New York: The statistics are out for 2010 for semi truck, tractor trailer and commercial vehicle accidents in the U.S. And the numbers continue to go up. In 2010 over 500,000 large truck and commercial vehicles were involved in accidents; with over 100,000 people sustaining serious injuries, and over 5000 people dying in these crashes. This was compared to only 3200 deaths involving large trucks in 2009, according to the Insurance Institute for Highway Safety.
Don't expect these numbers to "flatten out" in the near future as over 20 percent more trucks are expected to hit the roads by 2012. One industry that tracks semi truck accident statistics is the legal funding industry, who have seen a large spike in semi truck accident Lawsuit Funding due to these increases.
Lawsuitssettlementfunding.com, Legal-Bay LLC, is a leader in assisting semi truck accident victims with 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 are 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 U.S. DOT to increase safety regulations to stem the death toll due to the increasing high number of accidents that continue to rise year over year.