What Are the Average 18 Wheeler Settlements?

One of the most commonly asked questions that people who have been involved in truck accidents is "What is the typical settlements for 18 wheeler accident wheelers?"

The amount you get in settlement is contingent upon a number of factors. This includes the extent of your injuries and the extent of your damages.

What You Can Expect From the Settlement

There are many variables that can impact the value of a truck accident settlement. One of them is the severity and duration of your injuries, as well as the loss of wages. Additionally, your attorney may factor in future medical expenses when you need ongoing medical treatment because of your accident. This is typically determined by the testimony of doctors or other medical experts. Additionally, your lawyer will also consider the cost to repair or replace any property damaged by the crash.

In general, settlements for 18-wheeler accidents are significantly higher than those for auto accidents of a normal nature. This is due to the fact that truck accidents are more likely to result in more severe injuries than typical car crashes. It is also not uncommon for victims to suffer hundreds of thousands or even millions of dollars in damages total.

You will also be entitled compensation for non-economic damages in addition to your economic losses. These are not as quantifiable however they are equally important to your recovery. Non-economic losses can include suffering and pain or disfigurement, as well as loss of enjoyment of your life. Your lawyer will estimate all your losses to make sure you receive the amount you are entitled to. This may take some time, especially when multiple parties are responsible for the incident. A New York truck accident lawyer can help you settle the claim quickly and in a fair manner.

What is the Value of Your Case?

The value of your 18-wheeler crash case is affected by several factors. Fault and damages are the two most significant. It is crucial to be able to identify fault, as 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% responsible for your accident. 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 extent of your injuries or losses will also impact the amount you can expect to receive. The injuries you suffer in the event of a collision with an 18-wheeler can be more severe than those suffered in a car crash. 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 a passenger vehicle is able to withstand.

Thus the most serious injuries in an accident with a large truck could result in significant 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 affected your life quality. This includes pain and discomfort as well as loss of enjoyment from life, and loss of companionship. It can be difficult to quantify these damages However, our lawyers have years of experience creating and presenting the most convincing evidence possible of the financial impact of your accident.

How long does it take to receive an amount of money?

When you submit a personal injury claim after an accident with an 18-wheeler, it can take longer to settle than car accidents due to the seriousness of injuries that usually accompany such crashes. Your lawyer will work with medical experts to determine the complete extent of your injuries, which includes both future and current medical expenses and loss of wages. Damages that are not economic, which can be more difficult to calculate, will also be included in your settlement.

After a settlement has been made the lawyer will prepare release forms for you to sign. Once you sign them, the insurance company takes care of your case and issue a check for agreed amount. The process can take anywhere from between a few weeks and one month or more due to several reasons, including clerical error and delays in the mail system.

One of the most important factors in determining the time it takes to receive your settlement is the proportion of fault that is assigned to each of the parties involved in the crash. In cases where there more than one party at fault, it may be necessary to negotiate who's responsible for the injuries. Your experienced attorney will be able to guide you through these negotiations and assist you to achieve an acceptable settlement. If the insurance company is unwilling to negotiate with you, your attorney will be able to file a lawsuit to receive a larger monetary settlement.

How a Lawyer can Help

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

A trucking company has a team made up of attorneys who work round all hours to reduce claims. Victims require an experienced lawyer by their side. A lawyer can help gather evidence, deal with insurance companies, and even argue their case in court to ensure they get the maximum settlement amount possible.

A seasoned attorney will know when they must bring other parties liable for compensation, in addition to the trucking company. It could be the manufacturer of the vehicle and the driver if the crash occurred caused by defective or defective components. This could also include a distributor, retailer or manufacturer if the vehicle was stolen or sold without proper inspections or maintenance.

A reputable attorney will ensure that all damages are properly claimed for past and future medical expenses, lost income physical damage, emotional trauma, and pain and suffering. It is essential to submit a claim as soon as possible after the accident so that evidence is current and readily available. Also, waiting gives the trucking company and their lawyers time to prepare for trial and convince jurors that the victim was at fault.