What Are the Average 18 Wheeler Settlements?

One of the most frequent questions that those who have been involved in truck accidents have is "What is the typical 18-wheeler settlements?"

The amount you get as a settlement depends on various factors. The severity of your injuries, and the extent of damages you've sustained are all factors to consider.

What You Can Expect From a Settlement

There are a variety of factors that affect the value of a truck crash settlement. One of them is the severity and length of your injuries, as well as your lost wages. Your lawyer might include future medical costs if you have to continue your treatment because of your accident. This is typically based on the evidence of doctors or other medical professionals. In addition, your attorney will also take into consideration the cost to repair or replace any property damaged during the crash.

Generally speaking the settlements for cape girardeau 18 wheeler accident lawyer wheelers are significantly higher than standard auto accident settlements. This is because truck accidents tend to cause more serious injuries than typical car crashes. It is not uncommon for victims of truck accidents to be awarded damages of hundreds of thousands or even millions, of dollars.

You also have the right 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. For example your non-economic losses may include your pain and suffering, loss of enjoyment of life, or disfigurement. Your lawyer will calculate all your losses to ensure that you get the compensation you deserve. This could take a while, especially if multiple parties are involved in the accident. A New York truck accident lawyer can help you settle your claim quickly and fairly.

The Benefits of Your Case

The value of your 18-wheeler crash case is affected by several factors. Damages and fault are the two most important. Fault is important because it determines how much you can receive in compensation.

In Texas, you can only claim damages if the liable party was at least 50 percent responsible for your collision. However, your attorney can use evidence to prove that the other party was more responsible than you were. This could significantly increase the amount of your settlement.

The other main factor that influences your potential amount of compensation is the severity of your injuries and losses. The injuries you suffer in an accident involving an 18-wheeler are often far more severe than those suffered in a typical car accident. Trucks can weigh as much as 80,000 pounds and the force that they generate is far greater than what the average car driver can handle.

Thus the most serious injuries resulting from an accident with a large truck can lead to significant or even multi-million dollar settlements. You can recover damages not just for medical expenses associated with your injuries, but also for the impact of the collision on your quality-of-life. This includes suffering and pain as well as the loss of enjoyment from life as well as loss of companionship among other things. These non-economic damages are typically difficult to quantify, but our lawyers can assist you to prepare and present the best evidence of the financial impact.

How do I wait to receive an amount of money?

When you submit a personal injury claim after an accident with an 18-wheeler vehicle, it can take longer to settle than car accidents because of the nature of the injuries that commonly occur in these accidents. Your lawyer will work with medical professionals to determine the full extent of your injuries, which include current and future medical costs and lost wages. Your settlement will also contain non-economic damages that are difficult to calculate.

Once a settlement is reached the lawyer will prepare release forms for you to sign. Once you sign them, the insurance company reviews your case and issues an amount agreed upon. The process could take from between a few weeks and one month or more due to various reasons, such as clerical mistakes and delays in the mail system.

The amount of blame each party is accountable for in the incident will determine the time it will take to get your settlement. In cases where more than one party is at fault and the parties could have to discuss the responsibility for your injuries. Your lawyer will guide you through the negotiation process and help you negotiate a fair settlement. If the insurance company refuses to negotiate with you, your lawyer will be prepared to file a lawsuit to receive a larger monetary settlement.

How a lawyer can help

There are more than 100,000 injuries resultant accidents caused by 18 wheelers each year and many of them lead to lawsuits and settlements that can amount to millions of dollars. Lawyers who specialize in these cases make a lot of money.

A trucking company has a team made up of lawyers who work round all hours to limit claims. Victims need an experienced lawyer by their side. A lawyer can assist them collect evidence, negotiate with insurance companies and even argue their case in court to ensure they get the most settlement possible.

A lawyer with experience can determine if other individuals are liable for compensation, in addition to the trucking firm. It could be the manufacturer of the vehicle and the driver if the crash occurred due to defective or defective components. This could also include a retailer, distributor or manufacturer if the vehicle was stolen or sold without proper inspections or maintenance.

An experienced attorney will make sure all damages are properly claimed including future and past medical expenses loss of income and property damage, as well as emotional trauma, and other damages. It is crucial to file your claim as soon after the incident as you can so that all evidence is still fresh. Also, waiting gives the trucking company and their legal team time to prepare for trial and convince jurors that the victim is at fault.