What Are the Average 18 Wheeler Settlements?

One of the most frequent questions that those who have been involved in truck accidents is "What are the average 18 wheeler accident attorney wheeler settlement?"

The amount you will receive as a settlement is contingent on several aspects. This includes the extent of your injuries and the amount of your damages.

What You Can Expect From A Settlement

A variety of factors can impact the value of a settlement for an accident involving a truck. These include the severity of your injuries, the amount of time it took to recover, and lost wages. Your lawyer might include future medical expenses in the event that you need to continue treatment because of your accident. This is usually based on the testimony of medical doctors or other experts. In addition, your lawyer will also consider the cost to repair or replace any property that was damaged during the crash.

Generally speaking the settlements for 18 wheelers are more substantial than typical auto accident settlements. This is due to the fact that truck accidents tend to cause more serious injuries than standard car crashes. It is also not unusual for victims to receive hundreds of thousands or millions of dollars in damages total.

You will also be entitled compensation for damages that are not economic in addition to your economic losses. These are more difficult to quantify but are equally important to your overall recovery. Non-economic losses can include pain and suffering disfigurement, loss of a body part, or the loss of enjoyment from your life. Your lawyer will be diligent to calculate all your losses and ensure you are compensated appropriately. It can take some time particularly if several parties are responsible for the crash. However, a skilled New York truck accident attorney can help you settle your claim quickly and fairly.

The Value of Your Case

The value of your 18-wheeler accident case is affected by several factors. Damages and fault are the two most important. It is crucial because it determines how much you are entitled to in compensation.

In Texas in Texas, you're entitled to compensation if the other driver was at least 50% at fault for your accident. However, your attorney may use evidence to prove that the other party was much more at fault than you were. This could increase the amount of your settlement substantially.

The extent of your losses or injuries will also impact the amount you could receive. Injuries sustained during an accident with an 18-wheeler can be far more serious than injuries sustained in a car crash. Trucks can weigh upwards of 80,000 pounds and the force they exert is far more than what a passenger car can handle.

Therefore the most serious injuries resulting from an accident involving a huge truck can lead to significant or even multi-million-dollar settlements. In addition to the medical expenses of treating your injuries, it is possible to also claim damages for the effect the accident has caused to your quality of life. This can include pain and discomfort, loss of enjoyment in life, and loss of companionship. It is often difficult to quantify these damages however our attorneys have years of experience in providing the best possible evidence of the financial impact of your crash.

How is the time it takes to receive an amount of money?

If you make a claim for personal injury following an accident involving an 18-wheeler, it could take longer to settle than car accidents because of the seriousness of injuries that usually occur in these accidents. Your lawyer will work with medical professionals to determine your total injuries, including your current and future medical costs and lost wages. Non-economic damages, which could be difficult to calculate, will also be included in your settlement.

If a settlement has been reached the lawyer will prepare release forms for you to sign. After you sign them, the insurance company will process your case and issues an amount agreed upon. This process may take several weeks or even a whole month, depending on the circumstances.

The amount of fault each party is accountable for in the accident will determine the time it will take to get your settlement. If there more than one party at fault, it may be necessary to negotiate who is responsible for the injuries. Your lawyer will be able to guide you through these negotiations and help negotiate a fair settlement. If the insurance company refuses to negotiate with you, your lawyer will be ready to file a lawsuit in order to get a better settlement.

How a lawyer can help

There are over 100,000 injury accident-related accidents that occur with 18 wheelers each year and most of them result in lawsuits and settlements that can reach into the millions of dollars. Lawyers who specialize in these cases make a lot of income.

A trucking company has a team comprised of lawyers who work around all hours to reduce claims. Victims require an experienced lawyer by their side. A lawyer can help them collect evidence and negotiate with insurance companies and even argue their case in court to ensure they get the maximum settlement amount possible.

An experienced attorney will also be aware of whether they should seek out other responsible parties for compensation in addition to the trucking company. It could be the manufacturer of the vehicle and the driver if the crash occurred due to defective or damaged components. It could also be a distributor or retailer if the truck was stolen or sold with no proper inspections and maintenance.

A competent attorney will ensure that all damages are claimed correctly including past and future medical expenses, lost income and property damage, as well as emotional trauma and other losses. It is essential to make your claim as quickly following the accident as soon as you can to ensure that all evidence is fresh. Waiting gives the trucking firm and their team of attorneys more time to prepare for the trial and convince a jury that the victim was at fault.