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Why Am I Better Off Dealing With The Trucking Company’s Insurance Than With the Trucker?

Because the Insurance Adjuster Is Dealing With Other People’s Money.

Who would you rather try to get money from – a guy who is paying out of his own pocket, or someone who is paid to give away other people’s money.

Easy answer, right?

The only problem is that truck insurance doesn’t always work that way.

A lot of trucking companies have what are called “self retention” policies – a policy that provides that if there is a judgment or settlement against the trucker, the insurance company will come up with the money, but that the insurance company has the right to be repaid by the trucker.

And the trucker has the right to approve the settlement. And most people who have been in the trucking business are pretty tough.

So it’s not really “insurance” the way it usually works.
All the same, you can’t really tell what’s going on when you’re dealing with the other side. And, if there is real insurance, you’re probably better off. So when I see that an insurance company is involved, I am happier.

The worst case is that the trucking company’s owner is paying an outside person to tell him what the lawsuit is worth. Which is probably more than he will decide to pay on his own.

I have been a lawyer over 30 years. The trucking company – and its insurance – has to know that you’ll try the lawsuit if you have to. If you’ve been in an accident, give me, a Cincinnati personal injury attorney, a call. My phone is 513-621-4775.

Because all situations are different, and because there may be other facts pertaining to your case that I don’t know about, you should not rely on this answer for legal advice. I am not your attorney, and no lawyer client relationship has been formed. All discussions are limited to Ohio law unless otherwise indicated. And past performance cannot be used to predict future results. Finally, the law changes – sometimes overnight. So a correct answer today might be wrong tomorrow.

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