The Value of an 18 Wheeler Settlement

If a truck driver with 18 wheeler accident law firm wheels rear-ends your vehicle, you may be able to bring a claim against the truck driver and their employer. The nature and severity of your injuries will determine the value of your settlement.

You can also recover damages for lost income in the future. However, you should wait until your doctor confirms that your injuries will cause lasting consequences.

Compensation for Injury

The value of an 18 wheeler collision settlement is determined by how badly a victim was injured. Truck accidents usually cause more serious injuries than car crashes and the repercussions that result are usually due to this. However, the amount of compensation paid to victims is also contingent on a variety of other factors.

Medical expenses are a crucial factor in determining the value of a trucking injury settlement. This amount will include the cost of any previous and future treatments and any transportation expenses to and from your doctor's appointment. The effects of the accident on the quality of your life and lost income are also elements to be taken into consideration. If your injuries will prevent you from working in the near future this could be included in a request for compensation.

In a settlement agreement for an 18-wheeler or truck accident, victims could receive hundreds of thousands of dollars or even millions. These sums are significantly higher than the amount that would be recouped in a typical crash and a lot of these settlements break records.

Our attorneys will investigate any other parties that might be responsible for your losses. This includes the truck driver and their company as well as any other third-party businesses that could contribute to the occurrence. Loading companies, for example could be held accountable when they fail to properly stack or overload cargo on the trailer. Additionally, if an accident was caused by defective vehicle or truck parts, it is possible to make claims against the manufacturer or distributor firms of these products.

Damages for Pain and Suffering

Apart from the economic loss victims may also seek compensation for suffering and pain. This refers to the emotional and psychological distress caused by an injury. It's hard for you to quantify, and is a crucial part of your claim. Our lawyers will determine your non-economic losses to ensure you receive a fair settlement for your injuries.

Certain victims suffer from chronic and debilitating injury. The medical expenses and the future losses of these victims are likely be significant. Experts such as economists, or medical professionals help calculate these damages. Insurance companies could try to reduce your losses by claiming that the accident didn't cause your condition, but it existed prior to. Our team will fight against these claims to get you the compensation you deserve.

In most cases there are multiple parties that can be held responsible for an accident involving an 18-wheeler. The company that employs the driver can also be held responsible. In the event that the truck was loaded improperly and this caused the accident, then the loading company may be responsible.

The process of negotiating a settlement in the aftermath of a crash with a truck could seem to take forever. It is important to know that you shouldn't settle a personal-injury claim until you've reached your maximum medical improvement (MMI). If you settle too soon you could take a deal which is not enough compensation for your injuries.

Damages for Economic Loss

While it is possible to recover damages for past, current and future medical expenses but the most significant damage in cases involving truck accidents are based on your economic losses. This includes the loss of wages, property damage as well as the cost to repair or replace your vehicle and other items you've were unable to replace in the crash.

Trucks are heavier and bulkier than passenger vehicles. They aren't able to easily move around to avoid collisions. They take much longer to stop, making rear-end crashes particularly risky. The resultant impact could be catastrophic and life-changing.

Insurance companies and trucking firms will do anything to minimize their liability for the injuries suffered by the victim. This includes engaging in negotiations in a bid to extend the time limit for filing an action.

An experienced attorney will assist you in fighting these tactics to ensure that you receive the most compensation for your injuries.

The law on comparative negligence can impact the final settlement or verdict when more than one party is at fault in the collision. But, your attorney will have the knowledge and experience to identify all parties liable and seek to pursue claims against them on your behalf. This will increase your odds of getting the full amount you're entitled to. Contact Kaine Law today to schedule a free consultation. Our attorneys will review your case, discuss your legal options, and discuss the potential worth of your truck accident claim.

Damages for losses that are not economic

Although many cases of accident are able to be settled out of court without a trial, this isn't always possible with trucking companies or their insurance companies. The complexity of these cases and the nature of the injuries usually mean that a lawsuit needs to be filed for victims to receive a fair amount of compensation.

Our firm has the resources required to represent you and secure the most favorable settlement for your case. We will employ experts to recreate the events of your accident and other methods to prove your damages. This could include medical or vocational experts, as well as economic loss specialists who can determine what your losses in the past and the future could be worth.

We may also hold others responsible if they played a contributing factor to the accident. This is particularly applicable if they did not meet their legal obligations like not maintaining the truck or employ qualified drivers.

We may also file a claim against the trucking company that employed the driver or if the firm was owned by a third party. Trucking companies can be held accountable for a myriad of reasons including putting their employees to work excessive hours or reducing expenses by not performing the proper maintenance on the vehicle. We may also assert a claim against the truck manufacturer if a deficient part is proven to have caused a collision.