UPS Truck Accident Settlement Amounts
Truck accidents are a type of personal injury case. If the accident results in a fatality, it could be a wrongful death case. No two cases like these will have identical settlements since no two will have identical plaintiffs. Each plaintiff will have unique variables that determine the monetary value of their potential recoverable damages.
Recent UPS truck accident settlement amounts reflect the varying amounts of recoverable damages awarded to injured parties and surviving families. If you were injured in a collision involving a UPS truck, a personal injury lawyer can determine the potential value of your case. They can also help you effectively navigate the personal injury system and steer your case toward a settlement versus a trial.
How Monetary Settlement Amounts are Calculated in UPS Truck Accident Cases
Settlements vary greatly from one personal injury case to another. In general, financial compensation is based on accumulated medical bills and the value of all income losses. It will also include the costs of repairing or replacing damaged property and a variety of non-economic damages, including pain and suffering.
A truck accident lawyer will assess a range of wrongful death damages for the families of truck accident fatalities. Wrongful death damages can include the costs of making the decedent’s final arrangements and the family’s losses of financial and domestic support.
What Factors Affect a UPS Truck Accident Settlement Amount?
Specifically, your potential compensation will depend on the extent of your injuries and how they will affect you going forward. This includes their effect on both your professional and personal life.
For example, if you suffer from a permanent impairment, you may not be able to return to work. Even if you can, you may have to perform light-duty work, which could cause you to earn less than your pre-injury income. If this is the case, your injuries will warrant awards for reduced earning capacity. You may be able to make up the difference between your pre-injury income and what you can now earn.
Similarly, if your injuries prevent you from enjoying the hobbies or daily activities you once enjoyed, this would also warrant compensation. For example, you may receive awards for reduced quality of life. If you need home modifications to help you cope with your injuries, you can also seek compensation for this expense, as well.
UPS Truck Accident Statistics in the U.S.
The Federal Motor Carrier Safety Administration (FMCSA) offers statistics on UPS truck accidents between 2021 and 2022. Their research cites the following accident outcomes:
- 1814 resulting in vehicles requiring towing
- 1018 accidents that resulted in injuries
- 69 accidents that resulted in fatalities
UPS uses a variety of truck sizes ranging from 32,000 to 68,000 pounds. In a collision with an average-sized passenger car, SUV, or pickup truck, the occupants of the smaller vehicles are at greater risk of sustaining serious injuries.
How Long Does it Take to Reach a Settlement After a UPS Truck Accident?
No one can predict how long it will take to settle a personal injury case against UPS. Just as no two financial awards are exactly the same, no two cases follow a formulaic settlement timeline. Factors that affect your specific settlement negotiation process can include:
- The number of back-and-forth rounds of negotiation
- The time it takes to receive and consider each offer
You, too, play a role in the amount of time it takes to settle your case because the final decision to accept an offered settlement is yours, not your lawyers, to make.
The Importance of Medical Treatment After a UPS Truck Accident
The best way you can protect your right to seek fair compensation is by seeing a doctor after a UPS truck accident. Your truck accident lawyer will need to use your medical records to establish your losses. Your doctor’s prognosis would be paramount when it comes to calculating future medical expenses, for example.
You should also make sure you follow through with your medical treatment. The last thing you want is for an insurer to argue that you contributed to your losses. Seeing your doctor will also help you make your maximum medical recovery. You deserve access to needed medical care, and our legal team wants to fight for you to have it.
Our Law Firm Will Pursue Financial Compensation After a UPS Accident
Laborde Earles was founded in 2014 and has more than 350 years of combined personal injury experience. If you or someone you or a loved one suffered injuries in a UPS truck accident, our law firm will help you build a solid case for financial compensation.
Learn more about potential UPS truck accident settlement amounts and our commitment to achieving the best possible outcome for you and your family. Call us today, and we can get to work immediately.
