Florida trucking accidents and car accidents cause deaths and considerable suffering every year, but they also have a severe impact on victims’ finances. Some experts believe that truck accidents cost more than twenty-four billion dollars annually in damages. Car and truck accidents involving a large commercial truck with two or three trailers average about $117,309 in damages per collision. These costs can include property loss and damage, pain and suffering, medical costs, and lost income as well as related expenses. While insurance is meant to help Florida traffic accident victims deal with the catastrophic costs of truck accidents, in many cases victims are unable to recover all the damages associated with their injuries. Some Florida car accident and truck accident victims face bankruptcy, reduced quality of life and even eviction or foreclosure of their homes due to the financial devastation of a truck accident.
There are many reasons why Florida truck accidents cause this type of financial devastation to insured victims. One reason is that insurance companies sometimes estimate the total costs associated with an injury. In some cases, insurance companies offer a low claims amount, based on immediate medical costs. However, Florida brain injury victims, spinal cord injury victims, and other injury victims may face a long lifetime of reduced earnings capacity as well as considerable medical bills.
As well, insurance companies sometimes underestimate the total costs involved with an injury. For example, they may pay for car damage, immediate medical costs and immediate lost wages without paying for medical devices, long term treatment or specialty treatment. A Florida burn injury victim, for example, may need counseling, a series of expensive skin grafts, and other rehabilitative treatments. However, an insurance carrier may only agree to pay for basic doctor’s visits.
Due to this problem, it is very important for Florida truck accident victims to speak with a good Florida personal injury attorney soon after the accident. Once statements and insurance papers are signed and once a claim amount has been given, it may be too late to pursue a fairer settlement that covers all medical expenses, which is why it is important to contact an attorney first. An initial consultation with a good attorney can at least give a patient a sense of their rights and options.
Another common problem that affects Florida truck accident victims is the amount of time it can take in order to recover damages for an accident. After a Florida truck accident, a patient may immediately face lost income as well as substantial expenses. However, the claims process can take a long time. While waiting for the insurance money, a patient may be facing severe financial stresses. In some cases, insurance companies promise quick payment in exchange for the patient agreeing to a low claims amount. This places the patient in a difficult position: They can have some much-needed money immediately but may still face many tens of thousands of dollars in costs out of pocket.
A good Florida personal injury attorney can help with this, as well. A good attorney can pursue a case aggressively, to make sure that the injured plaintiff gets as much damages covered as possible. A good attorney can also advise a plaintiff who is in financial distress and offer advice about ways to survive financially while a legal claim works its way through the courts.
If you have been injured in a Florida truck accident and are worried about the financial impact of your injuries, contact the experienced and compassionate legal team at the Flaxman Law Group for a free, no-obligation consultation to discuss your case. The team at the Flaxman Law Group has successfully helped thousands of Florida truck accident victims in Miami, Hollywood, Homestead, and surrounding south Florida communities. They may be able to help you by negotiating with insurance companies on your behalf and by aggressively pursuing the fairest claims amount or settlement possible for you.