Never Accept a “Fast” Settlement After a Truck Accident

by Staff Blogger | July 9th, 2020

If you’ve been involved in a truck accident, you know how frightening, painful, and disabling it can be. Big commercial tractor-trailers outweigh even the largest pickup trucks and SUVs by tens of thousands of pounds, making serious injuries in these accidents far more likely to occur than in most other types of collisions.

In addition to the increased risk of injuries, the trucking industry is strictly regulated. When a crash occurs, there’s a good chance at least one party connected to the truck—whether it was the driver, owner, or the company using it—can be held liable. And in many cases, multiple parties may be considered at fault.

Combine that with serious injuries and it means victims are often in line with big paydays. Insurance companies know that, and the last thing they want to do is pay victims the money they’re truly owed. When they know they can’t deny a claim, they seek to reduce it. And the first thing they do is offer victims upfront compensation just days after crashes occur.

It may seem tempting to accept a five-figure or greater settlement without having to call a lawyer, especially when you need compensation right away. But doing so means you can’t pursue additional money down the road. And for many victims, the expenses they face shortly after their accidents are just the beginning.

It’s important to always discuss your crash and your options with an experienced Roanoke truck accident lawyer. Call the legal team at Skolrood Law Firm today to find out your best move. We’re here to help.