What Are the Average 18 Wheeler Settlements?

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

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

What to Expect from a Settlement

Many factors can affect the value of a settlement for a truck accident. Some of these factors include the severity and length of your injuries, as in addition to the lost wages. Furthermore, your attorney might factor in future medical expenses should you require ongoing treatment due to your accident. This is typically based upon expert testimony from doctors or other health care experts. Additionally, your lawyer will also consider the cost of repairing or replace any property damaged by the crash.

Generally speaking the settlements for 18 wheeler accident attorneys wheelers are more substantial than typical auto accident settlements. Truck accidents are more likely cause severe injuries than car accidents. It is not uncommon that victims receive hundreds of thousands or millions of dollars in total damages.

You also have the right to damages for non-economic damage in addition to your economic losses. These are not quantifiable losses however they are equally important to your recovery. Non-economic losses include suffering and pain disfigurement, loss of a body part, or the loss of enjoyment from your life. Your lawyer will diligently to estimate all of your losses and ensure that you are compensated appropriately. This may take time, especially when multiple parties are responsible for the accident. A New York truck accident lawyer can help you settle the claim quickly and 18 wheeler accident fairly.

The Benefits of Your Case

Several factors influence the value of your 18-wheeler accident case. Two primary ones are fault and damages. The importance of fault is that it determines the amount of compensation you are entitled to.

In Texas, you can only recover damages if the other party was at least 50% responsible for your collision. However, your attorney can utilize evidence to prove the other party was more responsible than you were. This could significantly increase the amount of your settlement.

The extent of your injuries or losses can affect your payout. Injuries sustained during an accident with an 18-wheeler could be more serious than injuries sustained in a car accident. This is due to the fact that trucks weigh more than 80,000 pounds. This, when multiplied by the speed of travel produces much more force than what a passenger vehicle is able to withstand.

Thus the most serious injuries resulting from an accident involving a huge truck could lead to substantial or even multi-million-dollar settlements. In addition to the medical costs of treating your injuries, it is possible to also claim damages for the effects the crash has had on your quality of life. This can include pain and discomfort and loss of enjoyment in life, and loss companionship. It is often difficult to quantify these damages however our attorneys have extensive experience in preparing and presenting the best evidence possible of the financial impact of your accident.

How is the time it takes to receive a settlement?

When you make a claim for personal injury following an accident with an 18 wheeler accident (click through the following page)-wheeler vehicle, it can take longer to settle than car accidents because of the severity of injuries that typically occur in these accidents. Your attorney will work with medical experts to determine the full extent of your injuries, including the future and present medical expenses as well as loss of wages. The settlement will also cover non-economic damages, which can be difficult to calculate.

If a settlement has been reached, your lawyer will prepare release forms for you to sign. When you sign them the insurance company will process the case and sends you the check in the amount you agreed to. The process can take anywhere from several weeks to up to a month for several reasons, such as clerical errors and delays in the mail system.

A major factor in determining how long it takes to get your settlement is the percentage of fault attributed to each party involved in the crash. If there more than one party at fault, it may be necessary to negotiate who is responsible for the injuries. Your attorney will guide you through the negotiation process and assist to reach a fair settlement. If the insurance company isn't willing to agree to negotiate with you, your lawyer is ready to pursue a lawsuit for a higher settlement.

How can a lawyer help?

Over 100,000 accidents involving 18-wheelers lead to injuries every year. Many of these accidents lead to settlements or lawsuits worth millions of dollars. This is a huge business for lawyers who specialize in litigating these cases.

Trucking companies have teams of lawyers working all every day and night to reduce the risk of claims, therefore victims must have an experienced lawyer by their side. A lawyer can help collect evidence, negotiate with insurance companies and even argue their case in court to ensure they get the maximum settlement amount possible.

An experienced attorney will be aware of the need to pursue other responsible parties for compensation, in addition the trucking company. It could be the car manufacturer, if the crash was caused by defective or defective components. It could also involve a distributor or retailer if the truck was stolen or sold with no proper inspections and maintenance.

A good lawyer will ensure that all damages are properly claimed, including past and future medical costs, lost incomes damages to property, emotional trauma and pain and suffering. It is crucial 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 time to prepare for trial and convince a jury that the victim was at fault.