The number of semi-truck, tractor trailer and commercial vehicle accidents continues to rise in the US. In 2010 over 500,000 large truck and commercial vehicles were involved in accidents; with over 100,000 people sustaining serious injuries and over 5,000 people dying in these crashes. This was compared to only 3,200 deaths involving large trucks in 2009, according to the Insurance Institute for Highway Safety (IIHS).
Don’t expect these numbers to flatten out in the near future as over 20% more trucks are expected to hit the roads. One industry that tracks semi-truck accident statistics is the Legal Funding Industry, who has seen a large spike in lawsuit funding due to these increases.
Legal‑Bay LLC, is an industry leader in assisting victims with much needed lawsuit funding to obtain cash before their cases settle. Legal‑Bay’s CEO, Dave Kole, commented on the statistics, “We have seen a large increase in plaintiffs seeking a lawsuit cash advance for commercial vehicle accidents recently. The problem is alarming since the more accidents that continue to occur, the more lawsuits are then filed, and the more backed up the court systems get. It is a problem for everyone across the board, since insurance companies in these types of cases are very slow to settle. However, most affected by this is the many innocent accident victims who have been seriously injured by commercial vehicles and desperately need lawsuit funding just to pay for basic living needs. Unfortunately, these statistics are troubling for accident victims since the trend only seems to be going higher and higher each year.”
Many safety groups have called for the US Department of Transportation (DOT) to increase safety regulations to stem the death toll due to the increasingly high number of truck, tractor and commercial vehicle accidents that continue to rise year over year. This is especially true in large states with large commercial truck traffic such as: California, Texas, New York, Florida, Ohio, Pennsylvania, and Arizona.
If you or a family member has been hurt or killed in a truck accident in Missouri, Arkansas or Nebraska, Contact us at The Morrissey Law Firm, P.C., for an experienced truck crash attorney to discuss your case. Let us put our over 16 years of experience to work for you. Call today so one of our personal injury attorneys can answer any questions you may have.