The Value of an 18 Wheeler Settlement

You could be eligible to file an claim if an 18 wheeler accidents-wheeler rear-ends your vehicle. The value of your settlement will be determined by the severity and nature of your injuries.

You may also seek damages in the event that you lose income. It is best to wait until the doctor is sure that your injuries are permanent.

Compensation for injuries

The severity of the injury suffered by the victim determines the value of a settlement in an 18-wheeler crash. Injuries sustained in truck accidents tend to be far more severe than car crash injuries and the resulting damage can reflect this. The amount of compensation given to victims is contingent on many factors.

Medical expenses are an important factor in determining the settlement for a trucking collision. The cost of both past and future treatments will be considered when calculating this amount, which can include any transportation expenses to and from appointments with your doctor. The loss of income is a different factor, as is the impact of the accident on your lifestyle. If your injuries prevent you from working for the foreseeable future and you are unable to work, this may be included in a request for compensation.

It is not unusual for victims to collect hundreds of thousands and even millions of dollars in an 18 wheeler or truck settlement after an accident. The settlements are more than those given in a typical auto accident, and a lot of them surpass records.

Our lawyers will investigate any parties that might be accountable for your losses, which includes the truck driver, the company they work for, and any third-party businesses that may have contributed to the accident. Companies that load cargo, for instance, can be held responsible when they fail to properly stack or over-load cargo onto the trailer. If the accident was caused by faulty parts of the truck or vehicle, you can also seek compensation from the manufacturer or distributor.

Damages for Pain and Suffering

In addition to the economic loss victims may also seek compensation for their pain and suffering. This refers to the psychological and emotional distress that is caused by injury. It's difficult for you to quantify and is therefore an important element of your claim. Our lawyers will estimate your non-economic losses in order to receive an appropriate settlement for your injuries.

Some victims suffer from persistent and severe injuries. The medical expenses and the future losses of these victims are likely be significant. Experts such as economists or medical professionals can help calculate the damages. Insurance companies can try to reduce your losses by saying that the accident didn't cause your condition, but that it existed prior to. Our team will challenge these claims to get you the compensation you are due.

Often, more than one party could be held accountable for an accident that involves an 18-wheeler. The company who employs the driver may also be held accountable. If the truck was not correctly loaded and the crash was the result of this the loading company could be held accountable.

It can seem like it takes forever to settle a truck accident case. However, it's important to know that you shouldn't settle a personal injury claim until you reach the maximum medical improvement (MMI). Settling too soon means that you are accepting an offer which does not compensate you for your injuries.

Damages for Economic Loss

The most significant losses in a crash involving a truck are the economic losses. These include lost wages, property damage, and the cost of fixing or replacing your vehicle, as well as any other things you may have lost in the accident.

Due to the size and weight of these vehicles, trucks aren't able to maneuver as easily as passengers vehicles to avoid crashes. Rear-end collisions are more risky because trucks take longer to stop. The impact can be catastrophic and life-altering.

Insurance companies and trucking companies will do anything to reduce their liability for the injuries of the victim. This includes the use of negotiations in a bid to extend the time limit for filing a lawsuit.

An experienced lawyer can fight back against the tactics used by these parties and ensure you receive maximum compensation for your injuries.

If more than one person was responsible for the collision, comparative negligence laws may affect your final settlement verdict. However, your lawyer has the expertise and experience to determine all parties liable and take legal action against them on your behalf. This increases your chance of obtaining the maximum amount you are entitled to. Contact Kaine Law now for a consultation at no cost. Our lawyers will review your case, discuss your legal options and discuss the potential benefits of your truck accident claim.

Damages for non-economic losses

Although many accidents can be settled out of court without a trial, it is not always possible with trucking companies or their insurance providers. The complicated nature of these cases as well as the nature of the injuries often mean that a lawsuit needs to be filed for victims to receive fair compensation.

Our firm has the resources necessary to pursue the most favorable settlement for your case. We will use experts to reenact the accident and other methods to prove your losses. This may include vocational and medical experts as well as economic loss specialists that can determine the value of your future and past damages.

In addition, we could also hold other parties responsible when they contributed to the incident. This is especially true when the other party failed to meet its legal obligations, such as by failing to maintain the truck or hire a qualified driver.

We can also file a lawsuit against the trucking company who employed the driver or if it was owned and operated by another company. Trucking companies could be held accountable for a variety reasons like forcing their drivers into unreasonable working hours or reducing costs through not ensuring proper maintenance for the vehicle. You can also bring a claim against a truck manufacturer when a defective component is found to have caused an accident.