What Are the Average 18 Wheeler Settlements?

The average settlement for 18 wheeler accident attorney-wheelers is among of the most frequently asked queries by those involved in truck accidents.

The amount you receive as settlement is contingent on a variety of factors. The extent of your injuries and the extent of damages you have suffered are all things to take into consideration.

What to Expect From the Settlement

A variety of factors can impact the value of a settlement for an accident involving a truck. One of them is the severity and length of your injuries, as well as your lost wages. In addition, your attorney could consider future medical expenses should you require ongoing treatment due to your accident. This is typically based on the evidence of doctors or other medical professionals. Additionally, your lawyer will also consider the cost of repairing or replace any property that was damaged during the crash.

In general, 18 wheeler settlements are much larger than standard auto settlements for accidents. Truck accidents are more likely to cause severe injuries than car accidents. It is not unusual for victims of truck accidents to incur damages of hundreds of thousands, or even millions of dollars.

In addition to your economic losses, you will also be entitled to compensation for your non-economic damages. These are losses that aren't quantifiable but are equally important to your overall recovery. For instance the non-economic costs could include your pain and suffering and loss of enjoyment life, or disfigurement. Your lawyer will calculate all your losses to ensure that you get the compensation you are due. This may take a long time especially if several parties share responsibility 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 Value of Your Case?

The value of your 18-wheeler crash case is affected by several factors. Two of them are the fault and damages. It is crucial because it determines how much you are entitled to in compensation.

In Texas, you are only entitled to compensation if the driver who caused the accident was at least 50% at fault for the accident. Your lawyer can use evidence, however, to show that you weren't equally responsible as the other party. This could increase your settlement amount substantially.

The extent of your injuries or losses will also affect the amount you can expect to receive. The injuries you experience in an accident involving an 18-wheeler can be more severe than those suffered in a normal car crash. Trucks can weigh up 80,000 pounds and the force they generate is greater than that which a car that is a passenger can withstand.

So, the most serious injuries sustained in an accident involving a large truck could lead to substantial or even multi-million-dollar settlements. In addition to the medical expenses of treating your injuries, you can also claim damages to compensate for the negative impact the collision has had on your quality of life. This includes suffering, loss of enjoyment of life and companionship loss as well as other aspects. It is often difficult to quantify these damages that are not economic however, our lawyers have years of experience in providing the best possible evidence of the true financial impact of your crash.

How is the time required to receive a settlement?

If you have a personal injury claim following an accident with an 18-wheeler, it can take longer to settle than car accidents because of the nature of the injuries that commonly accompany these crashes. Your lawyer will work with medical professionals to determine your full injuries, including your current and future medical costs and 18 wheeler accident attorney lost wages. The settlement will also cover non-economic damages that are difficult to quantify.

Your lawyer will create the forms for release that you need to sign when a settlement has been reached. Once you sign them, the insurance company will process your case and issues an agreement-based check. The process can take anywhere from a few weeks to one month or more due to various reasons, including clerical error and delays in the mail system.

One of the most important factors in determining how long it takes to get your settlement is the percentage of blame assigned to each person involved in the crash. If more than one person was at fault it is possible for the parties to negotiate who is accountable for your injuries. Your lawyer will guide you through the negotiation process and assist you reach an equitable settlement. If the insurance company refuses to negotiate with you, your lawyer will be prepared to file a lawsuit to obtain a higher monetary settlement.

What can a lawyer do to help

More than 100,000 accidents involving 18 wheeler Accident attorney-wheelers lead to injuries each year. Many of these accidents result in lawsuits or settlements worth millions of dollars. Lawyers who specialize in these cases make huge sums of money.

A trucking company has a team of attorneys who work around the clock to minimize claims. Victims require a skilled lawyer by their side. A lawyer can help victims to gather evidence to support their case, negotiate with insurance companies and even appear in court to obtain the highest amount of compensation.

A lawyer with experience will know if any other parties are responsible for compensation, in addition to the trucking firm. This could include a car manufacturer in the event of a crash caused by defective or faulty parts. It could also involve the retailer or distributor in the event that the truck was sold or stolen without proper inspections and maintenance.

An experienced attorney will ensure that the damages are accurately claimed for past and future medical expenses, lost income damages to property, emotional trauma, and suffering and pain. It is important to file your claim as soon after the incident as you can to ensure that all evidence remains fresh. In the meantime, the trucking firm and their legal team more time to prepare for trial and convince juror that the victim was at fault.