A recent article gave a good summary of the elements that go into settling a commercial vehicle trucking accident case. In south Texas, between the Eagle Ford shale region trucking operations and the traffic along I-35 and I-10 coming up from Mexico and going back down between Laredo and San Antonio and beyond, commercial trucking is a huge part of life on the roadways in south Texas.
Commercial vehicle policies are often in excess of $1 million, with the minimum limits often exceeded by trucking companies knowing that verdicts can far outstrip that coverage. This is a far cry from the $30,000 minimum limits policy on a personal auto.
A discussion of this subject on jdsupra.com noted the following:
Commercial Trucks are substantially larger and heavier than regular motor vehicles, therefore when a truck is involved in an accident with a car, the outcome can devastating.
Due to the size of the large tractor trailers, most regular size vehicles don't stand a chance when they are hit. Even if the accident occurs at relatively slow speeds, the damages and injuries can still be excessive.
When it comes to commercial truck accident settlements, they tend to be higher than regular vehicle accidents.
It is not automatic to get a higher verdict or settlement just because it is a trucking case, however. The injuries can be more severe, but it takes the right case developed with the right skill to push the limits of such an insurance policy. Insurance carriers do not write large checks lightly. They will require that the evidence be presented to verify the claims in detail, from medical bills to lost wages and future care plans.
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