What Are the Average 18 Wheeler Settlements?

One of the most frequently asked questions that those who have been involved in truck accidents have is "What are the average settlements for 18-wheelers?"

The amount you receive as settlement is contingent upon a number of factors. The degree of your injuries and the amount of damages you've suffered are all factors to consider.

What You Can Expect From the Settlement

There are a variety of factors that affect the value of a truck accident settlement. Some of these include the severity and duration of your injuries, as well as your lost wages. In addition, your lawyer may consider future medical expenses if you will require regular treatment following your accident. This is usually determined by the testimony of doctors or other medical experts. In addition, your lawyer will also consider the cost to repair or diywiki.org replace any property that was damaged in the crash.

In general the settlements for 18-wheeler collisions are higher than settlements for normal auto accidents. Truck accidents are more likely cause serious injuries than car accidents. It is also not uncommon for victims to suffer hundreds of thousands or even millions of dollars in damages total.

You may also be entitled to compensation for non-economic losses in addition to your economic losses. These are not as quantifiable however they are equally important to your recovery. For instance your non-economic losses may include your suffering and pain as well as loss of enjoyment of life, or even disfigurement. Your lawyer will strive to determine all of your losses and make sure you get the right amount of compensation. This may take a long time especially if multiple parties share responsibility for the accident. A New York truck accident lawyer can assist you in settling the claim quickly and in a fair manner.

What is the value of Your Case?

The value of your 18-wheeler accident case is determined by many factors. Fault and damages are the two most significant. The importance of fault is that it determines the amount of compensation you are entitled to.

In Texas the law states that you can only get compensation if the other party was at least 50 percent responsible for the accident. However, your lawyer can use evidence to prove that the other party was more at fault than you were. This could significantly increase the amount of your settlement.

The other main factor that influences your potential payout is the extent of your losses and injuries. Injuries sustained in an 18-wheeler crash can be much more severe than injuries 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 generates much more force than what a passenger vehicle can handle.

The most serious injuries sustained in an accident involving a huge truck could result in settlements that amount to millions of dollars or more. In addition to the medical expenses of treating your injuries, it is possible to also claim damages for the effects the crash has affected your quality of life. This includes suffering and pain as well as the loss of enjoyment from life and companionship loss and companionship, among other things. It can be difficult to quantify these non-economic damages however, our lawyers have years of experience creating and presenting the most convincing evidence of the actual financial impact of your crash.

The time it takes to Receive the Settlement

It can take a longer time for a personal injury case to be settled following an accident caused by an 18-wheeler, due to the degree and frequent nature of injuries. Your lawyer will work with medical experts to determine the complete extent of your injuries, including both future and current medical expenses as well as loss of wages. Non-economic damages, which may be harder to calculate, will also be included in your settlement.

After a settlement has been made, your lawyer will prepare release forms for you to sign. When you sign them the insurance company takes care of the case and sends you the check in the amount you agreed to. This process can take a few weeks or even a whole month, depending on the circumstances.

The amount of blame each party is accountable for in the accident will determine the time it will take to receive your settlement. If there more than one party responsible, it could be necessary to determine who is accountable for the injuries. Your lawyer can assist you in the process and help you find an equitable settlement. If the insurance company refuses to negotiate with you, your lawyer will be prepared to file a lawsuit in order to get a better settlement.

How a Lawyer Can Help

There are over 100,000 injury caused accidents involving 18 wheeler accident attorney wheelers each year and many of them result in lawsuits and settlements that can be in the millions of dollars. This is a huge business for lawyers who specialize in settling these cases.

Trucking companies have whole teams of lawyers working night and day to minimize claims, which means that victims need to have an experienced lawyer by their side. A lawyer can help collect evidence and discuss with insurance companies and even argue their case in court to ensure that they receive the highest settlement amount possible.

An experienced lawyer will know if they need to pursue other responsible parties for compensation, in addition to the trucking company. This could include a car manufacturer in the event that the crash was caused by defective or damaged parts. This could also include a distributor, retailer or manufacturer if the truck has been stolen or sold with no proper maintenance or inspections.

A good lawyer will make sure all damages are appropriately claimed including past and future medical expenses as well as lost income, property damage, emotional trauma and other damages. It is important to make your claim as quickly after the incident as you can to ensure that all evidence is still fresh. Additionally, waiting allows the trucking company and their team of lawyers time to prepare for trial and convince jurors that the victim is responsible.