Any vehicle wreck has the potential to be deadly. However, accidents involving large trucks are often among the most devastating because of their size and velocity. These types of crashes can cause severe injury. In such situations, commercial truck accident settlements can help compensate the victim for their losses.
Surviving a crash with a large vehicle like a commercial truck is nothing short of a miracle. For those who walk away, there are still many more who have not had that chance. If you or a loved one have experienced this reality, there are no words we can say to make up for your loss. We are truly sorry.
As a survivor of a crash, we know that you want hope, healing, and justice more than anything. It is hardly ever about getting a large settlement. However, the victim and their family may need monetary support for several reasons. Whether it is to offset costs of therapy or rehabilitation, paying off hospital bills, or for pain and suffering, a semi-truck accident settlement can provide recovery.
Whatever your needs may be, at Fried Goldberg, we want to help you get there.
We believe you and your family deserve to move on and heal, just like anyone else. When it comes to our clients, we will advocate on your behalf for the best outcome. Take a look at the following five largest truck crash settlements in the U.S., including the first from Fried Goldberg’s Joe Fried.
1. Joe Fried’s $80 Million Verdict
In 2016, our very own Joe Fried made history when his $80 million truck accident settlement became the largest dollar amount settlement in history.
The accident involved a truck driver near Savannah, Georgia, who slammed into a line of cars that had stopped due to a previous crash. The driver, who denied falling asleep and distracted driving, never hit his brakes. As a result, five nursing students were killed, and two more were seriously injured.
2. $42 Million Settlement
In 2011, a man was killed in 2007 by a truck driver running a stop sign. The jury awarded the deceased’s widow $40.2 million, and the case was eventually settled for $42 million in 2014. Many “t-bone” or side-impact accidents are the result of a stop sign or stop light violation.
3. $10 Million Settlement
Recognized worldwide due to Tracy Morgan’s involvement, a Wal-Mart truck injured several people and killed one in 2014. The deceased’s children received a $10 million settlement, while Morgan and Wal-Mart later reached an undisclosed settlement amount.
4. Undisclosed 18 Wheeler Accident Settlement
A jury awarded $281 million to family in Texas in 2013 after a man was struck and killed by a drive shaft that had detached and smashed through the windshield. The truck and its equipment were deemed “improperly maintained.” The judgment was later reduced to $105 million before the case was settled for an undisclosed amount.
5. $34 Million Settlement
In 2014, a truck accident case in the State of Ohio settled for $34 million. Due to a confidentiality agreement, specifics of the case cannot be discussed.
Calculating a Settlement Amount
You may be wondering what truck accident settlements cover and how they are calculated. Truck crash settlements are intended to compensate the injured victim and their family for any losses directly caused by the accident.
A settlement can cover:
- Medical expenses and hospital bills
- Property damage caused by the crash
- Lost wages
- A loss of ability to earn wages in the future
- Wrongful death losses
- Pain and suffering
Calculating a trucking accident settlement is no easy task. Several factors must be considered to arrive at the final amount. These factors can include:
- The type of injuries involved and how serious they were
- Whether the driver was negligent or reckless
- Whether drunk driving was at play
- The amount of time needed for physical recovery
Negotiating even an average semi-truck accident amount can be complicated and requires the assistance and guidance of an attorney. The use of a truck accident settlement calculator can sometimes be helpful, but it cannot replace the expertise and experience of a truck accident lawyer.
Dedicated to Helping You Get Justice
Collisions happen every day; sometimes, they are unavoidable. But when a tragedy occurs because of poor vehicle maintenance, defective equipment, or driver’s negligence, someone should be held responsible for the devastating aftermath — especially if the crash was preventable.
With more than 100 years of combined experience with commercial trucking cases, the attorneys of Fried Goldberg stand for justice and give a voice to those who have been injured or killed in a trucking accident.
We will review your claim and help determine the best course of action that will lead you to the settlement you deserve. Contact us today by calling 877-591-1801 for a no-cost, no-obligation consultation. Let us fight on behalf of you and your loved ones.