Mercury Insurance Group was founded in 1962. For over fifty years, Mercury insurance has provided reliable and effective insurance coverage to their clients all over the nation. As of late, Mercury Insurance Group is the leading insurance company in the state of California and is classified as one of the fastest-growing insurance companies in the country. Mercury provides a series of insurance services, one of which includes business auto insurance. Mercury’s business auto insurance includes coverage for nearly all commercial vehicles. Some of the vehicles covered by Mercury include flatbed trucks, stake trucks, box trucks, refrigerator trucks, and utility trucks, for example.
Were you recently involved in a truck accident? If you were injured as a result of an accident involving a commercial vehicle, you might have recently learned of the possibility of filing a truck accident claim against the truck’s insurance company. If Mercury provides insurance for the truck that was involved in your accident, you might have grounds to file a Mercury Insurance Group truck accident claim.
After your truck accident, you might have encountered many difficulties other than physical troubles due to your injuries. Because of that, you might be hesitating to file a Mercury Insurance Group truck accident lawsuit. You might have asked yourselves some of the following questions:
- Are victims of truck accidents entitled to monetary compensation?
- How much can you receive from Mercury Insurance Group in case of a truck accident?
- How much is a truck accident case with Mercury Insurance Group worth?
- What is the average payout available for victims who file truck accident lawsuits?
- What are the factors that affect the average settlement of a truck accident claim with Mercury Insurance Group?
If you have found yourself looking for answers to any of the questions above, you must seek legal assistance as soon as possible. If you were injured in a truck accident and you have considered the possibility of filing a claim, you must contact 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 were injured or if a member of your family lost his or her life after being involved in a truck accident, you could file a claim against Mercury insurance and receive compensation. For more information about the average settlement amounts for truck accident lawsuit against Mercury Insurance Group that you might be eligible to receive, you must contact the attorneys at Normandie Law Firm as soon as possible.
The Factors that Affect Your Claim’s Value
Since truck accidents can result in devastating outcomes, it is normal for parties affected to want to learn more about the potential value of their claims. When affected parties contact our law firm for information about the average value of a truck accident case against Mercury Insurance Group, they often do not have an understanding of how claim values are determined.
The average settlement value of a Mercury Insurance Group truck accident lawsuit is determined by many factors. When you seek legal assistance, the specific details of your claim are evaluated to establish the different factors that affect the potential value of your claim. Below, you will find more information about some of the most influential factors that affect how much the truck accident case with Mercury Insurance Group could be worth:
- Comparative negligence—one of the factors that affects the value of claims is comparative negligence. Comparative negligence is a percentage that is applied to establish the victim’s fault in the accident. Based on the percentage, the amount of compensation available for recovery is reduced. In most cases, victims have no liability for their accidents, so they could recover the full settlements or verdicts reached. However, if a victim is 15% liable for his or her injuries, the victim would only be eligible to recover the remaining 85% of compensation granted.
- Injuries—another factor that affects the value of claims is the injuries sustained. Every type of injury is associated with a specific value. The value of injuries is derived from the medical bills resulting from treatment. For example, you can receive $25,000 for minor injuries, but you could receive $75,000 for moderate injuries. Both traumatic brain injuries and spinal cord injuries are valued near $100,000, but it could be worth millions if the injuries result in paralysis or loss of cognitive capabilities. Injuries that leave victims in need of day-to-day care or living assistance are also generally worth more.
- Policy limits—another major factor that could affect the value of a claim is insurance policy limits. The insurance policy coverage that a truck carries establishes the maximum amount of compensation available for recovery. Trucks are required to carry insurance coverage ranging from a minimum of $300,000 to $5 million, depending on the type of truck being insured. Because of these minimum insurance requirements, most trucks carry insurance policies that cover all or most damages. However, in some cases, the value of a claim surpasses the policy limit, which results in the value of a claim being adjusted. For example, if a truck carries insurance coverage of $750,000 and the value of your claim is $745,000, you could recover the full value of your claim. However, if your claim was valued at $775,000, you would not be eligible to recover the full value of your claim.
In addition to the factors discussed in the list above, many other factors could affect the value of your truck accident claim and the average compensation you could recover. For more information about the different factors that could affect the value of your truck accident claim against Mercury Insurance Group, you must contact the attorneys at Normandie Law Firm today.
Sample Verdicts and Settlements for Truck Accident Claims
If you are interested in learning more about truck accident settlement amounts for a truck accident claim with Mercury Insurance Group, you must speak with our attorneys immediately. Our experienced lawyers will review the history of past verdicts and settlements to ensure that you have a thorough understanding of possible claim outcomes. These examples could be found below:
- $110,000—as a result of a truck accident, the victim suffered back and shoulder injuries.
- $400,000—as a result of a truck accident, the victim suffered a variety of injuries. Some of the injuries include toe injuries, foot injuries, knee injuries, neck injuries, and back injuries.
- $400,000—as a result of a truck accident, the victim suffered a back injury.
- $743,000—as a result of a truck accident, the victim suffered back injuries which included herniated discs and torn vertebrae.
- $1,050,000—as a result of a truck accident, the victim suffered severe leg injuries that required multiple surgical procedures to treat.
As you can see, the potential value of claims varies. Although only the injuries suffered are described above, many other factors affect the value of the claims. Because of that, you should never base the estimated value of your claim on past verdicts and settlements. Instead, you should seek legal assistance as soon as possible for a comprehensive evaluation of your claim.
The Compensation Available for Recovery
The same factors that affect the value of your claim also affect the categories of compensation available for recovery. Most of the categories of compensation available for recovery are listed below:
- Medical expenses
- Lost wages
- Pain and suffering
- Property damage
- Loss of consortium
- Death benefits
- Punitive damages
- Legal fees
As you can see, there are many categories of compensation available for recovery. Since the average compensation available varies from case to case, you must speak to our lawyers as soon as possible. The experienced attorneys at Normandie Law Firm will aggressively fight for your right to recover the maximum amount of compensation available for your claim. Our attorneys understand the importance of being rightfully compensated; therefore, they will not rest until your claim reaches a positive outcome.
Normandie Law Firm
If you were injured in a personal injury accident, you must contact the experienced attorneys at Normandie Law Firm as soon as possible. Our lawyers have many years of experience handling truck accident claims against Mercury Insurance Group and many other truck insurance companies. If you would like to speak with a knowledgeable attorney, you must contact us as soon as possible to schedule a free consultation or free second opinion. During our free consultations and free second opinions, our experienced lawyers are available to answer all your claims, address all your concerns, and provide you with all the legal information necessary to pursue a truck accident claim against Mercury insurance. Our attorneys can help you even if you believe that you have been negatively affected by the incompetence of an attorney at another law firm. Do not hesitate—you must contact our law firm as soon as possible to schedule a free consultation or free second opinion.
Our free legal services are available as part of our Zero-Fee guarantee—which ensures that our clients never have to worry about paying any upfront legal fees for any of our services. Our law firm is also strictly based on contingency; therefore, our clients will never be required to pay any upfront legal fees throughout their legal process. Rather, our clients will only be required to pay legal expenses after our attorneys win their claims. If our attorneys do not reach a successful outcome for your truck accident claim, you will not be required to pay us anything. Act now—contact Normandie Law Firm at your earliest convenience.
