What Are the Average 18 Wheeler Settlements?

The average settlement for 18-wheelers is one of the most frequently asked concerns by those involved in truck accidents.

The amount you will receive as a settlement is contingent upon many factors. The severity of your injuries, and the amount of damage you've suffered are just a few aspects to consider.

What to Expect From a Settlement

Many factors can affect the value of a settlement in a truck accident. Some of these include the severity and length of your injuries as in addition to the lost wages. Your lawyer might also consider future medical costs should you need to continue treatment because of your accident. This is often based on the testimony of doctors or other health care professionals. Additionally, your attorney will also look at the cost of repairing or replace any property that was damaged by the crash.

In general the majority of cases, settlements for 18-wheeler crashes are significantly higher than those for auto accidents of a normal nature. Truck accidents are more likely cause serious injuries than car accidents. It is not uncommon for the victims of truck accidents to incur damages in the hundreds of thousands or even millions of dollars.

You will also be entitled damages for non-economic damage in addition to your economic losses. These are not as quantifiable losses but are equally important to your overall recovery. For example, your non-economic losses might include your suffering and pain, loss of enjoyment of life, or disfigurement. Your lawyer will assess all your losses to make sure you get the compensation you deserve. This can take some time particularly if several parties share responsibility for the crash. A New York truck accident lawyer can help you settle the claim quickly and in a fair manner.

The Importance of Your Case

Many factors affect the value of your 18 wheeler accident case. Two primary ones are fault and damages. The importance of fault is that it determines the amount of compensation you are entitled to.

In Texas, you are only entitled to compensation if the driver who caused the accident was at minimum 50% responsible for the collision. Your attorney can use evidence to demonstrate that you were not equally responsible as the other party. This could significantly increase the amount of your settlement.

The other major factor that influences your potential settlement is the severity of your losses and injuries. Injuries sustained during an accident with an 18-wheeler could be more severe than injuries suffered in a car accident. This is because trucks weigh more than 80,000 pounds. This, when multiplied by the speed of travel generates far more force than a passenger vehicle can handle.

Therefore the most serious injuries that occur in an accident involving a massive truck can lead to significant or 18 wheeler accident even multi-million dollar settlements. In addition to the medical expenses of treating your injuries, you can also claim damages for 18 wheeler accident the effect the accident has affected your quality of life. This includes pain and discomfort as well as loss of enjoyment from life, and loss of companionship. It can be difficult to quantify these damages that are not economic, but our attorneys have years of experience creating and presenting the most convincing evidence possible of the financial impact of your crash.

How is the time it takes to receive a settlement?

If you submit a personal injury claim after an accident with an 18 wheeler accident lawsuits-wheeler, it could take longer to settle than car accidents because of the nature of the injuries that commonly occur in these accidents. Your lawyer will collaborate with medical experts to determine the full extent of your injuries, including future and ongoing medical expenses and lost wages. Damages that are not economic, which can be harder to calculate, will also be included in the settlement.

Your lawyer will draft the release forms that you have to sign once a settlement has been made. Once you have completed them the insurance company will review your case and issue an amount that you have agreed to. This process may take several weeks or even a whole month dependent on the circumstances.

The amount of fault each party carries in the incident will determine how long it will take to receive your settlement. In cases where there was more than one person responsible, it could be necessary to determine who is accountable for the injuries. Your experienced attorney can guide you through these negotiations and help find a fair settlement. If the insurance company refuses to negotiate with you, your lawyer will be able to file a lawsuit to obtain a higher monetary settlement.

How a Lawyer Can Help

There are over 100,000 injuries caused accidents involving 18 wheelers each year and many of them result in settlements and lawsuits which can be in the millions of dollars. Lawyers who specialize in these cases make huge sums of money.

Trucking companies have teams of lawyers working 24/7 to reduce claims, which means that victims need to have an experienced lawyer by their side. A lawyer can help them collect evidence, deal with insurance companies, and even argue their case in court to ensure that they get the maximum settlement amount possible.

An experienced attorney will also be aware of the need to sue other liable parties for compensation in addition to the trucking company. This could include a car manufacturer in the event of a crash caused by defective or defective components. It might also include the retailer or distributor in the event that the truck was stolen or sold without proper inspections and maintenance.

A good lawyer will ensure that the damages are accurately claimed that includes future and past medical expenses, lost income physical damage, emotional trauma, and suffering and pain. It is crucial to start a claim as fast as possible after the accident so that evidence is fresh and readily available. Additionally, waiting allows the trucking company and their lawyers time to prepare for trial and convince jurors that the victim was responsible.