Lancer Insurance Company started as a bus insurance company. Over the company’s last thirty years, Lancer Insurance Company has consistently grown and expanded to include a variety of commercial insurance products. Some of the commercial insurance products available through Lancer Insurance Company include the following: commercial auto, commercial explosives, commercial property and liability, and long-haul trucking, for example. Lancer Insurance Company is available throughout all U.S. states and some U.S. territories.
If you were recently involved in a truck accident with a truck insured by Lancer Insurance Company, you might have recently considered filing a Lancer Insurance Company truck accident claim. Whether you sustained injuries or a member of your family lost his or her life, you might have grounds to file a claim against Lancer Insurance Company to recover the compensation that you deserve.
If you were recently injured in a truck accident, you might be having many questions about your claim, specifically about your claim’s value. How much can you receive from Lancer Insurance Company in case of a truck accident? How much is a truck accident case Lancer Insurance Company worth? What is the average compensation that victims of truck accidents could receive for their injuries? How is the value of your truck accident claim determined?
For answers to these questions and any other questions that you might be having, you must seek legal assistance as soon as possible. The experienced truck accident attorneys at Normandie Law Firm are ready to handle your truck accident claim and help you recover the compensation that you deserve. Our lawyers have many years of experience handling truck accident claims against many insurance companies, including Lancer Insurance Company. If you would like to discuss your claim with the experienced truck accident lawyers at Normandie Law Firm, you must contact our law firm as soon as possible.
Sample Verdicts and Settlements
What is the average settlement of a truck accident claim with Lancer Insurance Company? What payout could you recover? You might have assumed that you could recover something for your claim, but it could be worth a value that you never imagined. The value of your truck accident claim depends on many details; therefore, it could only be determined by an attorney experienced in handling truck accident claims against Lancer Insurance Company. Consider the following sample verdicts and settlements for truck accident claims:
- $40,000—an accident caused by a mechanical issue in a truck resulted in the truck accident that left the victim with head injuries, back injuries, neck injuries, and knee injuries.
- $184,000—a rear-end truck accident resulted in the victim’s lumbar spine injuries.
- $352,000—a multiple-vehicle accident involving a truck which struck the victim’s vehicle resulted in the victim’s traumatic brain injuries (which caused cognitive loss), shoulder injuries, and post-traumatic stress disorder.
- $650,000—a collision with a reckless driver driving a dump truck resulted in the victim’s severe hip and leg injuries.
- $1.4 million—a truck accident caused by a reckless truck driver resulted in the victim’s severe back injuries.
The settlement or verdict available for your will vary depending on the details of your accident. Based on the figures mentioned above, what are the average settlement amounts for truck accident lawsuit against Lancer Insurance Company? Depending on the details of your claim, the value of your claim could be similar or significantly different than the values listed above. Because of that, you should never use past settlements and verdicts to make assumptions about the value of your Lancer Insurance Company truck accident lawsuit. If you would like to further review past verdicts and settlements with our lawyers and learn more about the average value of a truck accident case against Lancer Insurance Company, you must contact our law firm as soon as possible. Our attorneys will provide you with all the information that you need to begin your truck accident claim against Lancer Insurance Company.
The Important Details of Your Truck Accident Claim
As previously mentioned, truck accident claim values can vary significantly. Why do these values vary is the type of accident is the same? Shouldn’t all truck accidents be valued equally? The values associated with truck accident claims depend on many different factors. Because truck accidents occur under different circumstances and have different results, truck accident claims cannot be valued equally. There are many factors that could affect the truck accident settlement amounts for a truck accident claim with Lancer Insurance Company.
One of the most obvious factors that affect the value of a truck accident claim is the injuries sustained during a truck accident. All injuries are associated with a value. For instance, you can receive $25,000 for minor injuries, but you could receive $75,000 for moderate injuries. Severe injuries (such as spinal cord injuries and brain injuries) could be worth $150,000 to $250,000 and even more if these injuries cause paralysis. Since most victims of truck accidents suffer a combination of injuries ranging in severity, the value associated with their injuries does not often belong to just one specific category (mild, moderate, etc.).
Another factor that affects the value of a truck accident claim is comparative negligence. Comparative negligence applies when the victim had some fault in his or her accident and injuries. Consider the following example. There is a truck accident after a truck driver speeds through a red light. The victim was stopped at the intersection waiting for the traffic signal to change. When the light turned green, the victim looked over and saw the truck approaching the intersection at a fast speed. The victim assumed that the truck would come to a stop and entered the intersection. The truck could not stop and impacted the victim’s vehicle. In this situation, comparative negligence might apply considering that the victim saw the truck approaching at a fast speed. Comparative negligence often applies in percentages; therefore, the claimant would not be eligible to recover compensation equivalent to his or her comparative negligence. In other words, comparative negligence could decrease the value of a truck accident claim by a specific percentage.
A factor that is important but often ignored is the policy limit. A policy limit is the maximum amount of coverage available based on the truck’s insurance policy. In general, claimants could only recover compensation equal to or less than the policy limit of the truck’s insurance policy. If the value of the victim’s injury claim surpasses the policy limit, the value of the claim could decrease to stay within the limit.
In addition to the factors discussed above, many other factors could affect the value of a truck accident claim with Lancer Insurance Company. If you would like to learn more about your right to file a truck accident claim and receive compensation after being affected by a truck accident, you must contact our law firm as soon as possible.
Recovering Compensation
As mentioned above, the average settlement value of a Lancer Insurance Company truck accident lawsuit depends on specific details. The details mentioned above and many other details also determine the specific categories of compensation that you are eligible to recover. Although all truck accident claims are different, many claimants are eligible to recover the following categories of compensation:
- Medical expenses: covers all costs associated with your injuries, such as emergency treatment, surgeries, physical therapy, and follow-up care, for example.
- Lost wages: covers the income that you lost as a result of your injuries; applies to both the income you lost and the income you will continue to lose because of your injuries.
- Pain and suffering: covers the mental and emotional distress that you suffered as a result of your accident and your injuries.
- Property damage: covers the loss of property that occurred as a result of your accident (e.g. damage to your vehicle).
- Loss of consortium: often awarded to family members for the loss of ability to have a normal/family relationship with the victim (applies to both deceased victims and seriously injured victims).
- Funeral and burial costs: awarded to surviving family members to cover all expenses associated with death services.
In addition to the types of compensation listed above, claimants might also be eligible to be awarded punitive damages. If you would like to learn more about the specific types of compensation that you could recover for your truck accident claim, you must contact our law firm as soon as possible. Our experienced truck accident lawyers will also provide you with all the information that you need to understand how much the truck accident case with Lancer Insurance Company could be worth. If you are interested in recovering the maximum amount of compensation available for your truck accident claim, you must contact our law firm. Whether our lawyers have to aggressively negotiate with the insurance company or take your claim to trial, you could be certain that our lawyers will always do everything within their reach to ensure that you are rightfully compensated. If you would like to speak with our lawyers about your right to compensation after a truck accident, do not hesitate to contact our firm as soon as possible.
Why You Need an Attorney
Do you really need an attorney to handle your truck accident claim against Lancer Insurance Company? Many injured victims decide to handle their claims independently only to later find that the insurance company is either undervaluing the claim or simply not taking it seriously. When you hire an attorney, you will have someone aggressively fighting for your right to recover compensation. If you are unrepresented, insurance companies are likely to prolong the process in efforts to make you drop the claim. Insurance companies are also likely to deny claims because claimants without legal representation often fail to take further action or appeal denied claims. When you hire an experienced truck accident lawyer to handle your injury claim, you can be certain that their will always be someone fighting for your best interests. Our truck accident lawyers will do everything within their reach to ensure that your claim is successful and that you recover the compensation that is rightfully yours.
Normandie Law Firm
If you are in need of legal assistance after an unfortunate truck accident, you must contact Normandie Law Firm and request to speak with our experienced attorneys. At Normandie Law Firm, you could speak with our lawyers without ever having to worry about paying any expensive fees to get information. Our firm offers free consultations and free second opinions to all victims of truck accidents. During our free consultations and free second opinions, our lawyers will be available to answer all your questions, address all your concerns, and provide you with all the information relevant to your truck accident and pursuing a truck accident claim. If your claim has been previously handled by an incompetent attorney, our lawyers will do everything within their reach to redirect your claim and help you recover the compensation that you deserve.
Our free consultation and free second opinions are available as part of our Zero-Fee guarantee, a guarantee which ensures that our clients never have to pay upfront legal fees. Our firm is also based on a strict contingency structure; therefore, you will not pay unless you win. If you would like our lawyers to handle your truck accident claim, contact us today.
