Tractor Trailer Accidents and Insurance in Arizona

Arizona is a state that not only has its own enormous economy, but it also is a gateway to several nearby states such as California that must have goods delivered on a daily basis. For this reason and many more, motorists in Arizona are used to sharing the roads with tractor trailers that are hauling cargo. Unfortunately, Arizona tractor trailer accidents can and do occur, and when they do they can often lead to disaster. Anyone who has been harmed in this manner needs to seek the immediate help of an experienced Phoenix tractor trailer accident attorney.

Below you’ll find information regarding Arizona tractor trailer accident statistics, the nature of insurance policies that cover drivers and companies that handle commercial hauling, basic insurance requirements for tractor trailers in Arizona, why Arizona tractor trailer accident attorneys can help those who have been harmed in these accidents and finally how you should proceed if you need the advice of experienced Phoenix trucking accident lawyers.

Arizona Tractor Trailer Accident Statistics

As stated above, Arizona tractor trailer accidents occur at an alarming rate. Every year in the state, more than 6,300 such accidents occur. In addition, these collisions involve more than 1,600 accidents that lead to at least one injury and more than 100 accidents that lead to at least one fatality. Broken down further, this means that more than 525 such accidents occur in the state on a monthly basis, and more than 125 collisions occur that lead to at least one injury. Finally, nearly two Arizona tractor trailer accidents occur on a weekly basis that lead to at least one fatality.

The Nature of AZ Tractor Trailer Insurance Policies

Anyone who has ever taken out an auto insurance policy understands that these policies are basically contracts, and they are extremely complicated in their language. These voluminous documents are largely written purposely to be ambiguous in order to minimize the risks that insurance companies face. There are many situations where even the most experienced experts do not understand certain tenets of an insurance policy.

Basic Insurance Coverage Requirements for Arizona Tractor Trailers

Arizona is generally known to be somewhat lenient in terms of its insurance coverage requirements for tractor trailers. Like every other jurisdiction, commercial haulers are required to have coverage, but the state only requires the following:

• At least $15,000 in coverage per bodily injury per accident
• At least $30,000 in coverage in total for bodily injury per accident
• At least $10,000 in coverage for property damage per accident

In addition, most insurance policies carry liability coverage, and most limits reach to $1 million, although there are discount’ policies that limit liability coverage to $500,000.

How Phoenix Tractor Trailer Accident Attorneys Can Help

When an Arizona trucking accident occurs, people who have been wrongfully injured should not expect the insurance company that covers the tractor trailer to simply offer a settlement that’s fair and that compensates those who have been harmed for their financial losses and their pain and suffering.

Insurance companies are for-profit corporations, and most will depend on the ambiguous language in their policies to attempt to shield themselves from paying claims. This reality exists for obvious reasons, as their profit is largely defined by the amount of revenue they generate and the amount of liability they incur by way of the payment of claims.

Therefore, those who have been harmed in this manner should seek the immediate help of experienced Arizona tractor trailer accident lawyers because it can change the entire approach that’s used by the insurance company that covers the driver that’s responsible for the accident. For instance, insurance companies will tend to low-ball their settlement offers to injured parties who do not have legal representation because they are fully aware that those who have been harmed need money to cover their losses and they do not generally have a deep understanding of the law.

However, when Phoenix, AZ trucking accident lawyers are involved, insurance companies realize that these tactics will not work for them, and they also tend to realize that there will be no hesitation to file an Arizona personal injury lawsuit if it becomes apparent that a fair settlement will not be reached. In addition, the process can move more quickly if the insurance company understands that there is no chance that a low settlement offer will be accepted.

Contact an Experienced Phoenix Tractor Trailer Accident Lawyer

If you or someone you love has been harmed in a tractor trailer accident, you owe it to yourself and to your family to avoid taking legal matters into your own hands so that you can concentrate on your recovery. You’ll also be able to rest assured that your legal rights will be protected and enforced. Contact the Phoenix tractor trailer accident attorneys at Phillips Law Group today to schedule a free initial consultation.