National Truck Underwriting Managers, founded in 1978, is a specialty insurance company focused only on providing truckers and trucking companies with reliable truck insurance. National Truck Underwriting Managers insurance is headquartered in Bloomington, Minnesota. From here, as well as from the other four locations throughout the country, Nat’l Truck Underwriting Mgrs. Provides truck insurance to forty-four states.
If you were recently involved in a truck accident with a truck insured by Nat’l Truck Underwriting Mgrs. insurance, you might have grounds to file a National Truck Underwriting Managers truck accident claim. If you suffered injuries or if a member of your family lost his or her life in a truck accident, you have the right to file a Nat’l Trucking Underwriting Managers truck accident lawsuit. If you have considered the possibility of filing a lawsuit for your truck accident, you might have asked yourself some of the following questions:
- Could victims of truck accidents be compensated?
- What is the average compensation available for truck accident claims?
- How much can you receive from a National truck Underwriting Mgrs. in case of a truck accident?
- How much is a truck accident case with Nat’l truck Underwriting Mgrs. insurance worth?
- What details affect the payout that you could receive for your truck accident?
- Is seeking legal assistance necessary to recover compensation?
Like you, many of the victims of truck accidents who seek legal assistance with our law firm are concerned about the value of their claims. Since truck accidents often leave victims struggling with physical, emotional, mental, and economic distress, it is normal for victims to inquire about the potential value of their claims. If you would like to learn more about the average value of a truck accident case against National truck Underwriting Managers insurance, you must seek legal assistance with the attorneys at Normandie Law Firm as soon as possible.
Normandie Law Firm is a personal injury law firm dedicated to fighting for the rights of all parties affected by truck accidents. If you or a member of your family were affected by a truck accident, you must contact our firm as soon as possible. Our attorneys have many years of experience handling truck accident claims against insurance companies. Our expert lawyers are ready to aggressively fight for your right to sue and be compensated after a truck accident.
What Affects Truck Accident Claim Values?
Before you can understand the average settlement amounts for truck accident lawsuit against Nat’l truck Underwriting Mgrs., you must gain a thorough understanding of all the factors that could affect the value of a claim. These factors, upon evaluation, determine the average settlement value of a Nat’l Truck Underwriting Mgrs. Some of these factors include the following: state limits on non-economic damages, comparative negligence, lost earnings, injuries sustained, insurance policy limits, and property damage, to name a few. A few of the most important factors are further described below:
- What injuries did you suffer? The types of injuries that you sustain during your truck accident are essential for determining the value of your claim. Since all injuries are associated with a specific value or value range, the injuries sustained are relevant to the average settlement value of a Nat’l truck Underwriting Mgrs. insurance truck accident lawsuit. For example, you can receive $75,000 for moderate injuries that required surgical treatment, but you could receive $25,000 for minor injuries. A traumatic brain injury could be valued beginning at $85,000. A spinal cord injury could be valued beginning at $100,000. Some injury severity results in associated values of hundreds of thousands of dollars or, possibly, millions.
- What insurance coverage does the truck have? The value of your claim also depends on the insurance coverage for the truck involved in the accident. Trucks are federally required to have insurance coverage minimums ranging from $300,000 to $5 million depending on the type of truck and its risk level. Therefore, truck insurance coverage is often within the same ranges. The total insurance coverage carried by the truck involved in the accident sets a policy limit. In other words, claimants could only receive up to the amount established by the policy limit. For example, if the policy limit is $950,000, claimants would only be eligible to recover up to that amount from the insurance company. Therefore, if the value of your claim exceeds the policy limits, your claim’s value could be affected.
- Were both parties involved negligent? When only the defendant was negligent in causing the accident, the claimant is eligible to recover the full value of the claim. However, if the victim is found to be comparatively negligent, then the amount the claimant could recover might be decreased. Comparative negligence is based on percentages; therefore, if a victim is found to be 10% negligent for his or her injuries, the claimant would only be eligible to recover the remaining 90% of the value of the claim. Since comparative negligence in every claim varies, you should speak with an attorney as soon as possible.
For more information about these factors and the other factors that could affect the value of your truck accident claim against National truck Underwriting Managers insurance, you must contact the attorneys at Normandie Law Firm as soon as possible.
What Specific Compensation Could You Recover?
Do you believe that you deserve compensation? Unfortunately, many claimants doubt the value of their claims, but it could be worth hundreds of thousands of dollars or even millions. Why are you being compensated? For many claimants, the reasons behind recovering compensation remain unclear; because of that, it is helpful to understand the different categories of compensation. The compensation that is available after truck accidents is often separated into the following categories:
- Death benefits
- Loss of consortium
- Lost income
- Medical expenses
- Pain and suffering
- Property damage
- Punitive damages
As you can see, there are many categories of compensation available for recovery. You might also notice that some of the categories of compensation only apply under specific circumstances (such as death benefits if the truck accident results in a fatality). Only an experienced truck accident attorney could evaluate your claim and clarify what categories of compensation apply to your claim. When you contact our law firm and allow our truck accident legal experts to handle your claim against National Truck Underwriting Managers, you can trust that our attorneys will always fight for the value of your claim. Our experienced lawyers understand the value of your claim and the importance of ensuring that you recover the full value of your claim. Because of that, our lawyers will always persistently negotiate with the insurance company to make sure that you recover the compensation to which you are entitled.
What are some Past Verdicts and Settlements for Truck Accidents?
If you are considering the possibility of recovering compensation from your truck accident claim against National Truck Underwriting Mgrs., you might be interested in reviewing some of the past verdicts and settlements that have been achieved for truck accident claims. Below, there are a few examples of past verdicts and settlements for truck accidents:
- $40,000—the victim suffered minor head, back, neck, and knee injuries.
- $50,000—the victim suffered soft tissue injuries of the neck and back, as well as many other injuries which included shoulder injuries, knee injuries, and chest injuries.
- $352,000—the victim suffered a traumatic brain injury that resulted in cognitive loss and post-traumatic stress disorder after being involved in a truck accident.
- $430,000—the victim suffered shoulder injuries, hand injuries, and wrist injuries, all requiring surgical treatment.
- $650,000—the victim suffered a fractured hip wall and multiple dislocations as a result of a truck accident.
- $743,000—the victim suffered severe back injuries after being rear-ended by a truck.
- $1.03 million—the victims, a married couple, suffered severe eye injuries and hip injuries among many other injuries.
- $1.05 million—the victim suffered a broken leg which required multiple complex surgeries.
- $2.9 million—the victim suffered fatal injuries after being struck by a dump truck and being dragged under the truck for over 100 feet.
As you can see, the values exemplified above for past verdicts and settlements significantly vary. You might have also noticed that only minimal details are provided. In most cases, only the types of injuries sustained in the truck accidents are revealed. Since none of the other factors relevant to the value of the claim are mentioned in the sample verdicts and settlements, the samples should not be used as a reference to estimate the value of your claim. Rather, you should seek legal assistance as soon as possible to discuss the average settlement of a truck accident claim with Nat’l truck Underwriting Mgrs. and the potential value of your claim.
Normandie Law Firm—Truck Accident Lawyers
If you were injured in a truck accident, you must seek legal assistance as soon as possible. If you do not seek legal assistance with a sense of urgency, you could lose your right to file a lawsuit and be compensated. Do not hesitate to contact our law firm and request to speak with our attorneys. Our experienced truck accident lawyers have handled many claims against Nat’l Truck Underwriting Mgrs., and they are ready to represent you and help you recover the compensation you deserve from this insurance company.
Normandie Law Firm prides itself on being accessible to all parties affected by truck accidents. You might believe that you cannot afford legal assistance and might be hesitant to contact our law firm. However, our law firm provides free consultations and free second opinions to ensure that you, and any other victims of truck accidents, can contact our law firm without having to worry about legal expenses. During our free consultations and free second opinions, our experienced lawyers are available to answer all your questions, address all your concerns, and provide you with all the information you need to file your lawsuit and be rightfully compensated. Even if you and your claim were affected by an incompetent attorney, you can trust that our legal team will not rest until you are on the way towards recovering the compensation that you deserve. If you are interested in a free consultation or free second opinion to discuss your claim against Nat’l Truck Underwriting Managers, you must contact our law firm and request to speak with our attorneys immediately.
Our free legal services are available because of our Zero-Fee guarantee—a guarantee that ensures that our clients never have to worry about paying any upfront legal fees for any of our legal services. The same guarantee also establishes our strict contingency status. Because of our contingency status, you will only be required to pay legal fees if our attorneys win your truck accident lawsuit against National truck Underwriting Managers insurance. Do not hesitate—contact our law firm to learn more about how much the truck accident case with National truck Underwriting Managers could be worth and to begin your legal process as soon as possible.
