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 receive as settlement is contingent upon a number of factors. This includes the severity of your injuries as well as the extent of your injuries.
What to Expect from a Settlement
There are a myriad of factors that can impact the value of a truck crash settlement. A few of these are the severity and length of your injuries, as well as the loss of wages. Additionally, your attorney may take into account future medical costs when you need ongoing medical attention due to your accident. This is typically based on the testimony of medical doctors or other professionals. Additionally, your attorney will also take into consideration the cost of repairing or replace any property damaged during the crash.
Generally speaking 18 wheeler settlements are generally considerably higher than standard auto accident settlements. Truck accidents are more likely to cause serious injuries than car accidents. It is not uncommon for the victims of truck accidents to incur damages in the hundreds of thousands or even millions, of dollars.
In addition to your economic losses, you'll also be entitled to compensation for non-economic losses. These aren't as quantifiable however they are equally important to your recovery. Non-economic losses can include pain and suffering and disfigurement or loss of enjoyment of your life. Your lawyer will estimate all your losses to ensure that you get the compensation you deserve. This may take time particularly when multiple parties are responsible for the accident. However, a knowledgeable New York truck accident attorney can help you settle your claim quickly and in a fair manner.
What is the worth of Your Case?
The value of your
18 wheeler accident attorney-wheeler accident case is influenced by a variety of factors. Two primary ones are fault and damages. It is crucial because it determines how much you are eligible to receive in compensation.
In Texas In Texas, you're only entitled to compensation if the other driver was at least 50% accountable for the collision. However, your attorney can utilize evidence to prove the other party was much more responsible than you were. This could increase the amount you receive from your settlement substantially.
The severity of your losses or injuries will also affect the amount you can expect to receive. Injuries sustained during an 18-wheeler crash could be more severe than those sustained in a car crash. This is because trucks weigh more than 80,000 pounds, and when multiplied by the speed of travel generates much more force than a passenger vehicle can withstand.
Therefore, the most serious injuries sustained in an accident involving a large truck can result in substantial or even multi-million dollar settlements. In addition to the medical costs of treating your injuries, it is possible to also claim damages to compensate for the negative impact the collision has affected your life quality. This includes suffering as well as loss of enjoyment life, and loss of companionship, among other things. It can be difficult to quantify the non-economic losses, but our attorneys have years of experience in preparing and presenting the best evidence of the actual financial impact of your crash.
How do I wait to receive a settlement?
When you make a claim for personal injury after an accident with an 18-wheeler, it can take longer to settle than car accidents due to the severity of injuries that typically occur in these accidents. Your attorney will work with medical experts to determine the full extent of your injuries, including both future and current medical expenses as well as loss of wages. Your settlement will also include non-economic damages that can be difficult to calculate.
Once a settlement is reached the lawyer will prepare release forms for you to sign. After you have signed them the insurance company will take care of your case and issue a check for the amount agreed upon. This process can take weeks or even a whole month dependent on the circumstances.
The percentage of fault that each party is responsible for in the accident will determine how long it will take to get your settlement. In the event that more than one person was at fault and the parties could have to negotiate about who is responsible for your injuries. Your experienced
attorney will be able to guide you through the process and help you negotiate an acceptable settlement. If the insurance company is unwilling to negotiate with you, your attorney will be able to file a lawsuit to obtain a higher monetary settlement.
What Lawyers Can Do to Help
Over 100,000 accidents that involve 18-wheelers cause injuries every year. Many of these accidents lead to settlements or lawsuits that amount to millions of dollars. Lawyers who specialize in these cases earn lots of money.
Trucking companies have teams of attorneys working 24/7 to reduce claims, so victims must have an experienced lawyer by their side. A lawyer can assist victims to gather evidence to support their case, negotiate with insurance companies and even appear in court for the highest settlement.
An experienced attorney will also be aware of the need to bring other parties liable for compensation, in addition to the trucking company. It could be the vehicle manufacturer, if the crash was due to defective or defective components. It could also be distributors or retailers if the truck was sold or stolen without proper inspections and maintenance.
A good attorney will ensure that the damages are correctly claimed including future and past medical expenses loss of income and property damage, as well as pain and suffering, emotional trauma, and other expenses. It is important to file a claim as soon as you can following the accident so that evidence is current and available. It gives the trucking company and their team of attorneys more time to prepare for the trial and convince a juror that the victim was at fault.