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West Palm Beach Business Litigation Attorneys / Blog / Truck Accident / Is there a Maximum Compensation for a Truck Accident in Florida?

Is there a Maximum Compensation for a Truck Accident in Florida?

Pike New

Through a truck accident claim in Florida, injured victims have the right to seek compensation for economic losses and non-economic losses. The answer depends on a wide range of case-specific factors. With that being said, it is important to know that technically speaking there is no maximum compensation for a truck accident injury claim in Florida. In this article, our West Palm Beach trucking accident attorney highlights the key things to know about your ability to recover compensation in a personal injury claim in Florida.

Your Initial Claim is Through Your Own Personal Injury Protection (PIP) Coverage

Florida is a no-fault jurisdiction for motor vehicle crashes, including commercial truck wrecks. Your initial claim is a no-fault claim through your own Personal Injury Protection (PIP) coverage. While there is no true maximum cap on truck accident compensation in Florida, your PIP insurance policy will have a limit. For most people it is $10,000. Indeed, PIP benefits are limited in scope too. They do not cover full wage loss, future care, pain and suffering, or other non-economic harm.

You Have the Right to Seek Compensation for All Economic Damages

There is no statutory cap on economic damages in Florida truck accident cases. An injured victim may pursue full compensation for past and future medical expenses, rehabilitation costs, lost income, diminished earning capacity, and out-of-pocket losses. Truck accidents often involve catastrophic injuries with long-term financial consequences. Economic damages must be proven through medical records and other reliable documentation.

There is No Cap On Non-Economic Damages in Florida

Florida law does not impose a general cap on non-economic damages in personal injury cases. That includes pain and suffering, mental anguish, loss of enjoyment of life, and disability. In truck accident litigation, non-economic damages often exceed economic losses due to the severity of injuries. As they are not tied to a specific dollar figure, non-economic damages can be more challenging to prove. Insurance companies often try to pay out less. Still, they are very real and fully compensable under Florida law. There is no cap.

Punitive Damages May Be Recoverable in Limited Cases (But They are Capped) 

Punitive damages are not automatic in Florida truck accident cases. They are available only when the defendant’s conduct rises to intentional misconduct or gross negligence. Even when permitted, punitive damages are capped by statute. Florida Statutes section 768.73 generally limits punitive damages to three times the amount of compensatory damages or $500,000, whichever is greater.

Get Help From Our Top West Palm Beach Semi-Truck Accident Lawyer Today

At Pike & Lustig, LLP, our West Palm Beach truck accident attorney is always prepared to go the extra mile to fight for justice for injured victims. You do not have to take the insurance company alone. If you are seeking the maximum compensation after a truck accident, we are here to help. Contact us today for a free case review. We handle truck accident claims throughout South Florida.

Source:

leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0768/Sections/0768.73.html

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