Fri. Nov 22nd, 2024

The Value of an 18 Wheeler Settlement

If a truck driver with 18 wheeler accident attorney wheels rear-ends your vehicle, you could be able to bring an claim against the truck driver and their employer. The nature and severity of your injuries will determine the value of your settlement.

You can also seek damages to compensate for future loss of income. However, you should wait until your doctor confirms that your injuries will cause lasting effects.

Compensation for Injury

The value of an 18 wheeler collision settlement is determined by how badly a victim was injured. Injuries in truck accidents tend to be significantly more severe than injuries sustained in car crashes, and the damages that result reflect this. The amount of compensation awarded to victims varies based on many factors.

Medical costs are an essential element in determining the value of a settlement for a trucking accident. The cost of past and future treatments will be considered when calculating the amount, which can include any transportation costs for appointments with your doctor. Lost income is another consideration as is the impact of the accident on your lifestyle. In the event that your injuries will prevent future employment, you can include this in your compensation claim.

It is not uncommon for victims to collect hundreds of thousands or millions of dollars in the form of a truck or an 18 wheeler accident lawsuits wheeler settlement following an accident. These settlements are higher than those paid in a typical car accident, and many of them break records.

Our lawyers will investigate any party that might be responsible for your losses. This includes the truck driver or their company, as well any other third-party companies that may have contributed to the incident. Loading companies, for example, can be held responsible when they fail to properly stack or overload cargo on the trailer. If the accident was caused by defective parts for the truck or vehicle, you can also file a claim against the manufacturer or distributor.

Damages for Suffering and Pain

In addition to the financial losses victims can also seek compensation for pain and suffering. This relates to the psychological and emotional distress caused by an accident. It’s hard to quantify, which makes it an essential part of your claim. Our lawyers will determine your non-economic losses so that you get an appropriate settlement for your injuries.

Certain victims suffer from chronic and amputation that is debilitating. The medical bills and expenses are likely to be significant. The damages are calculated with the assistance of experts such as doctors and economists. Insurance companies may attempt to minimize these losses by saying that your conditions did not arise from the crash, but that they existed prior to. Our team will rebut these claims to ensure that you receive the compensation you deserve.

Sometimes more than one party could be accountable for an 18-wheeler crash. Besides the truck driver and the company that employs the driver could be held accountable. If the truck was not properly loaded and the crash resulted from this the loading company may be held responsible.

The process of negotiating a settlement for a truck crash case may seem to take forever. However, it is important to recognize that you shouldn’t settle a personal injury claim until you reach your maximum medical improvement (MMI). Doing so too soon could mean that you’re accepting an offer that does not adequately pay for your injuries.

Damages for Economic Loss

The most significant damage in a case of a truck crash are the economic losses. These include lost wages as well as property damage and the cost of fixing or replacing your vehicle, as well as any other items you have lost in the crash.

Trucks are a lot heavier and bigger than passenger cars. They are unable to easily move around to avoid collisions. They take a longer time to stop, making rear-end crashes particularly risky. The impact can be devastating and life-changing.

Insurance companies and trucking firms will do anything to minimize their responsibility for the injuries of the victim. This may include the use of negotiations to try and pass the law filing a suit.

An experienced attorney can assist you in fighting these tactics and get the maximum amount of compensation for your injuries.

If more than one party was at fault for the accident, comparative negligence laws may affect your final settlement or verdict. Your attorney will have the experience and knowledge to identify all parties responsible and pursue claims on your behalf. This increases the likelihood of you getting the full amount you are entitled to. Contact Kaine Law today for a no-cost consultation. Our lawyers will examine your case, explain your legal options, and discuss the potential worth of your truck accident claim.

Damages for Non-Economic losses

Insurance companies and trucking companies providers may not always be able to settle disputes outside of court. The complexity of these cases and the nature of the injuries frequently require a lawsuit to be filed for victims to receive a fair amount of compensation.

Our firm has the resources to ensure the highest settlement that is possible for your case. We will use experts to recreate accidents and other methods to prove your losses. This can include medical and vocational experts, as well as economic loss specialists who will estimate the amount of your losses from the past and in the future could be worth.

We could also hold others accountable if they are involved in the accident. This is particularly true if the other party was unable to perform its legal obligations, such as by not maintaining a truck or hire qualified drivers.

We can also make a claim against the trucking firm who employed the driver or if the firm was owned by a third party. Trucking companies may be held responsible for a variety of causes like forcing their employees to work excessive hours or reducing costs through not performing the proper maintenance on the vehicle. We may also file an action against the company that made of the truck if it’s established that a defective component caused a collision.

View My Stats