Hallmark Insurance Company is a well-known insurance company with an A- rating from an independent insurance rating agency. The insurance company was incorporated in 1987 and continues to be a reliable and fast-growing insurance provider. Hallmark is known for its advanced commercial coverage—including coverage for trucks and other commercial vehicles.
If you were recently involved in a truck accident, you might have grounds to file a Hallmark Insurance Company truck accident lawsuit. If so, you might be interested in speaking with our experienced attorneys and learning more about the average settlement value of a Hallmark Insurance Company truck accident lawsuit. If you have already considered the possibility of filing your claim and being compensated, you might have assumed your claim’s value, but it could be worth a lot more than what you assumed. For more information about the potential value of your truck accident claim, you must contact Normandie Law Firm as soon as possible.
Normandie Law Firm is a personal injury law firm dedicated to fighting for the rights of all the parties affected by truck accidents. Our lawyers have dedicated many years of their careers fighting for those affected by devastating truck accidents. Over the years, our lawyers have continued expanding their experience handling claims against a variety of insurance companies, including Hallmark insurance. If you would like to speak with our attorneys about the potential value of your claim, you must contact our law firm immediately.
The Importance of Your Claim’s Value
If you were recently involved in a truck accident, you have likely spent some time considering the possibility of filing a claim against hallmark Insurance Company. If so, you might have asked yourself some of the questions below:
- Are victims of truck accidents eligible to receive compensation?
- How much can you receive from Hallmark Insurance Company in case of a truck accident?
- How much is a truck accident case with Hallmark Insurance Company worth?
- What determines how much the truck accident case with Hallmark Insurance Company could be worth?
If you have asked some of the questions above after your truck accident, you are not alone. The majority of parties affected by truck accidents ask similar questions to the ones listed above. Why is the value of a truck accident claim so important? Unfortunately, truck accidents often result in almost immediate financial difficulties. Victims and their families are left with expensive medical bills and a series of other unexpected expenses. Most families in this situation are forced to spend their savings and use credit cards to make ends meet. Sooner or later, the affected families go into debt. If you and your family suffered financial difficulties after a truck accident, filing a claim and fighting for the right to be compensated could be the only way to alleviate your financial difficulties. At Normandie Law Firm, our attorneys are dedicated to helping you recover the compensation to which you are entitled. Do not hesitate to contact our law firm as soon as possible to begin your legal process against Hallmark Insurance Company.
Sample Truck Accident Claim Values
Without a doubt, if you were involved in a truck accident, you have considered the potential value of your claim. You might be interested in learning more about past truck accident claim values. If so, you could benefit from reviewing some of the past verdicts and settlements listed below:
- $50,000—the victim suffered back and neck soft tissue injuries, shoulder injuries, knee injuries, headaches, and chest bruises as a result of a truck accident.
- $110,000—the victim suffered injuries to both his shoulder and back after being involved in a truck accident.
- $375,000—the victim suffered injuries to her finger and clavicle after a truck accident.
- $400,000—the victim experienced toe injuries, neck injuries, knee injuries, foot injuries, and back injuries after the truck accident.
- $743,000—a woman riding as a passenger in a vehicle suffered from multiple back injuries after being involved in a truck accident.
- $805,500—the victim was struck and killed by a delivery truck.
- $1 million—a child was struck and killed by a truck.
- $1.03 million—the victim suffered a variety of injuries after being involved in a truck accident. Some of the injuries included a severe eye injury, a hip injury, and many other injuries to their lower bodies.
- $1.05 million—the victim suffered severe leg injuries that required multiple surgeries.
- $2.8 million—the victim was struck and killed by a dump truck.
Determining the Value of Your Claim
What determines the average settlement of a truck accident claim with Hallmark Insurance Company? If you were recently involved in a truck accident, you might be anxious to learn more about your claim’s potential value. You might also have many questions about the payout that you could receive for your Hallmark Insurance Company truck accident claim. There are many factors that influence the value of your claim. Some of these factors are listed below:
- Injuries—many people mistakenly believe that the injuries sustained during a truck accident are the sole factors responsible for determining the value of a claim. Although the injuries suffered are important to the value of a claim, they only account for a portion of the claim’s value. All injuries are associated with a monetary value (this value is usually associated with the cost of treatment). For example, you can receive $25,000 for minor injuries, but you could receive $75,000 for more moderate injuries. Spinal cord injuries could be worth up to $150,000, and traumatic brain injuries could be worth up to $250,000. In general, the value of an injury will increase as its severity and impact on the victim also increases. For example, both spinal cord injuries and traumatic brain injuries could be worth millions of dollars in the victim is left with paralysis, cognitive impairments, and in need of living assistance. Because the victims of truck accidents often suffer a variety of injuries, the value associated with injuries is inclusive of all the injuries sustained.
- Policy limits—a policy limit is the maximum amount of coverage available after an accident. A policy limit establishes how much a claimant could recover from the insurance policy. If you were involved in an accident with a truck that carried a $925,000 insurance policy, for example, that amount would establish the policy limit that applies to your claim (or, the highest amount of compensation that you could recover). Because the policy limit establishes the most that you could receive, you could receive the full value of your claim if it is equal to or less than the policy limit. However, if the value of your claim is anything above the policy limit, the value of your claim would likely be decreased to remain within the policy limit.
- Comparative negligence—the value of your claim can also be affected by comparative negligence. Comparative negligence can apply to a claim if the victim had some liability in causing his or her accident and injuries. Comparative negligence applies when multiple parties (including the victim) share liability for the accident. Comparative negligence is usually stated as a percentage. If the victim is found to be 15% comparatively negligent, he or she would not be able to recover that percentage of compensation. In other words, the claimant could only receive the remaining 85% of compensation based on 15% comparative negligence. To find out more about whether the value of your claim is affected by comparative negligence, you must contact our law firm as soon as possible.
Besides the three factors mentioned above, there are many other details about your claim that could affect its value, such as the amount of income you and your family lost as a result of the truck accident. If you would like more information about the details that could affect the average settlement amounts for truck accident lawsuit against Hallmark Insurance Company, you must contact our law firm as soon as possible. The truck accident attorneys at Normandie Law Firm are ready to evaluate your claim and provide you with all the information you need to gain a thorough understanding of the average value of a truck accident case against Hallmark Insurance Company.
The Compensation Available for Recovery
What is the average compensation that you could receive for your truck accident? As discussed above, there are many factors that could affect the truck accident settlement amounts for a truck accident claim with Hallmark Insurance Company. Compensation, however, is often separated into categories. An overview of these categories could help you understand the types of compensation that you could recover. Although all claims are different, some claimants are eligible to recover the following types of compensation:
- Medical costs
- Lost income
- Pain and suffering
- Loss of consortium
- Property damage
- Funeral costs
- Burial costs
- Punitive damages
As you can see, there are many categories of compensation that the victims of truck accidents could recover. Regardless of the specific details of your claim, you can be certain that the truck accident attorneys at Normandie Law Firm will always fight for your right to recover the highest amount of compensation available for your truck accident claim. Our attorneys understand the financial difficulties that you and your family have faced after the truck accident; therefore, they will not rest until you are rightfully compensated. If you would like to learn more about the value of your truck accident claim and the type of compensation that you could recover, you must contact our law firm as soon as possible.
Normandie Law Firm
If you or a member of your family were recently harmed in a truck accident, you might be in urgent need of legal assistance. At Normandie Law Firm, you and your family could benefit from our free consultations and free second opinions. During our free consultations and free second opinions, the experienced attorneys at Normandie Law Firm will be available to answer all your questions and address all your concerns regarding your truck accident claim. Our attorneys can help you even if your claim has been negatively affected and misguided by the incompetence of an attorney at another law firm. You can always trust the knowledgeable attorneys at Normandie Law Firm to provide you with the legal guidance you need to file a successful truck accident claim.
Our free legal services are available through our Zero-Fee guarantee, a guarantee which ensures that our clients will never be required to pay upfront legal fees. Because our firm is also based on contingency, our clients are not required to pay any expenses until our attorneys win their claims. If we do not win, you will not pay. If you are ready to speak with our attorneys regarding your truck accident claim, you must contact our firm today.
