What Are the Average 18 Wheeler Settlements?
One of the most commonly asked questions that people who have been involved in truck accidents have is “What are the typical settlements for 18 wheeler accident lawyer-wheelers?”
The amount you receive as a settlement is contingent on various factors. The severity of your injuries, and the amount of damage you’ve sustained are all aspects to be considered.
What to Expect from the Settlement
There are many variables that can impact the value of a truck crash settlement. A few of them are the severity of your injuries, the amount of time required to heal, and your loss of earnings. Your attorney may take into account future medical costs should you need to continue treatment as a result of your accident. This is typically based on the testimony of medical doctors or other professionals. Additionally, your lawyer will also consider the cost to repair or replace any property that was damaged by the crash.
In general the settlements for 18 wheelers are significantly higher than standard auto settlements for accidents. This is because truck accidents are more likely to result in more severe injuries than standard car crashes. It is not uncommon for victims of truck accidents to be awarded damages that range from hundreds of thousands or even millions of dollars.
In addition to the economic losses, you will also be entitled to compensation for non-economic damages. These are not as quantifiable however, they are equally important to your recovery. For instance your non-economic losses could include your pain and suffering, loss of enjoyment of life, or even disfigurement. Your lawyer will work diligently to determine all of your losses and ensure that you are compensated appropriately. This may take time, especially when multiple parties are involved in the incident. However, a skilled 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 crash case is affected by several factors. Fault and damages are the two most significant. The importance of fault is that it determines how much you are entitled to in compensation.
In Texas, you are only entitled to compensation if the driver who caused the accident was at least 50% responsible for the collision. Your lawyer can use evidence, however, to demonstrate that you were not equally responsible as the other party. This could significantly increase the amount of your settlement.
Another major factor that influences your potential settlement is the severity of your losses and injuries. Injuries that result from a collision with an 18-wheeler can be far more serious than injuries sustained in a car accident. Trucks can weigh up to 80k pounds and the force they exert is far greater than what the average car driver can handle.
The most serious injuries sustained in an accident involving a massive truck may result in settlements that amount to millions of dollars or more. The damages you can claim are not just for medical expenses associated with your injuries, but also for the impact of the crash on your life quality. This includes pain and suffering and loss of enjoyment of life and loss of companionship and companionship, among other things. It can be difficult to quantify these damages however our attorneys have years of experience providing the best evidence possible of the financial impact of your accident.
The time it takes to Receive a Settlement
If you make a claim for personal injury following an accident involving an 18 wheeler accident-wheeler, it can take longer to settle than car accidents because of the nature of the injuries that commonly result from these crashes. Your attorney will work with medical experts to determine the complete extent of your injuries, which includes both current and future medical expenses and lost wages. Your settlement will also contain non-economic damages that can be difficult to quantify.
Your lawyer will prepare the release forms that you have to sign when a settlement has been reached. Once you sign them, the insurance company will process the case and sends you a check for agreed amount. The process could take several weeks or even a month depending on the circumstances.
The most significant factor in determining how long it takes to get your settlement is the proportion of fault attributed to each party involved in the crash. In cases where there more than one party at fault, it may be necessary to negotiate who’s responsible for the 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 will pursue a lawsuit for a larger settlement.
How can a lawyer assist
There are more than 100,000 injury resultant accidents caused by 18 wheelers every year, and many of them lead to settlements and lawsuits that could be in the millions of dollars. Lawyers who specialize in these cases earn an enormous amount of money.
A trucking company has a team comprised of attorneys who work around all hours to limit claims. Victims need an experienced lawyer by their side. A lawyer can help gather evidence, negotiate with insurance companies, and even argue their case in court to ensure that they receive the highest settlement possible.
An experienced lawyer can determine if other parties are responsible for compensation in addition to the trucking firm. It could be the vehicle manufacturer and the driver if the crash occurred caused by defective or defective components. It could also include a distributor or retailer if the truck was sold or stolen without proper inspections and maintenance.
A good lawyer will ensure that all damages are claimed correctly including past and future medical expenses and lost income and property damage, as well as emotional trauma, and other losses. It is crucial to make your claim as quickly after the incident as you can to ensure that all evidence remains fresh. Waiting gives the trucking firm and their legal team more time to prepare for a trial and convince a juror that the victim was at fault.