Being involved in a truck accident in Iowa could result in serious injury. It is good to know that you can contact an Iowa truck accident lawyer to work for you in getting you the settlement you deserve for the pain and suffering of your injuries. There is no minimum or maximum amounts assigned to settlements in cases involving Iowa truck accidents. The amount of the settlement depends on the nature of your injuries, the amount of financial hardship in lost wages and medical expenses, and the length of time it will take you to recover.
An Iowa truck accident lawyer will explain what is involved in determining the amount of the settlement. It includes the wages you lose while you are off work, the cost of renting a car while you are waiting for yours to be repaired and the medical bills. Other factors that are considered when coming up with a dollar value consist of general damages, which includes the pain and suffering, humiliation and mental anguish associated with being involved in such an accident.
The law requires all trucking companies to carry insurance policies against such compensation claims. The Iowa truck accident lawyer you hire will notify the insurance company that you are submitting a claim and if the driver is clearly at fault, the insurance company will send a check to your lawyer for the amount of the settlement. Once the lawyer’s fees and the cost of obtaining medical reports are deducted, the rest of the money is yours so you can pay your medical bills and do what you wish with.
Once you reach a settlement, you can ask the Iowa truck accident lawyer for a copy of the settlement check even though you don’t receive this full amount. As a rule, the lawyer will give you a breakdown of the expenses including his/her fee. The fee that the lawyers usually charge for such cases is a percentage of the settlement and you know what this is right from the beginning. The amount of the percentage varies from state to state, but it usually ranges from 25% to 40%.
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