What Are the Average 18 Wheeler Settlements?

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

The amount you will receive in settlement will depend on a variety of factors. This includes the extent of your injuries and the extent of your damages.

What to Expect from a Settlement

There are many variables that can impact the value of a truck crash settlement. One of them is the severity and duration of your injuries as well as the loss of wages. In addition, your lawyer may consider future medical expenses in the event that you require ongoing medical treatment because of your accident. This is typically based on the testimony of medical doctors or other professionals. Additionally, your attorney will also consider the cost to repair or replace any property damaged in the crash.

Generally speaking, 18 wheeler settlements are much larger than standard auto accident settlements. This is due to the fact that truck accidents typically result in more severe injuries than typical car crashes. It is not uncommon for victims to be awarded hundreds of thousands or even millions of dollars in damages total.

You also have the right to 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. Non-economic losses may include suffering and pain and disfigurement or loss of enjoyment in your life. Your lawyer will be diligent to calculate all of your losses and make sure you get the right amount of compensation. This can take some time, especially if multiple parties share responsibility for the accident. A New York truck accident lawyer 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. Fault and damages are the two most significant. The issue of fault is that it determines how much you can receive in compensation.

In Texas the law states that you can only claim damages if the liable party was at least 50 percent responsible for your collision. Your lawyer can use evidence to show that you weren't in the same way as the other party. This could increase the amount of your settlement significantly.

The extent of your injuries or losses will also impact the amount you can expect to receive. The injuries sustained in an accident with an 18-wheeler can be far more serious than injuries sustained in a car accident. This is because trucks weigh more than 80,000 pounds. This, when multiplied by the speed of travel results in much more force than a passenger vehicle can handle.

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

The time it takes to Receive an Settlement

When you file a personal injury claim following an accident with an 18-wheeler, it may take longer to settle than car accidents because of the seriousness of injuries that usually accompany such crashes. Your attorney will work closely with medical professionals to determine the extent of your injuries, which include current and future medical expenses and lost wages. The settlement will also cover economic damages that are difficult to quantify.

If a settlement has been reached your lawyer will then prepare release forms for you to sign. Once you have completed them the insurance company will take care of your case and issue the amount that you have agreed to. This process may take several weeks or even a month depending on the situation.

The percentage of fault each party is accountable for in the accident will determine the time it will take to receive your settlement. If there was more than one person at fault, it may be necessary to negotiate who is responsible for the injuries. Your attorney will guide you through the negotiation process and help you negotiate a fair settlement. If the insurance company is unwilling to negotiate with you, your attorney will be able to file a lawsuit in order to receive a larger monetary settlement.

What can a lawyer do to help

There are over 100,000 injuries causing accidents with 18 wheeler accident lawyers wheelers each year and many of them result in settlements and lawsuits that can amount to millions of dollars. This is a huge business for lawyers who specialize in settling these cases.

Trucking companies have whole teams of lawyers working 24/7 to reduce claims, so victims must have an experienced lawyer on their side. A lawyer can help them collect evidence and 18 Wheeler Accident deal with insurance companies, and even argue their case in court to ensure they get the most settlement possible.

A seasoned attorney will know when they must sue other liable parties for compensation, in addition the trucking company. It could be the manufacturer of the vehicle in the event that the crash was due to defective or defective components. It could also be distributors or retailers if the truck was sold or stolen without proper inspections and maintenance.

An experienced attorney will ensure that the damages are accurately claimed that includes future and past medical costs, lost incomes and property damage, as well as emotional trauma and pain and suffering. It is essential to make your claim as quickly after the incident as you can so that all evidence is still fresh. Waiting gives the trucking firm and their attorneys more time to prepare for trial and convince juror that the victim was responsible.