What Are the Average 18 Wheeler Settlements?

The average settlement for 18 wheeler accident lawsuit-wheelers is one of the most frequently-asked questions by those involved in truck accidents.

The amount that you receive as a settlement depends on several factors. This includes the degree of your injuries and the amount of your damages.

What to Expect from a Settlement

A variety of factors can impact the value of a settlement for an accident with a truck. A few of them are the severity of your injuries, the length of time it took to heal, as well as your loss of earnings. Your lawyer might also factor in future medical costs if you require ongoing treatment due to your accident. This is usually based on the testimony of doctors or other health care professionals. Additionally, your lawyer will also take into consideration the cost of repairing or replace any property damaged during the crash.

In general the settlements of 18 wheeler accident law firm wheelers are more substantial than typical auto accident settlements. This is because truck accidents tend to result in more severe injuries than typical car crashes. It is not uncommon 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 non-economic damages. These are not as quantifiable, but they are just as important to your recovery. For instance the non-economic costs could include your pain and suffering as well as loss of enjoyment of life, or disfigurement. Your lawyer will estimate all your losses in order to ensure that you get the compensation you deserve. This may take a long time, especially if multiple parties are responsible for the accident. However, a knowledgeable New York truck accident attorney can assist you in settling your claim quickly and fairly.

The Benefits of Your Case

The value of your 18-wheeler accident case is influenced by a variety of factors. Damages and fault are the two most important. Fault is important, because it determines the amount of compensation you are entitled to.

In Texas in Texas, you are able to be awarded damages if the other party was at least 50% responsible for your collision. Your attorney can use evidence, however, to prove that you were not as culpable as the other party. This could increase the amount of your settlement substantially.

Another major aspect that determines your potential amount of compensation is the severity of your injuries and losses. The injuries you suffer from an accident with an 18-wheeler tend to be more severe than those sustained in a typical car accident. Trucks can weigh as much as 80k pounds and the force that they generate is much greater than that of an average car can manage.

The most serious injuries suffered in an accident involving a large truck can result in settlements of millions of dollars or more. 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 can include pain and discomfort as well as loss of enjoyment from life, and loss of companionship. These damages are usually difficult to quantify, but our lawyers can help you create and present the best evidence of the financial impact.

The Time It Takes to Receive an Settlement

It could take longer for an injury claim to be settled following an accident that involved an 18 wheeler accident-wheeler due to the degree and frequency of injuries. Your attorney will work with medical experts to determine the complete extent of your injuries, including the future and present medical expenses as well as lost wages. Your settlement will also contain non-economic damages, which can be difficult to quantify.

Your lawyer will create the forms for release that you need to sign when the settlement has been reached. Once you sign them, the insurance company processes the case and sends you an amount agreed upon. The process could take from between a few weeks and up to a month for many reasons, including clerical errors and delays in the mail system.

The amount of blame each party has in the incident will determine the time it will take to receive your settlement. In the event that there more than one party at fault, 18 wheeler accident lawsuit it may be necessary to negotiate who is accountable for the injuries. Your lawyer will guide you through the negotiation process and help you reach an equitable settlement. If the insurance company refuses to negotiate with you, your lawyer will be able to file a lawsuit to secure a greater monetary settlement.

How can a lawyer help?

There are more than 100,000 injury resultant accidents caused by 18 wheelers every year, and many of them lead to settlements and lawsuits which can reach into the millions of dollars. Lawyers who specialize in these cases earn a lot of money.

Trucking companies have teams of lawyers working throughout the day and night to limit the risk of claims, therefore victims must have an experienced lawyer by their side. A lawyer can assist victims collect evidence and negotiate with insurance companies and even argue in court to get the highest amount of compensation.

An experienced attorney will also know if they need to pursue other responsible parties for compensation, in addition to the trucking company. It could be the manufacturer of the vehicle or the manufacturer if the accident was due to defective or faulty components. This could also include a retailer, distributor or manufacturer if the truck was stolen or sold with no proper inspections or maintenance.

A competent attorney will make sure the damages are correctly claimed including past and future medical expenses loss of income, property damage, emotional trauma and other expenses. It is important to start a claim as fast as possible following the incident so that evidence is current and available. The delay gives the trucking company and their team of attorneys more time to prepare for an appeal and convince a jury that the victim was responsible.