Commercial Vehicle Accident Settlement Amounts

Accidents involving commercial vehicles such as delivery vans, box trucks, tow trucks, and company cars often result in higher settlements than ordinary car accidents. Commercial vehicles are typically larger and heavier, causing more severe injuries, and commercial insurance policies have higher coverage limits.

Average Settlement Amounts

Minor injuries settle for $25,000 to $100,000. Moderate injuries settle for $75,000 to $300,000. Serious injuries settle for $200,000 to $750,000. Catastrophic injuries settle for $500,000 to $5,000,000 or more.

Why Commercial Vehicle Settlements Are Higher

Higher insurance policy limits, often $1 million or more. Employer liability under respondeat superior. Federal and state regulations that establish a higher standard of care. More severe injuries due to vehicle size and weight.

Employer Liability

The company that owns the commercial vehicle is typically liable for accidents caused by their employees while performing work duties. This is called respondeat superior or vicarious liability.

Conclusion

Commercial vehicle accident settlements are typically higher than ordinary car accident settlements due to higher insurance limits and employer liability.

Use our free settlement calculator to estimate what your case might be worth.