What Are the Average 18 Wheeler Settlements?

The average settlement for 18 wheeler accident lawsuit-wheelers is one of the most frequently-asked questions by people involved in truck accidents.

The amount you get in settlement is contingent upon a number of factors. The severity of your injuries and the amount of damage you've suffered are just a few factors to consider.

What You Can Expect From the Settlement

A variety of factors can impact the value of a settlement in an accident with a truck. These include the severity of your injuries, the amount of time required to recover, and lost wages. Your attorney may take into account future medical expenses if you have to continue your treatment as a result of your accident. This is often based on the testimony of doctors or other health care professionals. Your lawyer will also consider the cost of repairing or replacing any property damaged in the accident.

In general 18 Wheeler accident wheeler settlements are generally considerably higher than standard auto accident settlements. This is due to the fact that truck accidents tend to cause more serious injuries than regular car accidents. It is also not unusual that victims receive hundreds of thousands or millions of dollars in total damages.

You'll also be entitled to compensation for non-economic damages in addition to your economic losses. These are less quantifiable losses however they are equally important to your recovery. Non-economic losses could include pain and suffering, disfigurement, or the loss of enjoyment from your life. Your lawyer will diligently to estimate all of your losses and ensure that you receive the proper compensation. This can take time particularly if several parties are involved in the accident. However, a skilled New York truck accident attorney can assist you in settling your claim quickly and in a fair manner.

The Value of Your Case

Many factors affect the value of your 18-wheeler accident case. Fault and damages are the two most important. The importance of fault is that it determines the amount of compensation you're entitled to.

In Texas, you are only entitled to compensation if the other driver was at least 50% accountable for the collision. Your attorney may use evidence to prove that you were not as at fault as the other party. This could significantly increase the amount of your settlement.

The other major aspect that determines your potential amount of compensation is the severity of your injuries and losses. The injuries you experience in an accident with an 18-wheeler tend to be more severe than the ones you suffer in a typical car crash. Trucks can weigh up 80k pounds and the force they exert is much greater than that of the average car driver can handle.

Therefore, the most serious injuries sustained in an accident involving a huge truck could result in significant or even multi-million-dollar settlements. In addition to the medical expenses of treating your injuries, you could also claim damages for the effects the crash has had on your quality of life. This can include pain and discomfort as well as loss of enjoyment from life, 18 wheeler accident and loss companionship. These non-economic damages are typically difficult to quantify, but our lawyers can assist you to create and present the most convincing evidence of the financial impact.

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

When you file a personal injury claim following an accident involving an 18 wheeler accident-wheeler vehicle, it can take longer to settle than car accidents due to the seriousness of injuries that usually accompany such crashes. Your attorney will work closely with medical professionals to determine your total damages, including both current and future medical expenses and lost wages. Non-economic damages, which may be more difficult to calculate are also included in the settlement.

If a settlement has been reached the lawyer will prepare release forms for you to sign. Once you've signed them, the insurance company will review your case and issue an amount agreed upon. This process can take a few weeks to a month or more for many reasons, such as clerical errors and delays in the mail system.

One of the most important factors in determining how long it takes to get your settlement is the percentage of fault attributed to each of the parties involved in the crash. If there more than one party responsible, it could be necessary to determine who is accountable for the injuries. Your experienced attorney can guide you through these negotiations and help you reach a fair settlement. If the insurance company doesn't negotiate with you, then your lawyer will make a claim to secure a larger settlement.

How a lawyer can help

Over 100,000 accidents that involve 18-wheelers cause injuries each year. Many of these accidents result in lawsuits or settlements worth millions of dollars. Lawyers who specialize in these cases make huge sums of money.

A trucking firm has a team of attorneys who work around all hours to reduce claims. Victims require a skilled lawyer to represent them. A lawyer can help collect evidence, negotiate with insurance companies and even argue their case in court to ensure they get the most settlement possible.

A seasoned attorney will be aware of whether they should bring other parties liable for compensation in addition to the trucking company. This could include a car manufacturer when the accident was caused by defective or damaged parts. It could also include a retailer or distributor if the truck was stolen or sold with no proper inspections and maintenance.

A good attorney will ensure that all damages are properly claimed including past and future medical expenses, lost income and property damage, as well as emotional trauma and other expenses. It is essential to make a claim as quickly as you can following the accident to ensure that evidence is fresh and available. Additionally, waiting allows the trucking company and their team of lawyers more time to prepare for trial and convince jurors that the victim was responsible.