What Are the Average 18 Wheeler Settlements?

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

The amount you get as a settlement is contingent on many factors. This includes the extent of your injuries and the extent of your injuries.

What to Expect From the Settlement

There are a variety of factors that affect the value of a truck accident settlement. Some of these include the severity of your injuries, the amount of time it took to heal, as well as your lost wages. Additionally, 18 wheeler Accident your attorney may take into account future medical costs if you will require ongoing treatment due to your accident. This is usually based on the testimony of medical doctors or other professionals. Your lawyer will also consider the costs of repairing or replacing any property damaged in the accident.

In general, settlements for 18-wheeler accidents are much higher than those for standard auto accidents. This is due to the fact that truck accidents typically cause more serious injuries than normal car crashes. It is not uncommon for victims to suffer hundreds of thousands or even millions of dollars in total damages.

You also have the right to compensation for 18 wheeler accident non-economic damages in addition to your economic losses. These are not as quantifiable losses but are equally important to your overall recovery. Non-economic losses could include pain and suffering and disfigurement or loss of enjoyment in your life. Your lawyer will calculate all your losses to ensure that you receive the amount you are entitled to. This may take a long time, especially if multiple parties are involved in the crash. A New York truck accident lawyer can help you settle the claim quickly and in a fair manner.

The Benefits of Your Case

Many factors affect the value of your 18 wheeler accident case. Two primary ones are the fault and damages. It is crucial to be able to identify fault, as 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 least 50% accountable for your accident. However, your attorney may make use of evidence to prove that the other party was much more responsible than you were. This could substantially increase the amount of your settlement.

Another aspect that affects your potential settlement is the severity of your losses and injuries. The injuries you suffer in a crash with an 18-wheeler can be more severe than the ones you suffer in a normal car crash. This is because trucks weigh more than 80,000 pounds, and when multiplied by the speed of travel produces far more force than a standard passenger vehicle can handle.

The most serious injuries that occur in an accident involving a large truck can result in settlements that amount to millions of dollars or more. You can recover damages not only for the medical expenses associated with your injuries, but also for the impact of the collision on your life quality. This includes suffering and pain, loss of enjoyment of life and companionship loss, among other things. These damages are usually difficult to quantify, but our lawyers can help you prepare and present the best evidence possible of the financial impact.

How long does it take to receive a settlement?

It can take longer for an injury claim to be settled after an accident involving an 18-wheeler because of the severity and frequent nature of injuries. Your lawyer will work with medical experts to determine the complete extent of your injuries, including both current and future medical expenses and loss of wages. Damages that are not economic, which can be more difficult to calculate, will also be included in your settlement.

Once a settlement is reached your lawyer will draft release forms for you to sign. Once you sign them, the insurance company takes care of the case and sends you an agreement-based check. This process can take between a few weeks and at least a month due to many reasons, including clerical error and delays in the mail system.

A major factor in determining the time it takes to get your settlement is the proportion of blame assigned to each person involved in the crash. In cases where there more than one party at fault, it may be necessary to negotiate who is responsible for the injuries. Your lawyer will guide you through the negotiation process and assist you reach an equitable settlement. If the insurance company is unwilling to negotiate with you, your lawyer will be ready to file a lawsuit to secure a greater monetary settlement.

What Lawyers Can Do to Help

There are more than 100,000 injury resultant accidents caused by 18 wheeler accident lawyers wheelers every year, and the majority of them result in settlements and lawsuits that can reach into the millions of dollars. This is a big business for lawyers who specialize in settling these cases.

Trucking companies have teams of lawyers working throughout the day and night to limit claims, so victims must have an experienced lawyer by their side. A lawyer can assist victims find evidence, negotiate their case with insurance companies and even present their case in court to get the most money for their claim.

A lawyer with experience will know whether other parties are accountable for compensation, in addition to the trucking company. This could include a vehicle manufacturer in the event of a crash caused by defective or defective parts. This could also include a retailer, distributor or manufacturer if the vehicle was stolen or sold with no proper maintenance or inspections.

An experienced attorney will ensure that all damages are claimed accurately for past and future medical costs, lost incomes physical damage, emotional trauma and suffering and pain. It is essential to submit a claim as soon as you can following the accident to ensure that the evidence is fresh and available. Also, waiting gives the trucking company and their lawyers more time to prepare for trial and convince a jury that the victim is responsible.