What Are the Average 18 Wheeler Settlements?

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

The amount you get as a settlement is contingent upon many factors. The severity of your injuries and the amount of damages you've sustained are all aspects to be considered.

What You Can Expect from A Settlement

There are many factors that can impact the value of a truck accident settlement. Some of these factors include the severity and duration of your injuries as well as the loss of wages. Furthermore, your attorney might take into account future medical costs if you will require ongoing treatment due to your accident. This is often based on medical experts' testimony or other health experts. Additionally, your lawyer will also take into consideration the cost to repair or replace any property damaged in the crash.

Generally speaking the settlements of 18 Wheeler Accident attorney wheelers are significantly higher than standard auto accident settlements. Truck accidents are more likely 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 will also be legally entitled to compensation for non-economic damages. These are not quantifiable losses however, they are equally important to your recovery. For instance your non-economic losses may include your pain and suffering or loss of enjoyment in life, or disfigurement. Your lawyer will calculate all your losses to ensure you get the compensation you deserve. This can take time especially if multiple parties are accountable for the accident. A New York truck accident lawyer can assist you in settling the claim quickly and in a fair manner.

What is the Value of Your Case?

There are many factors that affect the value of your 18 wheeler accident lawyers wheeler accident case. Fault and damages are the two most important. Fault is important because it determines the amount you can receive in compensation.

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

Another major 18 wheeler accident attorney aspect that determines your potential amount of compensation is the severity of your losses and injuries. Injuries sustained in an 18-wheeler crash could be more severe than the injuries sustained in a car accident. This is because trucks weigh more than 80,000 pounds, which multiplied by the speed of travel generates much more force than a passenger vehicle can withstand.

The most serious injuries that occur in an accident involving a huge truck could lead to settlements that amount to millions of dollars or more. You can recover damages not only for the medical expenses associated with your injuries, but also for the impact of the collision on your quality-of-life. This includes pain and discomfort, loss of enjoyment in life, and loss companionship. It can be difficult to quantify these damages that are not economic however our attorneys have years of experience in making and presenting the strongest evidence of the actual financial impact of your accident.

How is the time required to receive a settlement?

If you make a claim for personal injury after an accident with an 18 wheeler accident law firm-wheeler, it may take longer to settle than car accidents due to the nature of the injuries that commonly accompany these crashes. Your attorney will work closely with medical experts to determine your total damages, including both current and future medical costs and lost wages. Non-economic damages, which can be more difficult to calculate are also included in your settlement.

After a settlement has been made your lawyer will then prepare release forms for you to sign. Once you have completed them the insurance company will review your case and issue an amount agreed upon. The process could take from a few weeks to one month or more due to many reasons, 18 wheeler accident attorney including clerical error and delays in the mail system.

The percentage of fault that each party carries in the accident will determine how long it will take to receive your settlement. In cases where there more than one party responsible, it could be necessary to negotiate who's responsible for the injuries. Your experienced attorney can assist you in the process and help you negotiate an acceptable settlement. If the insurance company refuses to negotiate with you, then your lawyer is ready to bring a lawsuit to obtain a higher settlement.

How can a lawyer assist

There are more than 100,000 injuries resultant accidents caused by 18 wheelers every year, and the majority of them result in lawsuits and settlements that can exceed millions of dollars. Lawyers who specialize in these cases make huge sums of dollars.

A trucking company has a team comprised of attorneys who work around the clock to minimize claims. Victims require a skilled lawyer to represent them. A lawyer can assist victims find evidence, negotiate their case with insurance companies and even argue in court to secure the most money for their claim.

An experienced attorney will also be aware of the need to seek out other responsible parties for compensation in addition to the trucking company. It could be the car manufacturer or the manufacturer if the accident was caused by defective or defective components. This could also include a retailer, distributor or manufacturer if the vehicle was stolen or sold with no proper inspections or maintenance.

A reputable attorney will ensure that all damages are properly claimed, including past and future medical costs, lost incomes physical damage, emotional trauma and pain and suffering. It is important to file your claim as soon after the accident as you can to ensure that all evidence remains fresh. It gives the trucking company and their attorneys more time to prepare for trial and convince jury that the victim was responsible.