Owner-Operator Independent Drivers Association (OOIDA) has provided professional truckers with truck insurance coverage for more than forty-three years—since the mid-1970’s. OOIDA claims to be one of the most experienced providers of truck coverage. If you were recently involved in an accident with a truck, you might have learned about the insurance company that covers the truck that was involved in your accident. Like all other insurance companies, OOIDA is dedicated to paying little to nothing to claimants, especially since they claim to prioritize their clients above all else. If you were involved in a truck accident, you might be interested in filing an OOIDA truck accident claim. If so, you must contact our law firm as soon as possible.
Normandie Law Firm is a personal injury firm dedicated to fighting for the rights of all parties affected by truck accidents. It does not matter if you were injured in the accident or if a family member suffered fatal injuries; you can be certain that the dedicated attorneys at Normandie Law Firm will handle your claim efficiently. Do not hesitate—seek legal assistance as soon as possible.
What is everyone asking Our Lawyers?
Most of the victims of truck accidents contact our law firm with many of the same questions. Some of the most common questions asked are listed below:
- What is the average compensation available for victims of truck accidents?
- What is the average settlement of a truck accident claim with OOIDA?
- How much can you receive from OOIDA insurance in case of a truck accident?
- How much is a truck accident case with OOIDA worth?
- What determines the average value of a truck accident case against OOIDA?
As you can see, some of the main questions concern the possible value of a claim. For many victims of truck accidents, seeking legal assistance is a final option. Without a doubt, truck accidents can lead to financial distress in addition to all the physical, mental, and emotional damage to which victims are suffered. The majority of victims want to close this unfortunate chapter of their lives and move on as soon as possible; beginning a claim, for many, represents elongating the time before they can move on. Because of this, some victims of truck accidents will only pursue legal action if the potential payout is promising. If you would like to learn more about the average settlement amounts for truck accident lawsuit against OOIDIA before you decide to file your claim, you must contact our law firm as soon as possible.
The Factors that Affect the Value of Your Claim
There are many factors that could affect truck accident settlement amounts for a truck accident claim with OOIDA insurance. These factors are based on the specific details of your claim. Although there are many factors that could affect how much the truck accident case with OOIDA could be worth, you should be thoroughly familiar with at least the two following factors:
- The limits established by truck insurance coverage—one of the most important factors that could affect the value of your truck accident claim is the policy limit established by the insurance coverage. All trucks, for example, are required to have minimum insurance coverage ranging from $300,000 to $5 million depending on the specific type of truck. If the truck with which you were involved in an accident has up to $2 million in insurance coverage, that amount could be the maximum amount of compensation available for recovery. Therefore, the insurance policy limits establish the amount of compensation that claimants could receive. In many cases, the claim value is worth an amount less than the policy limit, which means that claimants could recover the full amount of compensation. In other cases, the value of the claim surpasses the policy limit; when this happens, the value of a claim might have to be adjusted to adhere to the policy limit. For more information about how insurance policy limits could affect the average settlement value of an OOIDA insurance truck accident lawsuit, you must contact our law firm as soon as possible.
- The injuries sustained in the accident—another of the most important factors that could affect the value of your truck accident claim against OOIDA is the type and severity of the injuries sustained in the accident. Every type of injury is associated with a specific value. For example, you can receive $25,000 for minor injuries, but you could receive $75,000 for moderate injuries. In comparison to minor injuries, moderate injuries often require surgical treatment and some type of physical therapy, creating additional medical costs. Since the value attached to injuries increases along with injury severity, traumatic brain injuries and spinal cord injuries are often attached to high values. For example, mild brain injuries could be valued near $85,000. Similarly, mild spinal cord injuries could be valued near $100,000. If the brain injuries or spinal cord injuries result in cognitive loss or loss of mobility, the injuries could be worth hundreds of thousands of dollars and even millions.
As you can see, the two factors above can significantly affect the value of an OOIDA truck accident lawsuit. However, many other factors can affect the value of your truck accident claim. For a more comprehensive discussion of all the factors of your claim that could affect its value, you must contact our law firm as soon as possible and request to speak with our attorneys.
The Compensation Available for Truck Accident Claims
Are you eligible to receive compensation? Many people prematurely assume that their truck accident claims are not worth much. Your claim’s value might not be obvious to you without the expertise of an attorney, but it could be worth more than you think. You could be eligible to be compensated; however, as mentioned in the previous sections, the value of your claim and the type of compensation you receive is dependent on the specific details of your claims. Although every truck accident claim against OOIDA is different, you might be entitled to recovering some of the following types of compensation:
- Medical bills
- Lost earnings
- Pain and suffering
- Property damage
- Loss of consortium
- Funeral and burial costs
- Punitive damages
For more information about the specific categories of compensation that you could be eligible to receive, you must contact our law firm immediately. Contacting our firm and allowing our experienced attorneys to handle your truck accident claim ensures that you receive the maximum amount of compensation available for your claim. Our OOIDA truck accident attorneys are one-hundred percent committed to your claim and to helping you recover the compensation you deserve. Because of that, our truck accident attorneys will always aggressively and persistently negotiate with OOIDA until you receive the compensation to which you are entitled. For more information about the value of your claim and the compensation that you might receive, you must contact Normandie Law Firm.
Sample Verdicts and Settlements
Below, you could find a few sample verdicts and settlements that should help you identify the relationship between the types of injuries suffered and the value of a claim:
- $40,000—a truck accident led to the victim suffering a concussion, knee injuries, back injuries, and neck injuries.
- $353,000—a truck accident led to the victim suffering a severe brain injury that caused cognitive loss. The victim also suffered shoulder injuries along with post-traumatic stress disorder.
- $650,000—a truck accident led to the victim suffering a severe hip injury along with dislocations of the hip and leg.
- $1.4 million—a truck accident led to the victim suffering severe back injuries.
As discussed in previous sections, the injuries suffered are just one of the many factors that could affect the value of a claim. Therefore, you must seek legal assistance as soon as possible for a thorough evaluation of all the factors that could determine the value of your OOIDA truck accident claim.
Normandie Law Firm
If you were involved in a truck accident and you suffered injuries or a member of your family lost his or her life, you might have grounds to file a claim against OOIDA insurance. If you are interested in filing a truck accident lawsuit, you must seek legal assistance with our experienced truck accident attorneys as soon as possible.
Our firm is dedicated to helping all victims of truck accidents, regardless of economic status. Because of that, we offer free consultations and free second opinions to all victims of truck accidents—allowing for even those who think that they cannot afford legal assistance to contact us. During our free consultations and free second opinions, our experienced truck accident lawyers are available to answer all your questions and all your concerns, meanwhile providing you with all the information necessary for you to pursue your claim against OOIDA insurance. You and your claim might even have been negatively affected by an incompetent attorney. If so, you can trust that our lawyers will do everything within their reach to guide your claim back towards the path to success. Do not continue to hesitate—contact our law firm via email or telephone as soon as possible to request a free consultation or free second opinion.
Our free legal services are available as part of our Zero-Fee guarantee—a guarantee which ensures that our clients never have to worry about paying any upfront legal fees for any of our legal services. Our firm is also strictly based on contingency; therefore, our clients will never pay any legal fees until our attorneys win their claims. If you do not win your truck accident claim, you will not be required to pay any legal fees. Contact us as today—our attorneys are ready to represent you.
