The average settlement for 18-wheelers is among of the most frequently-asked queries by those involved in truck accidents.
The amount you receive in settlement will depend on a variety of factors. This includes the degree of your injuries and the amount of your damages.
What You Can Expect From the Settlement
There are many factors that affect the value of a truck crash settlement. Some of these factors include the severity and duration of your injuries, as and the loss of your wages. Your lawyer could include future medical expenses if you have to continue your treatment because of your accident. This is typically based upon medical experts' testimony or other health care professionals. Your lawyer will also consider the cost of replacing or repairing any property damaged in the accident.
In general the settlements for 18 wheelers are considerably higher than standard auto settlements for accidents. Truck accidents are more likely to cause serious injuries than car accidents. It is not unusual for victims of truck accidents to suffer damages of hundreds of thousands or even millions, of dollars.
You also have the right to compensation for non-economic losses in addition to your economic losses. These aren't as quantifiable however they are equally crucial to your recovery. Non-economic losses could include pain and suffering, disfigurement, best 18 wheeler accident attorneys or loss of enjoyment in your life. Your lawyer will assess all your losses in order to ensure that you receive the amount you are entitled to. This can take some time especially if several parties share responsibility for the crash. However, a knowledgeable New York truck accident attorney can help you settle your claim quickly and fairly.
The Value of Your Case
Many factors affect the worth of your 18-wheeler accident case. Fault and damages are the two most significant. The issue of fault is that it determines the amount you are able to receive in compensation.
In Texas, you can only recover damages if the other party was at least 50 percent accountable for your collision. Your attorney can use evidence, however, to prove that you weren't in the same way as the other party. This could substantially increase the amount of your settlement.
The extent of your injuries or losses can affect the amount you can expect to receive. The injuries you experience in a crash with an 18-wheeler are typically more severe than those sustained in a typical car crash. This is because trucks weigh more than 80k pounds, which when multiplied by the speed of travel generates much more force than a standard passenger vehicle can handle.
The most serious injuries suffered in an accident involving a large truck can result in settlements of millions of dollars or more. You may be able to recover damages not just for medical expenses associated with your injuries, but also for the impact of the crash on your quality of life. This includes discomfort and pain, loss of enjoyment in life, and loss companionship. These non-economic damages can be difficult to quantify, but our lawyers can assist you to prepare and present the best 18 wheeler accident attorneys - Going On this site - evidence of the financial impact.
How is the time required to receive a settlement?
It can take a longer time for an injury claim to be settled after an accident involving an 18-wheeler accident attorney because of the extent and frequency of injuries. Your lawyer will work closely with medical professionals to determine the extent of your injuries, including your current and future medical costs as well as lost wages. Your settlement will also contain economic damages that are difficult to quantify.
Your lawyer will prepare the release forms that you have to sign once an agreement has been reached. When you sign them the insurance company reviews the case and sends you a check for agreed amount. This process can take a few weeks to up to a month for 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 how long it will take to receive your settlement. In cases where there was more than one person at fault, it may be necessary to determine who is accountable for the injuries. Your lawyer will be able to guide you through these negotiations and help reach a fair settlement. If the insurance company refuses to negotiate with you, then your lawyer is ready to bring a lawsuit to obtain an increase in settlement.
How can a lawyer help?
Over 100,000 accidents involving 18-wheelers lead to injuries every year. Many of these accidents lead to settlements or lawsuits worth millions of dollars. Lawyers who specialize in these cases earn huge sums of money.
A trucking firm has a team of attorneys who work round all hours to limit claims. Victims require a skilled lawyer on their side. A lawyer can help them collect evidence and deal with insurance companies, and even argue their case in court to ensure they receive the highest settlement amount possible.
A lawyer with experience can determine if other parties are responsible for compensation in addition to the trucking company. This could include a vehicle manufacturer if the crash was caused by defective or defective components. This could also include a distributor, retailer or manufacturer if the vehicle was stolen or sold with no proper maintenance or inspections.
A good lawyer will make sure the damages are correctly claimed including future and past medical expenses, lost income and property damage, as well as pain and suffering, emotional trauma and other losses. It is important to make your claim as quickly after the incident as you can to ensure that all evidence is still fresh. Waiting gives the trucking firm and their attorneys more time to prepare for trial and convince jury that the victim was responsible.