What Are the Average 18 Wheeler Settlements?

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

The amount you receive as a settlement is contingent on several aspects. The severity of your injuries, and the extent of the damages you've suffered are just a few aspects to be considered.

What You Can Expect From the Settlement

There are many factors that can affect the amount of a settlement for a truck accident. One of them is the severity and duration of your injuries, as well as your lost wages. Your lawyer might take into account future medical expenses if you are required to continue treatment because of your accident. This is typically based on expert testimony from doctors or other health experts. Your lawyer will also take into account the cost of repairing or replacing any property damaged by the accident.

In general the case of 18 wheeler accident law firms-wheeler accidents, settlements are much higher than those for auto accidents of a normal nature. Truck accidents are more likely cause severe injuries than car accidents. It is not uncommon for victims of truck accidents to suffer damages of hundreds of thousands, or even millions of dollars.

In addition to your economic losses, you will also be legally entitled to compensation for non-economic losses. These are not as quantifiable, but they are equally important to your recovery. Non-economic losses could include pain and suffering and disfigurement or loss of enjoyment of your life. Your lawyer will assess all your losses to make sure you receive the amount you are entitled to. This can take some time especially if several parties are involved in the crash. A New York truck accident lawyer can help you settle your claim quickly and fairly.

The Value of Your Case

There are many factors that affect the worth of your 18-wheeler accident case. Two of the most important 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 percent responsible for the collision. Your attorney may use evidence, however, to show that you weren't in the same way as the other party. This could increase the amount of your settlement significantly.

The severity of your injuries or losses will also impact your payout. Injuries that result from an accident with an 18 wheeler accidents-wheeler can be much more serious than injuries sustained in a car accident. Trucks can weigh up 80,000 pounds and the force that they generate is far greater than what an average car can manage.

Thus the most serious injuries in an accident with a large truck could result in significant or even multi-million-dollar settlements. You can recover damages not only for the medical expenses resulting from your injuries, but also for the impact of the crash on your quality of life. This includes pain and discomfort and loss of enjoyment in life, and loss of companionship. These non-economic damages can be difficult to quantify, however our attorneys can help you create and present the most convincing evidence of the financial impact.

How is the time required to receive an amount of money?

If you submit a personal injury claim following an accident with an 18-wheeler, it could take longer to settle than car accidents due to the severity of injuries that typically accompany such crashes. Your attorney will work closely with medical experts to determine the extent of your injuries, including your current and future medical expenses and lost wages. Non-economic damages, which may be more difficult to calculate, will also be included in the settlement.

If a settlement has been reached, your lawyer will prepare release forms for you to sign. After you've completed them the insurance company will process your case and issue an amount agreed upon. This process can take a few weeks or even a whole month dependent on the circumstances.

A key factor in determining how long it takes to receive your settlement is the percentage of blame assigned to each person involved in the crash. If more than one party was at fault there is a possibility that the parties will have to negotiate over who is responsible for 18 wheeler accident attorney your injuries. Your lawyer will guide you through the negotiation process and help you reach an equitable settlement. If the insurance company refuses to negotiate with you, your lawyer will be able to file a lawsuit to secure a greater monetary settlement.

What can a lawyer do to help

Over 100,000 accidents involving 18 wheeler accident attorney-wheelers cause injuries each year. Many of these accidents lead to settlements or lawsuits that amount to millions of dollars. This makes it big business for lawyers who specialize in settling these cases.

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 assist them gather evidence, deal with insurance companies, and even argue their case in court to ensure that they get the most settlement possible.

An experienced attorney will know when they must sue other liable parties for compensation in addition to the trucking company. This could include a vehicle manufacturer when the accident was caused by defective or ineffective components. It could also be the retailer or distributor in the event that the truck was sold or stolen without proper inspections and maintenance.

An experienced attorney will ensure that all damages are claimed accurately that includes future and past medical costs, lost incomes and property damage, as well as emotional trauma, and pain and suffering. It is important to make your claim as quickly after the incident as you can so that all evidence is fresh. Also, waiting gives the trucking company and their legal team more time to prepare for trial and convince a jury that the victim was at fault.