Thousands of trucks travel through the Tampa area every day, and these large commercial vehicles play an important role in Florida’s economy. However, due to their large size and weight, these vehicles can actually cause significant damage if involved in an accident with a smaller vehicle.
If you are struggling with injuries you suffered as a result of the negligent or reckless actions of a truck driver, you could have a rightful claim to financial compensation. It might be appropriate to seek these damages through a civil claim, but it is also possible to do through settlement negotiations.
When is settling the right choice?
It can be difficult to know if you should accept a settlement offer from a trucking company or its insurance provider. These companies do not have your best interests in mind. Settlement offers likely come from the desire to avoid litigation and the bad publicity that could come from a trial, not a genuine desire for you to recover from your accident.
While these offers may seem tempting, in reality, they might not reflect the true value of your case or the amount you will need for your recovery in the future. Some factors to consider after receiving a settlement offer include the following:
- It is possible that you could win more through litigation than you could through a settlement.
- You have the right to negotiate the terms of your settlement and even employ alternate forms dispute resolution if necessary.
- If you accept a settlement, you may be relinquishing your right to pursue further compensation through a personal injury claim.
- A settlement means there will be no trial, which means that the liable party will not have to face public accountability.
When thinking about a settlement and your post-accident recovery, it is beneficial to think about more than just your immediate needs. You would be wise to also think about your future needs and the amount you may require for continued care.
Finding a way to move forward
Whether through litigation or a settlement, you have the right to seek a beneficial outcome to your case. You are entitled to a full and fair recovery if you suffered because of another party. After a truck accident, it could be helpful for you to first seek a full evaluation of your case. This can help you understand your legal options and the most appropriate way to proceed.