Auto Owners Insurance Company was founded in 1916. Headquartered in Michigan, Auto Owners Insurance Co provides insurance coverage to approximately three million policyholders throughout twenty-six states. Over the years, Auto Owners Insurance Company has been recognized nationally and received many awards as well as a superior rating. Auto Owners Insurance is also recognized for being one of the major insurance providers for commercial autos, such as trucks.
If you were recently involved in a truck accident, there is a possibility that the truck that caused your accident was insured by Auto Owners Insurance Co. If so, you might have recently learned about your right to file an Auto Owners Insurance Co truck accident claim. If you or a member of your family was harmed in a truck accident with a truck with an Auto Owners Insurance Co insurance policy, you must seek legal assistance as soon as possible.
You might be asking yourself some of the following questions:
- Are victims of truck accidents eligible to be compensated?
- How much can you receive from Auto Owners Insurance Co in case of a truck accident?
- How much is a truck accident case with Auto Owners Insurance Co worth?
- What is the average compensation available for the affected parties to recover?
- What determines the payout that victims and their families are eligible to receive?
- Do the details of the truck accident affect the value of the claim?
If you need answers to your questions, you must seek legal assistance as soon as possible. The truck accident attorneys at Normandie Law Firm are ready to represent you and fight for your right to receive compensation for your Auto Owners Insurance Co truck accident lawsuit. The truck accident lawyers eat Normandie Law Firm have spent many years committed to helping the victims of truck accidents. It does not matter if you suffered injuries or if a member of your family was killed; our attorneys will fight for your right to sue.
Why Should You Fight to be Compensated?
Undeniably, monetary compensation cannot and will not miraculously rid you and your family of the devastating effects of the truck accident. Although compensation cannot reverse the damage created by a traumatic truck accident, it can help victims and their families deal with the difficulties created by the accident. If you suffer a truck accident and sustain injuries, you could lose your ability to work. Even if you only lose your ability to work temporarily, you could quickly fall into debt and be forced into bankruptcy. How would you pay for your medical expenses? How would your family make ends meet? In many cases, the deceased victim was once the sole provider for his or her family. In those cases, surviving family members must suddenly find ways to make ends meet after suddenly losing their only source of financial support. Monetary compensation will help you and your family to overcome this difficult chapter in your lives. If you are ready to fight for your right to be compensated, you must contact our law firm as soon as possible.
The Factors that Determine the Value of Your Truck Accident Claim
What determines the truck accident settlement amounts for a truck accident claim with Auto Owners Insurance Co.? Although it would be simpler for all truck accident claims to be valued equally, it would be impractical. Instead, every truck accident is valued based on specific claim details. There are many factors that influence the value of a truck accident claim, some of which are discussed below:
- Policy limits—insurance policy limits are the most influential details in determining the value of a claim. A policy limit determines the damages that could be covered in case of an accident. For example, if you are involved in an accident with a truck that has a policy limit of $600,000, that amount is the highest amount you could receive after you make your claim. If your truck accident claim is valued higher than the policy limit, the value of your claim is likely to be decreased.
- Injuries—the injuries sustained during the truck accident are also influential in determining the value of a truck accident claim. All injuries are associated with a specific value. For example, you can receive $25,000 for minor injuries and up to $75,000 for moderate injuries. Minor spinal cord injuries could be worth up to $100,000, but it could be worth millions if the spinal cord injury results in paralysis. Likewise, brain injuries could be worth up to $250,000, but you could receive millions if the victim suffers from cognitive loss or other severe side effects. Since truck accident victims often suffer a variety of injuries, the final amount for injuries that is used to determine the value of a claim is often comprised of multiple injuries.
- Comparative Negligence—the value of a claim can also be affected by comparative negligence. Comparative negligence is a percentage that establishes the victim’s liability or contribution to his or her accident and, subsequently, injuries. If a victim is found to be comparatively negligent, he or she will be ineligible to receive the percentage of compensation equivalent to his or her percentage of comparative negligence. For example, your claim could be worth $500,000, but you could receive $400,000 if you are found to be 20% comparatively negligent. If you are found to be comparatively negligent for your accident, the compensation available for recovery would likely decrease.
In addition to the three factors discussed above, many other factors could affect the value of your truck accident claim. For more information about the different factors that could affect the average settlement value f an Auto Owners Insurance Co truck accident lawsuit, you must contact Normandie Law Firm as soon as possible.
Sample Truck Accident Verdicts and Settlements
What is the average settlement of a truck accident claim with Auto Owners Insurance Co.? If you are interested in filing a claim and being compensated, it is normal to want to know as much as possible about the average settlement amounts for truck accident lawsuit against Auto Owners Insurance Co. Every truck accident claim is different; because of that, the value of truck accident claims often vary. The value of a lawsuit with a death in the family or the death of a loved one is usually over $1,000,000. The worth of a truck accident case with permanent injuries like paralysis or severed limbs may easily top $500,000. However, some cases can result in the same exact injuries with different results – your case may be worth $150,000 because of various medical treatments while someone else’s could be valued at less than $75,000 because of his part in the accident and his degree of negligence.
In the list below, you will find many examples of past verdicts and settlements for truck accident claims:
- $110,000—a young man suffers shoulder and back injuries after being struck by a truck.
- $400,000—a woman suffered back injuries, foot injuries, toe injuries, knee injuries, and neck injuries after being struck by a truck.
- $743,000—the victim suffered back injuries after being struck by a truck.
- $805,000—a woman is struck and killed by a truck.
- $1.03 million—two victims were injured after their vehicle was struck by a truck; they sustained lower-body injuries, fractured bones, and a severe eye injury.
- $1 million—a young boy was struck and killed by a truck.
- $1.05 million—a woman suffered severe leg injuries after being struck by a truck.
- $1.55 million—a young man was struck and killed by a truck.
- $2.88 million—a man is struck and killed by a truck.
As you can see, the values associated with the truck accident claims vary. Although only the injuries sustained are revealed in the list, there are many other factors that influence the claims’ value. Because of that, you should only trust the expertise of an experienced truck accident lawyer to provide you with more information about the average value of a truck accident case against Auto Owners Insurance Co. based on the details of your claim.
The Compensation Available for Recovery
As mentioned in the section above, you might be eligible to be compensated for the harm you or a member of your family suffered due to a truck accident. If you are determined to fight for your right to be compensated, you must contact our truck accident law firm and allow our attorneys to handle your claim. Our experienced truck accident attorneys will fight for your right to recover the following categories of compensation:
- Medical expenses
- Lost income
- Pain and suffering
- Property damage
- Loss of consortium
- Funeral costs
- Burial costs
- Punitive damages
No matter the specific categories of compensation that you might be eligible to receive, our attorneys will always do everything within their reach to ensure that you recover the maximum amount of compensation available for your truck accident claim against Auto Owners Insurance Co. Our truck accident lawyers are ready to aggressively negotiate with Auto Owners Insurance Co. until we reach a fair settlement offer. If the insurance company fails to make a settlement offer, our attorneys will not hesitate to file the lawsuit and take them to trial—to ensure that your claim reaches a just verdict. If you are ready to receive the compensation that you deserve, contact our law firm as soon as possible.
Normandie Law Firm’s Truck Accident Lawyers
Normandie Law Firm is a personal injury law firm dedicated to fighting for the rights of victims and their families after being affected by unfortunate truck accidents. If you or a member of your family were harmed after being involved in a truck accident, you must contact our law firm as soon as possible and allow our attorneys to provide you with all the information you need to pursue your truck accident claim against Auto Owners Insurance Company. To ensure that all parties affected by truck accidents have access to our legal expertise, our law firm offers free consultations and free second opinions. During our free consultations and free second opinions, our experienced attorneys will be available to answer all your questions and address all your concerns—including those regarding what the truck accident case with Auto Owners Insurance Co could be worth. Whether you are interested in starting your legal process or you would like to reverse the confusion created by an incompetent lawyer at another law firm, you can trust that our attorneys will guide you through your claim against Auto Owners Insurance Company.
Our free legal services are available because of a Zero-Fee guarantee—a guarantee that our clients will never be required to pay any legal fees. Our firm is also strictly based on contingency, so our clients—the unfortunate victims of truck accidents—will not be required to pay any legal fees until after our attorneys win their claims. If our truck accident attorneys do not win your claim, you will not be required to pay legal fees. Do not hesitate—contact the attorneys at Normandie Law Firm as soon as possible.
