How Much Money Is Spent On Truck Accidents?

How Much Money Is Spent on Truck Accidents? 

If you or a loved one has been involved in a truck accident, you may be wondering how much money you can expect to recover. These accidents are often life-changing, and they can result in serious injuries, lost wages, property damage, medical bills, and more. 

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The average cost of a commercial truck accident with an injured person is $148,279. However, this number skyrockets to over $7 million when fatalities are involved. 

Getting the Right Medical Treatment is Essential

Truck drivers are usually required to wear safety equipment, including airbags and seat belts. These devices can protect them from being thrown out of their seats in a crash, but they aren’t always enough to keep them safe. Depending on the severity of your injury, you may require ongoing medical treatment or adaptive devices to help you live your daily life after a truck accident. 

Driver Fatigue is a Serious Problem

Because truckers spend a lot of time on the road, they can become fatigued and start to make mistakes. For example, if they drive too close to the side of the road or cut off another driver, they could get into an accident. They can also be distracted by their cell phones and other things. 

Mistakes and Errors Are Commonly Caused by Bad Management

Trucking companies that don’t follow regulations or maintain their trucks can create dangerous situations on the roads. For example, if a driver isn’t properly trained or has too many service violations, the company may be responsible for a deadly accident. In addition, trucking companies can’t afford to hire qualified drivers who have the necessary experience to be able to safely operate their trucks. 

Chameleon Carriers Are A Problem

Some trucking companies that have been ordered by the government to close down for safety violations reopen under new names, making them more difficult to track. This can lead to an increase in crashes and the possibility of lawsuits. 

Weather Conditions Are Also a Factor

The frequency of truck accidents varies, but winter storms are especially common. The high winds, sleet, snow, and fog can make it hard for truckers to see other vehicles on the road. Additionally, they can’t see the potholes and debris on the road which can make it dangerous for them to drive. 

Fortunately, the National Highway Traffic Safety Administration (NHTSA) has strict guidelines that must be followed by trucking companies to ensure that their employees are safe while on the road. In addition, trucking companies must ensure that their drivers aren’t driving while under the influence of drugs or alcohol. 

Unfortunately, even with all the safety precautions and laws in place, accidents do happen. Injuries, deaths, and other losses can be devastating for victims, their families, and their communities. 

If you or a loved one has been the victim of a truck accident, you deserve compensation for your damages. The money that you receive can go towards paying for your past and future medical expenses, as well as any other financial costs associated with the accident. 

How Much Money Is Spent on Truck Accidents? 

If you or a loved one has been involved in a truck accident, you may be wondering how much money you can expect to recover. These accidents are often life-changing, and they can result in serious injuries, lost wages, property damage, medical bills, and more. 

The average cost of a commercial truck accident with an injured person is $148,279. However, this number skyrockets to over $7 million when fatalities are involved. 

Getting the Right Medical Treatment is Essential

Truck drivers are usually required to wear safety equipment, including airbags and seat belts. These devices can protect them from being thrown out of their seats in a crash, but they aren’t always enough to keep them safe. Depending on the severity of your injury, you may require ongoing medical treatment or adaptive devices to help you live your daily life after a truck accident. 

Driver Fatigue is a Serious Problem

Because truckers spend a lot of time on the road, they can become fatigued and start to make mistakes. For example, if they drive too close to the side of the road or cut off another driver, they could get into an accident. They can also be distracted by their cell phones and other things. 

Mistakes and Errors Are Commonly Caused by Bad Management

Trucking companies that don’t follow regulations or maintain their trucks can create dangerous situations on the roads. For example, if a driver isn’t properly trained or has too many service violations, the company may be responsible for a deadly accident. In addition, trucking companies can’t afford to hire qualified drivers who have the necessary experience to be able to safely operate their trucks. 

Chameleon Carriers Are A Problem

Some trucking companies that have been ordered by the government to close down for safety violations reopen under new names, making them more difficult to track. This can lead to an increase in crashes and the possibility of lawsuits. 

Weather Conditions Are Also a Factor

The frequency of truck accidents varies, but winter storms are especially common. The high winds, sleet, snow, and fog can make it hard for truckers to see other vehicles on the road. Additionally, they can’t see the potholes and debris on the road which can make it dangerous for them to drive. 

Fortunately, the National Highway Traffic Safety Administration (NHTSA) has strict guidelines that must be followed by trucking companies to ensure that their employees are safe while on the road. In addition, trucking companies must ensure that their drivers aren’t driving while under the influence of drugs or alcohol. 

Unfortunately, even with all the safety precautions and laws in place, accidents do happen. Injuries, deaths, and other losses can be devastating for victims, their families, and their communities. 

If you or a loved one has been the victim of a truck accident, you deserve compensation for your damages. The money that you receive can go towards paying for your past and future medical expenses, as well as any other financial costs associated with the accident. 

How Much Money Is Spent On Truck Accidents? | Montag Law