State National Insurance Company is part of State National insurance—which consists of five separate insurance companies. State National Insurance boasts of an “A” or excellent rating by a recognized insurance industry rating organization. State National Insurance Co. provides commercial auto insurance for businesses and independent truck drivers. If you were involved in a truck accident, there is a possibility that you must file a claim against State National insurance. If so, you must seek legal assistance as soon as possible.
If you are interested in filing a State National Insurance Co. truck accident claim, you must seek legal assistance as soon as possible. You might be asking yourself many of the following questions:
- Could injured victims sue and receive compensation?
- What is the average compensation available for truck accident claims?
- What are the average settlement amounts for truck accident lawsuit against State National Insurance Co.?
- How much is a truck accident case with State National Insurance Co worth?
- How much can you receive from State National insurance in case of a truck accident?
If you find that you are asking yourself any of the questions listed above, you must seek legal assistance as soon as possible with the attorneys at Normandie Law Firm. Normandie Law Firm is a personal injury law firm dedicated to helping all parties victimized in truck accidents. Our experienced truck accident attorneys can provide you with all the information you need to gain a better understanding of the potential value of your claim. Our attorneys will give you the legal guidance you need to reach a successful claim outcome.
The Importance of Injuries and Policy Limits
Two of the most important factors that affect truck accident settlement amounts for a truck accident claim with State National Insurance Co are the types of injuries sustained and insurance policy limits. There are specific values associated with both injuries and insurance policies which can impact the value of your truck accident claim.
For example, minor injuries could be worth up to $25,000. A broken leg that required only minor treatment or surgery can be worth from $10,000 to $15,000. Injuries that result in paralysis can be worth up hundreds of thousands of dollars. For example, you can receive $500,000 for paraplegic injuries, but you could receive $770,000 for quadriplegic injuries. The value of injuries is determined based on the expenses of treatment and follow-up care.
Policy limits can greatly affect the value of a claim. Policy limits are equivalent to the maximum coverage available through insurance policies. Trucks are required to have insurance policies with minimum $300,000 to $5,000,000 in coverage depending on the type of truck and its risk level. In other words, policy limits establish the highest amount of compensation available for recovery. If you are involved in a truck accident that has a $5,000,000 policy limit, you could receive up to $5 million in compensation. Therefore, if your claim is valued at any amount under $5 million, you could likely recover the full amount of compensation. If you are involved in an accident with only $850,000 in policy coverage but your claim is valued at $900,000, you would not be eligible to receive the full value of your claim; rather, the value of your claim would be adjusted to adhere to the policy limit. For more information about how much the truck accident case with State National Insurance Co insurance could be worth, you must speak with our attorneys as soon as possible.
The Other Factors that Affect Claim Value
Based on injuries alone, the value of a claim could be significant; but it could be worth more after evaluating all the other details of the claim. Some of the other factors that are examined to determine claim value include lost income, property damage, and emotional distress, for example. In some states, there could also be limits placed on the compensation that could be recovered. In those cases, verdicts and settlements often have to be adjusted to adhere to the specific state limits. For more information about the many factors that determine the value of your claim, you must contact us today.
Sample Verdicts and Settlements
It is unlikely that any two truck-accident claims that occur under very similar circumstances result in similar verdicts or settlements. Since there are so many factors that affect claim value, even the smallest of details can drastically affect the value of a claim. Your case may be worth over $1,500,000 if a loved one passed away, for example, and your case is generally worth over $100,000 if your injuries caused you to miss days of work and required numerous medical treatments. If your future career choices were also impacted, your lawsuit may, at times, be valued at over $250,000. Lawsuits featuring minor injuries that heal quickly seldom settle for more than $50,000.
Consider the following sample verdicts and settlements:
- $1 million—the victim was struck and killed by a truck while she was walking.
- $1 million—the victim was struck and killed by a truck that ran a stop sign.
- $1.05 million—the victim suffered a broken leg which required two separate surgeries to treat.
- $1.5 million—the victim was struck on the side of the road as he was tending to his stalled vehicle. The truck that struck him veered off the road and into the shoulder.
- $2.8 million—the victim was struck and killed by a dump truck in a construction site.
- $50,000—the victim suffered many injuries, including soft tissue back and neck injuries, chest bruising, shoulder injuries, and knee injuries, after being rear-ended by a delivery truck.
- $743,000—the victim suffered severe back injuries after being rear-ended by a truck.
- $805,500—the victim was struck and killed by a delivery truck as she was moving in her motorized wheelchair.
Did any of the verdicts and settlement amounts repeat themselves? If the sample verdicts and settlements were similar, did the claim details appear to be similar? Settlements and verdicts are ever-changing. Do not assume that your claim is worth a specific amount without having thoroughly discussed the average settlement value of a State National Insurance Company truck accident lawsuit and the potential value of your claim.
The Compensation Available for Truck Accident Claims
As described in the sections above, there are many factors that determine the average settlement of a truck accident claim with State National Insurance Co. The same factors discussed above determine the specific categories of compensation that claimants are eligible to receive. In many instances, claimants are eligible to recover the following categories of compensation:
- Medical bills
- Lost wages
- Pain and suffering
- Property damage
- Loss of consortium
- Wrongful death benefits
- Punitive damages
Being familiar with the different categories of compensation ensures that claimants know exactly why they are receiving compensation. As you can see, there are many categories of compensation available for recovery; however, you should not assume that you could be awarded all the categories of compensation mentioned above. Since the compensation you receive depends on the details of your claim, you should speak with our attorneys to get a better understanding of the average value of a truck accident case against State National insurance. Our attorneys are here to help you recover the maximum amount of compensation for your truck accident claim.
Truck Accident Lawyers at Normandie Law Firm
If you were involved in a truck accident, you might have the right to receive a payout. You must seek legal assistance as soon as possible to learn about the average compensation that you might be eligible to receive for your State National Insurance Co. truck accident lawsuit. You have the right to sue and be compensated for the many injuries you sustained during the accident. If a member of your family lost his or her life as a result of the truck accident, you could also file a claim and receive compensation. No matter the details of your truck accident claim, you can trust that our lawyers will incessantly fight for you until you are compensated. You must contact our law firm as soon as possible.
Normandie Law Firm is dedicated to the victims affected by truck accidents. Victims of truck accidents often worry about not being able to afford legal assistance. However, our law firm consistently ensures that our legal services are accessible to all. Our firm offers free consultations and free second opinions to all parties affected by truck accidents. During our free consultations and free second opinions, our experienced attorneys make all the information about truck accidents and average values available to you. Our attorneys are available to answer all your questions and address all your concerns. If you were affected by an incompetent attorney, our attorneys will focus on clarifying all doubts and confusion with which you might be struggling. Do not hesitate to contact our law firm—whether you are in need of a free consultation or free second opinion, you can trust our attorneys to represent you.
Normandie Law Firm’s Zero-Fee guarantee ensures that our free consultations and free second opinions remain available for all clients. Because of our Zero-Fee guarantee, you will never be required to pay any upfront legal fees for any of our legal services. Our Zero-Fee guarantee also establishes our strict contingency status; therefore, you will not pay any fees until after you have been compensated. If you do not win your claim, you will not be required to pay. If you are interested in filing a State National Insurance Co truck accident claim, you must contact Normandie Law Firm as soon as possible.
