Insurance House was founded in 1964 by John Jinks, Jr., Mitch Gwinn, Jr., and Joseph Love. Since the company’s establishment, there has been a focus on providing insurance services based on the demands of Insurance House’s agents and customers. Because of this dedication to their agents and customers, Insurance House has continued to grow over the years. Insurance House offers automobile, collectible automobile, life, homeowners, rental, flood, umbrella, motorcycle, and watercraft insurance coverage—catering to a wide variety of consumer needs.
If you suffered an injury in a personal injury accident, there is a possibility that the party liable for the harm you suffered carried an Insurance House policy. If you or a member of your family were involved in a truck accident, you might have grounds to file an Insurance House truck accident claim. Truck accidents are, unfortunately, very common personal injury accidents. If you have ever driven past a truck accident or seen the aftermath of a truck accident on a news broadcast, you might be familiar with the devastation and damage that truck accidents could cause. If you or a member of your family were harmed by a truck accident, you could be eligible to receive compensation after filing an Insurance House truck accident lawsuit.
If you have considered the payout that you could recover for the harm caused by the truck accident, you might have also asked yourself some of the following questions:
- How much can you receive from Insurance House in case of a truck accident?
- How much is a truck accident case with Insurance House worth?
- What is the average settlement of a truck accident claim with Insurance House?
- What is the average compensation available for the parties affected by traumatic truck accidents?
- How is the value of a truck accident claim determined?
- What are the factors that affect what the truck accident case with Insurance House could be worth?
Our law firm is often approached with the questions above. Questions about the potential value of a truck accident claim should always be expected—especially due to the devastation that is often caused by truck accidents. Because of the size and weight of trucks, any accident involving a truck can cause severe or even fatal injuries along with unimaginable damage to vehicles and other property. Because of that, the parties affected by truck accidents often find themselves in financial difficulties.
At Normandie Law Firm, we are dedicated to helping the victims affected by truck accidents overcome the financial distress resulting from truck accidents from the compensation available after filing truck accident claims. If you or a member of your family were harmed in any way during a truck accident, you must contact our law firm as soon as possible. Our truck accident attorneys have dedicated many years to handling truck accident claims and fighting for the rights of victims to be compensated. You might expect your claim to be worth a few thousand dollars, but it could be worth millions; if you are ready to fight for your right to be compensated, you must contact the truck accident attorneys at Normandie Law Firm immediately.
Sample Truck Accident Claim Values
Before discussing the different factors that could affect the value of your claim, you should take a moment to review some of the sample truck accident settlements and verdicts listed below:
- $41,900—the victim suffered a lower back injury that qualified as a partial disability.
- $1.1 million—two young children suffered injuries to their faces, legs, heads, and brains after a severe truck accident.
- $184,000—the victim suffered a severely herniated disc in the lumbar spine.
- $600,000—the victim suffered all of the following injuries: degloving injuries, subdural hematoma, facial lacerations, and fractured bones (leg, arm, and clavicle).
- $1.03 million—the victim suffered fatal injuries. (The claim’s value was reduced to $726,000 based on comparative negligence.)
- $1.2 million—the victim suffered ankle and knee injuries after a truck accident.
- $1.5 million—the victim suffered fatal injuries during a truck accident.
As you can see, the values associated with the truck accident claims above vary. Often, the only detail available to the public is the type of injuries sustained and outlined in the claim. Because of that, it is common for people to mistakenly believe that only the injuries suffered matter to the value of a claim. However, there are many different factors that could affect the average settlement amounts for truck accident lawsuit against Insurance House insurance company. In the section below, you will find additional information about some of the factors that could directly affect the value of your truck accident claim against Insurance House.
The Factors that Affect the Value of a Truck Accident Claim
What factors affect the average value of a truck accident case against Insurance House? Many people believe that only the injuries suffered affect the value of a claim. However, there are many different factors, in addition to injuries, that must be evaluated to establish the value of a truck accident claim. Some of the factors that could affect the value of your truck accident claim are listed below:
- Injuries—the injuries sustained during an accident are important to the value of a claim, specifically because all injuries are associated with a specific value. For example, you can receive $25,000 for minor injuries, but you could receive $75,000 for moderate injuries. More severe injuries, such as brain injuries and spinal cord injuries could be associated with values ranging from $85,000 to $250,000, for example. In many cases, brain injuries and spinal cord injuries could be valued in the millions due to extreme severity and permanent effects on the victim.
- Policy limits—policy limits could also directly affect the value of a truck accident claim. A policy limit is the maximum amount of compensation available as determined by the insurance policy. For example, if a truck carries a policy of $650,000, victims could only recover up to that amount in compensation. If a claim is valued above the policy limit, the claimant would be unable to recover the full amount.
- Comparative negligence—comparative negligence could directly decrease the value of a claim. Consider the sample claim valued at $1.03 million stated in the previous section. The claim’s value was reduced to roughly $726,000 based on comparative negligence. Comparative negligence applies when the victim contributed to his or her injuries. If a victim is 25% negligent for his injuries, for example, the victim would be ineligible to recover 25% of the compensation—leaving him with only 75% available for recovery.
If you would like to learn more about the factors that could affect the truck accident settlement amounts for a truck accident claim with Insurance House, you must contact our law firm as soon as possible. The experienced truck accident lawyers at Normandie Law Firm are ready to fight for your right to sue and receive compensation.
The Categories of Compensation Available for Claimants
As described above, there are many factors that could affect the average settlement value of an Insurance House truck accident lawsuit. These same factors establish the specific types of compensation that claimants could recover. Although all truck accident claims are different, many claimants are eligible to recover the following categories of compensation:
- Medical expenses
- Lost earnings
- Pain and suffering
- Property damage
- Loss of consortium
- Funeral costs
- Burial costs
- Punitive damages
It does not matter if you suffered injuries or if a member of your family lost his or her life as a result of a truck accident; you can count on our experienced truck accident attorneys to fight for your right to be compensated. As aforementioned, our attorneys have spent many years handling truck accident claims. Therefore, time and time again, they have seen how the parties affected by truck accidents suffer through financial difficulties. Because of that, they are dedicated to helping all victims recover the maximum amount of compensation available for their claims. When you contact the attorneys at Normandie Law Firm, you can be certain that our trusted attorneys will aggressively fight until you receive the compensation that is rightfully yours.
Normandie Law Firm
If you or a member of your family suffered a truck accident, you can trust the attorneys at Normandie Law Firm to help you file a claim against Insurance House insurance company. Our attorneys have spent many years representing the victims of truck accidents, and they are prepared to help you sue and recover the compensation that you deserve. If you would like to speak with our attorneys, you must contact our firm and request to schedule a free consultation or free second opinion. During our free consultations and free second opinions, our experienced truck accident lawyers will be available to address all your questions and concerns. If you believe that you and your claim have been negatively affected by the incompetence of an attorney, you can trust that our lawyers will help get your claim back on the right track towards reaching a successful claim outcome. If you are in need of legal assistance, regardless if you are interested in a free consultation or free second opinion, you must contact our law firm immediately.
The free legal services mentioned above are available because of our Zero-Fee guarantee. You will never be required to pay for any upfront legal fees for our legal services. Normandie Law Firm is also strictly based on contingency; therefore, our clients will never be required to pay for any expenses until after our attorneys win your truck accident claim. If your claim does not reach a successful outcome and you are not compensated, you will not be required to pay for any fees. If you would like to talk to our expert lawyers about your truck accident claim against Insurance House, you must contact our law firm at your earliest convenience.
