Wilshire Insurance Company is an insurance company that provides insurance company for the trucking industry. Wilshire Insurance Company provides the following coverage: liability, uninsured motorists, underinsured motorists, medical payments, general liability, and personal injury, among other types of coverage. If you were involved in a truck accident, you might have recently found out that you have to file a claim against Wilshire Insurance Company.
How much is a truck accident case with Wilshire Insurance Company worth? How much can you receive from Wilshire Insurance Company in case of a truck accident? Can you sue and receive compensation? What are your rights after being involved in a truck accident? If you were involved in a truck accident, you might be interested in filing a Wilshire insurance truck accident claim; if so, you must seek legal assistance as soon as possible.
If you are interested in filing a Wilshire Insurance Company truck accident lawsuit, you must contact Normandie Law Firm. Normandie Law Firm is a personal injury law firm that has successfully handled many truck accident claims against varying truck insurance companies—including Wilshire insurance. When you contact our law firm, you can be certain that you will be receiving the most complete legal assistance available for your claim. Our experienced attorneys will evaluate your claim and give you all the information you need to understand the average compensation available for your claim and the payout that you might receive.
Common Injuries Caused By Truck Accidents
If you were involved in a truck accident, you likely sustained a series of injuries ranging in severity. Truck injuries often result in head injuries, traumatic brain injuries, amputations, back injuries, facial injuries, joint injuries, internal bleeding, neck injuries, lacerations, organ damage, spinal cord injuries, and broken bones, for example. How are the common injuries sustained in truck accidents relevant to the average settlement of a truck accident claim with Wilshire Insurance Company?
In general, the more severe the injuries sustained by victims, the higher value attached to their claims. Since trucks are heavier, larger, and harder to maneuver than the average vehicle, truck accidents result in more devastating injuries. Subsequently, the injuries caused by truck accidents are usually valued higher than the injuries in normal auto accidents. The types of injuries sustained during truck accidents are important factors that are used to determine the value of a claim.
The Factors that Determine Your Claim’s Value
As mentioned above, the injuries sustained during truck accidents are used as a factor to determine the value of your claim. However, there are many other factors that could also affect the value of truck accident claims against Wilshire insurance. Some of the factors that affect the average settlement of a truck accident claim with Wilshire include the following: details about the injuries sustained; the income lost as a result of the accident; the compensation limits established by the state; the policy limits established by the defendant’s insurance company.
One of the main factors used to determine claim value is injuries. Injuries have value based on the injury type and severity. For example, brain injuries that affect a victim’s cognitive skills could be worth up to $250,000. As the injuries decrease in severity, so does their value. Minor spinal cord injuries could be worth from $75,000 up to $100,000. Moderate injuries that must be treated with surgery and physical therapy could be worth from $50,000 to $75,000. Minor injuries could be worth $10,000 to $25,000. Considering the fact that most victims sustain a variety of injuries, the combined value of the injuries sustained by a victim could easily be higher than $250,000. The injuries sustained are just one of the factors that influence the average settlement amounts for truck accident lawsuit against Wilshire Insurance Company.
Another factor that is used to determine truck accident settlement amounts for a truck accident claim with Wilshire insurance is the total income that was lost as a result of the accident and the injuries sustained. If you were unable to work after sustaining your injuries, during treatment, during physical therapy, or if you were left permanently unable to work, the value of your claim could increase based on the total income you lost as a result of the accident. How is the value of your lost income calculated? The payout you receive for lost income depends on your wage history. However, your age and the time you are projected to be out of work are also used to establish the value of your lost income. For example, if you are a 62-year-old victim of a truck accident, you could be unable to work for the remaining years before your retirement at age 67. If your wage history is approximately $65,000 per year, you could be entitled to up to $325,000 in lost income, alone, for the five years you are expected to be unable to work. Considering this value, the truck accident case with Wilshire Insurance Company could be worth upwards of $500,000. But it could be worth more if the victim is younger and expected to have worked for a longer period. In general, the lost income for younger victims greatly increases the value of their claims. For example, you can receive $1 million in just lost income if you lose your earning capacity for, say, twenty-five years in contrast to just five years.
The average value of a truck accident case against Wilshire is also affected by compensation limits. Every state has different caps on the maximum amount of compensation that an injured victim could receive. Even if a truck accident claim is valued in the millions, the amount of compensation the victim can actually receive could be adjusted to adhere to the limits established by the state in which the claim is being filed, for example.
The same concept applies to policy limits—another factor that could affect the value of a claim. Policy limits are established by the defendant’s insurance policy. For example, if the defendant has a policy that covers up to $100,000 in damages, the victim could only receive up to $100,000 in compensation. Commercial trucks, however, often are required to carry insurance coverage with higher policy limits. Because of higher policy limit requirements, most compensation awarded to plaintiffs does not have to be adjusted based on limits. The average settlement value of a Wilshire Insurance Company truck accident lawsuit can vary depending on the policy limit applied by the defendant’s insurance policy.
The Compensation Available for Your Claim
How much you can receive is always dependant on the details of your claim. Therefore, your claim must be thoroughly evaluated by an expert in truck accidents to establish the estimated value of your claim. Victims of truck accidents are often eligible to recover the following categories of compensation:
- Medical expenses
- Lost wages
- Pain and suffering
- Property damage
- Loss of consortium
- Funeral and burial costs
- Punitive damages
Many of the factors that establish the value of your claim and determine the categories of compensation that you are eligible to receive were discussed in previous sections. Some of the categories of compensation listed above are only available for claimants filing wrongful death claims for the death of family members. You should not assume that you could recover all the compensation listed above. You must seek legal assistance as soon as possible for a comprehensive evaluation of your claim. Your claim must be evaluated to allow you to gain an understanding of the value of your claim and the average compensation you could receive. When you contact our law firm and allow our attorneys to represent you, you can be certain that our truck accident lawyers will fight for your right to recover the maximum amount of compensation for your claims. Our lawyers know the value of your claim and will not rest until you recover the amount you deserve.
Normandie Law Firm
Normandie Law Firm is a personal injury law firm dedicated to the victims injured or killed in truck accidents. There is no monetary amount that could reverse the damage that arose as a part of the truck accident that you suffered, but you could receive $500,000 or more in compensation for your injuries. Our attorneys will fight for your right to compensation at all costs and will never settle for less than what your claim is worth. For more information about getting legal representation and filing a claim against the parties liable for your injuries, you must contact Normandie Law Firm as soon as possible.
Normandie Law Firm offers free consultations and free second opinions to remain accessible to all victims of truck accidents. During our free consultations and free second opinions, our experienced attorneys are available to answer all your questions and address all your concerns. Our lawyers are committed to providing you with all the information you need to file a successful claim. It does not matter if your claim is worth $250,000, $500,000, or $650,000; our attorneys will always treat your claim as the most important claim and ensure that you receive all the compensation you deserve. If you have been affected by the misinformation given to you by an incompetent attorney, our lawyers will clear all the doubts and confusion that were created by the incompetent attorney with whom you might have spoken. If you need more information about the average value of a claim against Wilshire Insurance Company, or if you would like to begin your claim, you must contact Normandie Law Firm immediately and request to speak with our attorneys.
Our free consultations and free second opinions are part of a Zero-Fee guarantee—a guarantee that ensures that our clients can contact our firm without worrying about upfront legal fees. Our firm is also based on contingency; so, our clients are not required to pay legal fees until after our attorneys win their claims. Do you have anything to lose? Contact Normandie Law Firm as soon as possible to speak with our attorneys.
