possible.

Don’t Settle for Less: The Law Giant Wins Big

Securing a full and fair truck accident settlement ensures you’re not left bearing the financial burden of an accident that wasn’t your fault. But your time to file a claim is limited, and you may only get one chance to recover everything you deserve.  At Law Giant Injury Lawyers, our New Mexico attorneys are here to help you secure all the compensation you need to move forward.

We offer free consultations and work on a contingency basis, meaning there’s no fee unless we win your case. Contact The Law Giant at (505) 900-0000 or contact us online to schedule your free consultation and take the first step toward recovery.