Truck Accident Settlement Calculator - Estimate Your Claim Value

Last updated:
Published by
  • User rating
  • Total calculations

Use this truck accident settlement calculator to estimate your case’s value, and understand variables that impact how much your claim may be worth. This is not a guaranteed settlement amount that you will receive, and is intended to provide a general idea of how much your truck accident claim may be worth.

Settlement Calculator

Enter the estimated total of your past and any outstanding medical bills. Include the estimated future medical expenses.

Enter the estimated value of past and future lost wages due to hospital stays, physical therapy, doctor appointments, and vacation/sick days related to recovery.

Enter the expected value for any property that was damaged as a result of the accident.

This calculator uses the multiplier method, which uses a multiplier (between 1 and 5) to calculate total economic damages. You can use these guidelines for a rough estimate:

  • 1.5x multiplier: For minor injuries like lacerations and bruising.
  • 3x multiplier: For moderate injuries like broken or fractured bones.
  • 4.5x multiplier: For long-lasting severe injuries such as organ damages, permanent disfigurement, PTSD, and nerve damage.

Methods Used To Calculate Truck Accident Settlements

Truck accident settlements are calculated using various methods to determine the compensation owed to the victim. The most common methods include the following:

Multiplier Method: This method (as used by the calculator above) uses a sum of quantifiable damages (economic damages) like medical expenses and lost wages, and then multiplying that total by a number (multiplier) typically between 1.5 and 5. The multiplier is chosen based on the severity of the injuries, the duration of recovery, and the impact on the victim’s life. The more severe the injury and impact, the higher the multiplier. For example, if your economic damages are $50,000 and a multiplier of 3 is used, your total settlement for pain and suffering would be $150,000.

Detailed example:

  • Medical expenses: $50,000
  • Lost wages: $20,000
  • Total economic damages: $70,000
  • Multiplier (based on severity of injuries): 3
  • Pain and suffering: $70,000 x 3 = $210,000
  • Total settlement: $70,000 (economic damages) + $210,000 (pain and suffering) = $280,000

Per Diem Method: This method assigns a daily rate (per diem) for pain and suffering for each day the victim is affected by the injuries. The daily rate is often based on the victim’s daily earnings, arguing that a day of pain is at least worth a day’s wages. The total amount is calculated by multiplying the daily rate by the number of days the victim is expected to suffer from the injuries. For example, if the daily rate is $200 and the victim suffers for 180 days, the total settlement for pain and suffering would be $36,000.

Detailed example:

  • Daily rate for pain and suffering: $200
  • Number of days affected: 180
  • Pain and suffering: $200 x 180 = $36,000
  • Total economic damages (medical expenses + lost wages): $70,000
  • Total settlement: $70,000 (economic damages) + $36,000 (pain and suffering) = $106,000

Comparative Negligence: This method involves comparing the victim’s case with similar cases and their settlements to determine a reasonable amount. Lawyers and insurance adjusters may look at past settlements and court awards for similar injuries and circumstances to estimate the value of the current case.

Detailed example:

  • Total settlement calculated (using any method): $280,000
  • Victim’s percentage of fault: 20%
  • Reduction in settlement: $280,000 x 20% = $56,000
  • Final settlement: $280,000 – $56,000 = $224,000

Structured Settlements: In some truck accident cases, especially when dealing with long-term injuries or disabilities. As a result, the settlement may be structured to provide periodic payments over time (as opposed to a lump sum payment). This ensures that the victim has a steady income to cover future medical expenses and living costs.

Detailed example:

  • Total settlement: $280,000
  • Structured settlement arrangement: $50,000 upfront, followed by $38,333 per year for 6 years.

Negotiation & Mediation: Often, the final settlement amount is reached through negotiation between the victim’s attorney and the insurance company or the defendant’s attorney. Mediation might also be used as a way to reach a semi truck accident settlement without going to trial.

It’s important to note that these are simplified examples, and actual settlements can be more complex, involving negotiations and legal considerations. Additionally, other factors like insurance coverage limits, liability disputes, and state-specific laws can also impact the final settlement amount.

Factors The Affect How Much A Truck Accident Settlement Is Worth

Like all auto accidents, semi-truck accident settlements can be complex due to the severity of injuries and the potential for multiple liable parties. The calculation of settlements typically involves considering various factors, including:

  • Medical Costs: The cost of medical treatment, both current and future, related to injuries sustained in the accident. This includes hospital bills, medication, rehabilitation, and any long-term care needs.
  • Lost Wages: Compensation for the income lost due to the inability to work while recovering from injuries. Future lost earnings may also be considered if the injuries result in a long-term or permanent reduction in earning capacity.
  • Property Damage: The cost of repairing or replacing the vehicle and any other property damaged in the accident.
  • Pain & Suffering: Compensation for the physical pain and emotional distress experienced as a result of the accident. This is often calculated using a multiplier method, where the total economic damages (medical expenses and lost wages) are multiplied by a number between 1.5 and 5, depending on the severity of the injuries and the impact on the victim.
  • Liability (also known as fault): The degree of fault attributed to each party involved in the accident can significantly impact the settlement amount. In some cases, multiple parties, such as the truck driver, trucking company, and maintenance providers, may share liability.
  • Insurance Coverage: The insurance policies of the parties involved, including the limits of the trucking company’s liability insurance, can affect the settlement amount. Some policies may have high coverage limits, while others may be insufficient to cover all damages.
  • Punitive Damages: In cases where the truck driver or trucking company’s actions were particularly reckless or egregious, punitive damages may be awarded to punish the responsible party and deter similar conduct in the future.

It’s important to note that legal representation can also have a significant impact on the outcome of a trucking accident case. Hiring a trucking accident attorney is crucial due to the complexities of trucking regulations, the need for thorough investigation and evidence gathering, and the challenge of determining liability among multiple parties. An experienced attorney can navigate the legal intricacies, ensuring that critical evidence is preserved and all liable parties are identified. They level the playing field against well-resourced trucking companies and insurers, negotiating for a fair settlement that covers all damages, including medical expenses, lost wages, and pain and suffering. Additionally, an attorney can manage legal deadlines, work with expert witnesses, and, if necessary, represent the victim in court to maximize compensation and achieve justice.

Maximize Your Compensation With Help From A Truck Accident Attorney

It’s important to note that each truck accident case is unique, and the method used to calculate the settlement will depend on many variables that are unique to your case. Consulting with an experienced truck accident attorney can help ensure that you receive a fair settlement.

Getting started with your claim is easy. Just request a free case evaluation online, and a legal team in our network will reach out to you regarding your case. Our network of attorneys includes a team of over 250+ legal professionals throughout the United States with over $1 billion recovered for clients, including those who have suffered injuries as a result of a truck accident.

Frequently Asked Questions

What is the average settlement amount for an 18-wheeler accident?

The average payout for an 18-wheeler accident settlement varies widely depending on the severity of injuries, the extent of property damage, and other factors such as liability and insurance coverage. Settlements can range from tens of thousands to several million dollars. For relatively minor injuries and damages, settlements might be in the range of $50,000 to $100,000. However, for accidents resulting in severe injuries, long-term disabilities, or fatalities, the payouts can be significantly higher, often exceeding $1 million. It’s important to note that the severity of injuries often leads to higher payouts, as these cases typically involve greater medical expenses, lost wages, and compensation for pain and suffering.

How long will my truck accident case take to settle?

Semi-truck accident settlements can take anywhere from a few months to several years to resolve. On average, cases might take between 6 to 24 months. However, the duration can vary significantly depending on various factors. Cases involving minor injuries and clear liability may be settled relatively quickly, within a few months. In contrast, cases with severe injuries, long-term medical recovery, disputes over liability, or multiple parties involved can take much longer, sometimes extending beyond two years. The complexity of the case, the willingness of parties to negotiate, and the backlog of the court system can also influence the timeline.

How long do I have to file an injury claim following the accident?

The time limit to file a truck accident claim, known as the statute of limitations, varies between states. Typically, the range is between 1 to 6 years from the date of the accident. It’s important to check the specific statute of limitations for your state to ensure you file your claim within the appropriate time frame. Failing to file within this period can result in the loss of your right to seek compensation.

⚖️ All of our attorneys work on a contingency fee basis, meaning there are no upfront legal fees or costs — you only pay if you win.

Free case evaluation

Get started →


We use settlement calculators to help individuals estimate how much compensation they may receive from their personal injury claim. We partner with law firms throughout the United States to help produce the most accurate results. Our content and calculators are created with the help of top-rated attorneys and legal professionals.