What Are the Average 18 Wheeler Settlements?
The average settlement for 18-wheelers is one of the most frequently-asked concerns by those involved in truck accidents.
The amount you get as a settlement is contingent on several factors. The extent of your injuries and the amount of damage you’ve suffered are all things to take into consideration.
What to Expect from the Settlement
There are many factors that can affect the value of a settlement for the aftermath of a truck crash. Some of these include the severity of your injuries, the amount of time it took to recover, and lost wages. Your attorney may include future medical expenses if you need to continue treatment following your accident. This is typically based on the testimony of doctors or other medical professionals. In addition, your lawyer will also consider the cost of repairing or replace any property that was damaged in the crash.
In general, settlements for 18-wheeler accidents are significantly higher than those for regular auto accidents. 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 the economic losses, you will also be entitled to compensation for non-economic damages. These are more difficult to quantify but are equally important to your overall recovery. Non-economic losses could include suffering and pain and disfigurement or the loss of enjoyment from your life. Your lawyer will assess all your losses to make sure you receive the amount you are entitled to. This can take some time, especially if multiple parties share responsibility for the crash. However, a skilled New York truck accident attorney can help you settle your claim quickly and fairly.
The Benefits of Your Case
There are many factors that affect the value of your 18 wheeler accident case. Two primary ones are fault and damages. Fault is important because it determines the amount you are entitled to in compensation.
In Texas the state of Texas, you’re entitled to compensation if the driver who caused the accident was at least 50% at fault for the collision. However, your attorney may provide evidence to show that the other party was more responsible than you were. This could increase your settlement amount substantially.
The severity of your injuries or losses can affect the amount you could receive. The injuries you sustain in the event of a collision with an 18 wheeler accident attorney-wheeler can be greater than those you sustain in a normal car crash. Trucks can weigh up to 80,000 pounds and the force they produce is greater than that which the average car driver can handle.
The most serious injuries incurred in an accident that involves a large truck could result in settlements that amount to millions of dollars or more. The damages you can claim are not only for the medical expenses resulting from your injuries, but also for the impact of the crash on your quality-of-life. This can include pain and discomfort and loss of enjoyment in life, and loss companionship. These non-economic damages are typically difficult to quantify, but our lawyers can assist you to prepare and present the best evidence possible of the true financial impact.
The time it takes to Receive the Settlement
It may take longer for a personal injury claim be settled after an accident with an 18-wheeler as a result of the degree and frequency of injuries. Your attorney will work closely with medical experts to determine your full injuries, which include current and future medical expenses as well as lost wages. Non-economic damages, which could be more difficult to calculate are also included in your settlement.
Your lawyer will draft the release forms you’ll need to sign once a settlement has been made. After you sign them, the insurance company processes your case and issue an amount agreed upon. This process may take several weeks or even a whole month depending on the circumstances.
The most significant factor in determining how long it takes to get your settlement is the proportion of fault that is assigned to each of the parties involved in the crash. If there was more than one person 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 you reach an equitable settlement. If the insurance company is unwilling to negotiate with you, your attorney will be prepared to file a lawsuit to get a better settlement.
What can a lawyer do to help
There are more than 100,000 injuries causing accidents with 18 wheelers every year, and many of them result in lawsuits and settlements that can exceed millions of dollars. This is a big business for lawyers who specialize in litigating these cases.
A trucking company has a team comprised of attorneys who work around the clock to minimize claims. Victims require a skilled lawyer on their side. A lawyer can help them gather evidence, discuss with insurance companies and even argue their case in court to ensure they receive the highest settlement possible.
An experienced lawyer will know when they must sue other liable parties for compensation, in addition to the trucking company. This could include a car manufacturer when the accident was caused by defective or damaged parts. It could also be distributors or retailers if the truck was sold or stolen without proper inspections and maintenance.
An experienced attorney will ensure that all damages are properly claimed that includes future and past medical costs, lost incomes damages to property, emotional trauma, and suffering and pain. It is crucial to file your claim as soon after the accident as possible so that all evidence is still fresh. Also, waiting gives the trucking company and their team of lawyers time to prepare for trial and convince a jury that the victim was at fault.
