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What Are the Average 18 Wheeler Settlements?

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

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

What You Can Expect from the Settlement

Many factors can impact the value of a settlement from an accident with a truck. Some of these factors include the severity and length of your injuries as and the loss of your wages. Your attorney may take into account future medical costs should you require ongoing treatment due to your accident. This is typically based on the testimony of medical doctors or other experts. Your attorney will also take into account the costs of repairing or replacing any property damaged by the accident.

In general the settlements of 18 wheeler accident wheelers are considerably higher than standard auto accident settlements. This is because truck accidents typically cause more serious injuries than normal car crashes. It is not uncommon for the victims of truck accidents to suffer damages of hundreds of thousands or even millions, of dollars.

You'll also be entitled to compensation for non-economic losses in addition to your economic losses. These are losses that aren't quantifiable but are equally important to your overall recovery. Non-economic losses include pain and suffering, disfigurement, or loss of enjoyment of your life. Your lawyer will diligently to calculate all your losses and ensure you are compensated appropriately. This can take a long time particularly if several parties are involved in the incident. However, a knowledgeable New York truck accident attorney can assist you in settling your claim quickly and fairly.

The Importance of Your Case

Many factors affect the value of your 18-wheeler accident case. Two primary ones are the fault and damages. It is crucial to be able to identify fault, as it determines the amount of compensation you are entitled to.

In Texas in Texas, you're entitled to compensation if the driver who caused the accident was at least 50% responsible for your accident. Your attorney can use evidence, however, to demonstrate that you were not equally responsible as the other party. This could increase the settlement amount substantially.

The severity of your losses or injuries can affect the amount you can expect to receive. The injuries you suffer in the event of a collision with an 18 wheeler accident lawsuit-wheeler tend to be more severe than those suffered in a typical car accident. Trucks can weigh up to 80,000 pounds and the force they produce is far more than what the average car driver can handle.

The most serious injuries that occur in an accident involving a huge truck could result in settlements of several million dollars or more. You may be able to recover damages not just for medical expenses associated with your injuries, but also the impact of the collision on your quality-of-life. This includes discomfort and pain and loss of enjoyment life, and loss companionship. It can be difficult to quantify these non-economic damages, but our attorneys have extensive experience in making and presenting the strongest possible evidence of the true financial impact of your crash.

How is the time it takes to receive a settlement?

If you make a claim for personal injury following an accident with an 18-wheeler vehicle, it can take longer to settle than car accidents because of the seriousness of injuries that usually accompany such crashes. Your lawyer will work with medical experts to determine the full extent of your injuries, which includes both future and current medical expenses as well as lost wages. Your settlement will also include economic damages that are difficult to calculate.

When a settlement is reached, your lawyer will prepare release forms for you to sign. When you sign them the insurance company reviews the case and sends you the check in the amount you agreed to. The process could take several weeks or even a whole month depending on the situation.

The percentage of fault each party has in the incident will determine how long it will take to receive your settlement. If more than one party is at fault there is a possibility that the parties will have to negotiate over the responsibility for your injuries. Your lawyer will guide you through the negotiation process and assist you reach an equitable settlement. If the insurance company doesn't bargain with you, your attorney is prepared to pursue a lawsuit for an increased settlement.

How a lawyer can help

There are over 100,000 injuries resultant accidents caused by 18 wheelers each year and most of them result in settlements and lawsuits that could amount to millions of dollars. This is a huge business for lawyers who specialize in litigating these cases.

Trucking companies have whole teams of attorneys working every day and night to reduce the risk of claims, therefore victims must have an experienced lawyer by their side. A lawyer can help victims to gather evidence, negotiate their case with insurance companies and even argue in court for the highest amount of compensation.

An experienced lawyer will be aware of the need to sue other liable parties for compensation, in addition 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 has been sold or stolen with no proper inspections or Attorneys maintenance.

A reputable attorney will ensure that all damages are claimed accurately for past and future medical costs, lost incomes, property damage, emotional trauma, and pain and suffering. It is important to make a claim as quickly as you can following the accident to ensure that the evidence is fresh and available. In the meantime, the trucking firm and their team of attorneys more time to prepare for the trial and convince a jury that the victim was responsible.