What Are the Average 18 Wheeler Settlements?
The average settlement for 18-wheelers is among of the most frequently asked questions by those involved in truck accidents.
The amount you get in settlement is contingent on a variety of factors. This includes the severity of your injuries and the extent of your injuries.
What You Can Expect from the Settlement
Many factors can impact the value of a settlement for an accident involving a truck. One of them is the severity of your injuries, the length of time it took to heal, as well as your loss of earnings. In addition, your attorney could include future medical expenses in the event that you require ongoing medical treatment because of your accident. This is typically determined by the testimony of doctors or other medical professionals. Additionally, your attorney will also take into consideration the cost of repairing or replace any property that was damaged during the crash.
Generally speaking,
18 wheeler accident wheeler settlements are much larger than standard auto settlements for accidents. Truck accidents are more likely to cause serious injuries than car accidents. It is not uncommon for the victims of truck accidents to be awarded damages of hundreds of thousands, or even millions, of dollars.
You'll also be entitled to compensation for damages that are not economic in addition to your economic losses. These are more difficult to quantify but are equally important to your overall recovery. For example your non-economic losses may include your pain and suffering, loss of enjoyment of life, or disfigurement. Your lawyer will strive to calculate all your losses and make sure you are compensated appropriately. This can take a long time especially if multiple parties are responsible for the accident. A New York truck accident lawyer can assist you in settling the claim quickly and fairly.
The Value of Your Case
The value of your
18 wheeler accident lawsuits-wheeler crash case is determined by a variety of factors. Two of the most important are the fault and damages. It is crucial because it determines how much you can receive in compensation.
In Texas the law states that you can only claim damages if the liable party was at least 50 percent accountable for the accident. Your attorney may use evidence, however, to prove that you were not equally responsible as the other party. This could significantly increase the amount of your settlement.
The other main aspect that determines your potential payout is the extent of your injuries and losses. Injuries sustained in an accident with an
18 Wheeler accident Lawsuit-wheeler can be far more severe than those sustained in a car accident. Trucks can weigh up 85,000 pounds, and the force they generate is much greater than that of a passenger car can handle.
Thus, the most serious injuries in an accident involving a large truck can result in substantial or even multi-million-dollar settlements. In addition to the medical expenses of treating your injuries, you can also recover damages to compensate for the negative impact the collision has caused to your life quality. This includes suffering as well as loss of enjoyment life as well as loss of companionship, among other things. These non-economic damages are typically difficult to quantify, however our attorneys can help you create and present the best evidence possible of the financial impact.
How long does it take to receive a settlement?
It can take a longer time for a personal injury claim to be settled after an accident that involved an 18-wheeler due to the severity and the frequency of injuries. Your lawyer will work with medical experts to determine the complete extent of your injuries, which includes the future and present medical expenses and lost wages. The settlement will also cover non-economic damages that can be difficult to quantify.
If a settlement has been reached your lawyer will draft release forms for you to sign. Once you've signed them, the insurance company will review your case and issue an amount agreed upon. This process can take weeks or even a month, depending on the circumstances.
The percentage of fault each party has in the accident will determine how long it will take to receive your settlement. In cases where more than one party was at fault it is possible for the parties to negotiate the responsibility for your injuries. An experienced attorney will be able to assist you in these negotiations and help reach a fair settlement. If the insurance company refuses to bargain with you, your attorney will make a claim to secure an increase in settlement.
How a lawyer can help
There are more than 100,000 injury resultant accidents caused by 18 wheelers each year and many of them lead to settlements and lawsuits that can be in the millions of dollars. This is why it is a lucrative business for lawyers who specialize in settling these cases.
Trucking companies have teams of attorneys working every day and night to reduce the risk of claims, therefore victims must have an experienced lawyer by their side. A lawyer can help them gather evidence and deal with insurance companies, and even argue their case in court to ensure that they get the maximum settlement amount possible.
An experienced attorney will also know if they need to sue other liable parties for compensation,
18 Wheeler accident lawsuit in addition to the trucking company. It could be the vehicle manufacturer and the driver if the crash occurred due to defective or damaged components. This could also include a distributor, retailer or manufacturer if the truck was stolen or sold with no proper inspections or maintenance.
An experienced attorney will ensure that all damages are claimed accurately that includes future and past medical expenses, lost income physical damage, emotional trauma, and pain and suffering. It is essential to file your claim as soon after the accident as you can to ensure that all evidence remains fresh. Additionally, waiting allows the trucking company and their legal team time to prepare for trial and convince a jury that the victim was responsible.