Any vehicle hit by a truck could suffer enormous damage. A semi-truck may cause passengers inside the other car to experience severe injuries. After receiving medical care, the victims might wonder about the costs and losses of an accident. A drawn-out lawsuit in Idaho civil court need not be the only way to receive compensation. An insurance settlement could solve things, but the process may take time.
Insurance claims and settlements after truck accidents
Liability insurance allows customers to purchase financial protection against any covered liabilities and perils. Insurance companies might end up bound to pay the costs incurred by a client. A victim might file a claim after an accident; the liable party could be a truck driver, trucking company, or another entity.
Truck accident insurance claims might take some time to resolve. The same insurance company could face several claims if the collision involved more than one vehicle and several victims. While insurance companies may face legal requirements to complete things without delays, going through stacks of evidence requires time.
Evidence may include dash cam footage, medical records, eyewitness and victim accounts, police reports, and more. The insurance investigators review all the evidence and loss claims to determine their accuracy.
Negotiating with an insurance company
Anyone who doesn’t negotiate with an insurance company may receive a lowball settlement offer. Someone lacking the experience to deal with insurance companies after truck accidents might not know how to address the insurance company’s claims about degrees of fault or the actual value of a loss. Allowing an experienced representative to negotiate for a fair sum may take more time, but the higher settlement might make the wait worthwhile.
Damages sought in an insurance claim vary. Some may claim punitive damages, depending on the facts surrounding the collision.