What Are the Average 18 Wheeler Settlements?

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

The amount you get in settlement depends on a number of factors. This includes the severity of your injuries as well as the severity of your injuries.

What to Expect from a Settlement

There are many factors that can impact the value of a truck crash settlement. These include the severity of your injuries, the length of time it took to heal, and your loss of earnings. Your lawyer might also consider future medical expenses in the event that you are required to continue treatment due to your accident. This is usually dependent on the testimony of medical doctors or other professionals. Your lawyer will also take into account the cost of repairing or replacing any property damaged in the accident.

Generally speaking the settlements for 18 wheelers are significantly higher than standard auto settlements for accidents. This is because truck accidents are more likely to result in more severe injuries than standard car crashes. It is not uncommon for the victims of truck accidents to incur damages in the hundreds of thousands or even millions, of dollars.

You may also be entitled to compensation for non-economic damages in addition to your economic losses. These are less measurable losses but are equally important to your overall recovery. Non-economic losses could include suffering and pain and disfigurement or loss of enjoyment in your life. Your lawyer will estimate all your losses to ensure that you receive the amount you are entitled to. This may take time, especially when multiple parties are accountable for the incident. However, a skilled New York truck accident attorney can help you settle your claim quickly and in a fair manner.

The Case Worth Its Weight

A variety of factors can affect the worth of your 18-wheeler accident case. Damages and fault are the two most important. Fault is important because it determines how much you are eligible to receive in compensation.

In Texas the law states that you can only recover damages if the other party was at least 50 percent accountable for the dalles 18 wheeler accident attorney accident. However, your attorney can make use of evidence to prove that the other party was much more at fault than you were. This could increase your settlement amount substantially.

The other major aspect that determines your potential payout is the extent of your losses and injuries. The injuries you sustain in the event of a collision with an highland park 18 wheeler accident lawsuit-wheeler are often far more severe than those sustained in a typical car accident. Trucks can weigh upwards of 80,000 pounds and the force they generate is far more than what a car that is a passenger can withstand.

The most serious injuries incurred in an accident involving a huge truck could lead to settlements of a million dollars or more. You could be awarded damages not only for the medical costs associated with your injuries, but also the impact of the crash on your quality-of-life. This can include pain and discomfort as well as loss of enjoyment from life, highland Park 18 wheeler accident lawsuit and loss of companionship. It can be difficult to quantify the non-economic losses however our attorneys have years of experience providing the best possible evidence of the financial impact of your crash.

The Time It Takes to Receive a Settlement

When you have a personal injury claim following an accident with an 18-wheeler vehicle, it can take longer to settle than car accidents due to the severity of injuries that typically accompany such crashes. Your attorney will work with medical experts to determine the full extent of your injuries, including both current and future medical expenses and lost wages. The settlement will also cover economic damages that are difficult to calculate.

If a settlement has been reached your lawyer will draft release forms for you to sign. Once you've completed them the insurance company will process your case and issue the amount that you have agreed to. The process could take from a few weeks to one month or more due to a variety of reasons, including clerical errors and delays in the mail system.

A major factor in determining the time it takes to receive your settlement is the percentage of fault that is assigned to each person involved in the crash. If there more than one party at fault, it may be necessary to negotiate who is accountable for the injuries. Your attorney will guide you through the negotiation process and assist to reach a fair settlement. If the insurance company refuses to negotiate with you, your lawyer will be prepared to file a lawsuit in order to receive a larger monetary settlement.

How a lawyer can help

There are more than 100,000 injuries resultant accidents caused by 18 wheelers every year, and the majority of them result in settlements and lawsuits that could reach into the millions of dollars. Lawyers who specialize in these cases earn lots of money.

A trucking company has a team comprised of lawyers who work around the clock to minimize claims. Victims require a skilled lawyer by their side. A lawyer can assist them gather evidence, negotiate with insurance companies and even argue their case in court to ensure they receive the highest settlement possible.

An experienced lawyer will know if other parties are accountable for compensation, in addition to the trucking firm. This could include a vehicle manufacturer when the accident was caused by defective or ineffective components. This could also include a distributor, retailer or manufacturer if the vehicle has been stolen or sold with no proper inspections or maintenance.

An experienced attorney will make sure all damages are properly claimed including future and past medical expenses, lost income damages to property, emotional trauma and other damages. It is crucial to make your claim as quickly after the incident 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 is at fault.