What Are the Average 18 Wheeler Settlements?

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

The amount that you receive as a settlement depends on various factors. This includes the severity of your injuries and the amount of your damages.

What to Expect From a Settlement

There are a variety of factors that affect the value of a truck crash settlement. Some of these include the severity and length of your injuries, as well as the loss of wages. Your lawyer could include future medical expenses if you require ongoing treatment due to your accident. This is typically based on expert testimony from doctors or other health care experts. In addition, your lawyer will also take into consideration the cost of repairing or replace any property that was damaged by the crash.

In general 18 wheeler accident law firm wheeler settlements are generally considerably higher than standard auto accident settlements. Truck accidents are more likely to cause severe injuries than car accidents. It is also not uncommon for victims to suffer hundreds of thousands or even millions of dollars in damages total.

You'll also be entitled to damages for non-economic damage in addition to your economic losses. These are more difficult to quantify but are equally important to your overall recovery. For instance your non-economic losses may include your suffering and pain as well as loss of enjoyment of life, or even disfigurement. Your lawyer will be diligent to calculate all your losses and make sure you are properly compensated. This may take time especially if multiple parties are responsible for the accident. A New York truck accident lawyer can help you settle the case quickly and fairly.

What is the value of Your Case?

There are many factors that affect the value of your 18 wheeler accident case. Damages and fault are the two most significant. The issue of fault is significant, since it determines the amount of compensation you're entitled to.

In Texas the state of Texas, you're entitled to compensation if the other driver was at minimum 50% responsible for the accident. Your attorney may use evidence, however, to prove that you were not as at fault as the other party. This could greatly increase the amount of your settlement.

Another major aspect that affects your potential payout is the severity of your injuries and losses. The injuries sustained in collisions with 18-wheelers could be more serious than injuries sustained in a car crash. Trucks can weigh up 80,000 pounds and the force that they generate is much greater than that of the average car driver can handle.

The most serious injuries sustained in an accident that involves a large truck could lead to settlements of a million dollars or more. You could be awarded damages not just for medical costs associated with your injuries, but also the impact of the collision on your quality of life. This includes suffering as well as loss of enjoyment life as well as loss of companionship as well as other aspects. These non-economic damages can be difficult to quantify, however our attorneys can help you prepare and present the best evidence possible of the financial impact.

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

When you make a claim for personal injury after an accident with an 18-wheeler, it could take longer to settle than car accidents because of the nature of the injuries that commonly accompany such crashes. Your attorney will work closely with medical experts to determine the full extent of your injuries, including your current and future medical expenses as well as lost wages. Damages that are not economic, 18 Wheeler Accident which can be more difficult to calculate, will also be included in the settlement.

Your lawyer will create the release forms you need to sign when the settlement has been reached. When you sign them the insurance company takes care of your case and issues a check for agreed amount. This process may take several weeks or even a month, depending on the circumstances.

The most significant factor in determining how long it takes to get your settlement is the percentage of blame assigned to each party involved in the crash. In cases where more than one party is at fault it is possible for the parties to discuss who is accountable for your injuries. Your lawyer will guide you through the negotiation process and assist 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 obtain a higher monetary settlement.

How a lawyer can help

There are over 100,000 injuries resultant accidents caused by 18 wheeler accident attorney wheelers every year, and many of them lead to settlements and lawsuits that could be in the millions of dollars. Lawyers who specialize in these cases earn lots of income.

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

An experienced lawyer can determine if other parties are responsible for compensation, in addition to the trucking firm. This could include a vehicle manufacturer if the crash was caused by defective or faulty components. It could also be the retailer or distributor in the event that the truck was stolen or sold with no proper inspections and maintenance.

A good lawyer will ensure that the damages are correctly claimed including future and past medical expenses, lost income and property damage, 18 wheeler accident as well as pain and suffering, emotional trauma, and other losses. It is important to make your claim as quickly after the accident as you can to ensure that all evidence remains fresh. Additionally, waiting allows the trucking company and their lawyers more time to prepare for trial and convince a jury that the victim was responsible.