Information and Insight for Injured Iowans

     Truck accidents can cause a lot of unforeseen expenses. With mounting medical costs, car repairs, and insurance costs, a quick settlement offer can sound very appealing. It is important to consider all the future expenses you must pay (including some to your own insurance companies) before accepting a quick settlement.                       

      Insurance company representatives will often try to convince a truck accident victim to quickly settle his or her personal injury claim by throwing out a settlement figure that—at first glace—seems fair. What they often do not mention is that the truck accident victim may not be entitled to keep all of that money.

Often a truck accident victim has had medical bills or lost wages paid by his or her:

·         Health insurance company

·         Auto insurance company (“medical payment coverage”)

·         Short-term disability insurance company

·         Employer’s workers’ compensation company

     Almost all of the insurance policies described above require an accident victim to pay back any amounts received if the accident victim reaches a settlement with the negligent driver or his or her insurance company. This legal obligation, which is known as “subrogation”, can leave an accident victim with little or nothing after a settlement. We protect our clients from the shock of subrogation by always advising our client about how much of any settlement off they will actually be able to put in their pockets. We also work to reduce our client’s subrogation obligations whenever possible before a settlement is reached.

     To learn about other tactics insurance companies use against truck accident victims, go to Iowa Truck Accident Facts to download a free 35-page guide.
     If you have any questions or immediate concerns, do not hesitate to contact us
toll-free:  1-888-546-6529.  We will do our best to answer your questions and there is not fee for an initial consultation.