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What Are the Average 18 Wheeler Settlements?

One of the most common questions that those who have been involved in truck accidents is "What are the typical 18 wheeler settlement?"

The amount you receive as a settlement depends on many factors. The severity of your injuries, and the amount of damages you've suffered are all things to take into consideration.

What to Expect From the Settlement

There are a myriad of factors that can impact the value of a truck accident settlement. These include the severity of your injuries, the amount of time it took to recover, and your lost wages. Your lawyer may also consider future medical expenses if you have to continue your treatment following your accident. This is usually based on the testimony of doctors or other health experts. Your lawyer will also consider the costs of repairing or replacing any property damaged in the accident.

In general the settlements for 18 Wheeler accident lawsuit wheelers are considerably higher than standard auto settlements for accidents. Truck accidents are more likely to cause severe injuries than car accidents. It is not uncommon that victims receive hundreds of thousands or millions of dollars in total damages.

In addition to the economic losses, you'll also be entitled to compensation for non-economic losses. These are not as quantifiable losses but are equally important to your overall recovery. For example, your non-economic losses might include your suffering and pain and loss of enjoyment life, or disfigurement. Your lawyer will work diligently to estimate all of your losses, and make sure that you get the right amount of compensation. This may take time especially if multiple parties are responsible for the incident. However, a knowledgeable New York truck accident attorney can help you settle your claim quickly and fairly.

What is the value of Your Case?

A variety of factors can affect the worth of your 18-wheeler accident case. Fault and damages are the two most important. The issue of fault is that it determines how much you are entitled to in compensation.

In Texas the law states that you can only recover damages if the other party was at least 50 percent accountable for the collision. Your lawyer can use evidence to prove that you were not equally responsible as the other party. This could increase the amount you receive from your settlement significantly.

The other major element that affects your payout is the extent of your losses and injuries. The injuries you sustain in a crash with an 18-wheeler are often far more severe than those sustained in a normal car crash. Trucks can weigh up to 80,000 pounds and the force that they generate is greater than that which the average car driver can handle.

Therefore, the most serious injuries in an accident involving a massive truck could result in significant or even multi-million dollar settlements. In addition to the medical expenses of treating your injuries, it is possible to also seek compensation for the effect the accident has caused to your quality of life. This includes suffering and pain as well as loss of enjoyment life, and loss of companionship as well as other aspects. It is often difficult to quantify these damages that are not economic however our attorneys have vast experience in preparing and presenting the best evidence possible of the financial impact of your crash.

The Time It Takes to Receive an Settlement

If you have a personal injury claim following an accident with an 18 wheeler accident-wheeler, it could take longer to settle than car accidents because of the severity of injuries that often result from these crashes. Your attorney will work with medical experts to determine the full extent of your injuries, including future and ongoing medical expenses as well as lost wages. Non-economic damages, which may be harder to calculate, will also be included in your settlement.

Your lawyer will prepare the forms for release that you need to sign when a settlement has been reached. After you have signed them the insurance company will review your case and issue the amount that you have agreed to. This process can take weeks or even a whole month depending on the circumstances.

The amount of fault each party carries in the accident will determine how long it will take to receive your settlement. In the event that there was more than one person at fault, it may be necessary to determine who is accountable for 18 Wheeler accident lawsuit the injuries. Your attorney will guide you through the negotiation process and help you negotiate a fair settlement. If the insurance company is unwilling to negotiate with you, your attorney will be prepared to file a lawsuit in order to secure a greater monetary settlement.

How a Lawyer Can Help

There are more than 100,000 injury accident-related accidents that occur with 18 wheeler accident attorney wheelers each year and the majority of them result in settlements and lawsuits that can be in the millions of dollars. This is why it is a lucrative business for lawyers who specialize in settling these cases.

A trucking company has a team comprised of attorneys who work round the clock to minimize claims. Victims require an experienced lawyer by their side. A lawyer can help victims find evidence and negotiate their case with insurance companies and even present their case in court for the maximum settlement.

An experienced lawyer will know when they must seek out other responsible parties for compensation, in addition to the trucking company. This could include a vehicle manufacturer in the event that the crash was caused by defective or damaged components. This could also include a distributor, retailer or manufacturer if the truck has been stolen or sold with no proper maintenance or inspections.

A good attorney will ensure that all damages are properly claimed for past and future medical costs, lost incomes and property damage, as well as emotional trauma and pain and suffering. It is important to submit your claim as soon after the incident as you can to ensure that all evidence is still fresh. It gives the trucking company and their attorneys more time to prepare for the trial and convince a juror that the victim was at fault.