What Are the Average 18 Wheeler Settlements?

The average settlement for 18 Wheeler Accident lawsuit-wheelers is one of the most frequently asked questions by those involved in truck accidents.

The amount you will receive in settlement will depend on a variety of factors. The extent of your injuries and the amount of damage you've suffered are just a few things to take into consideration.

What to Expect from a Settlement

A variety of factors can impact the value of a settlement for an accident with a truck. Some of these include the severity and duration of your injuries as well as your lost wages. Your attorney may include future medical costs if you are required to continue treatment following your accident. This is usually dependent on the testimony of doctors or other medical professionals. Your lawyer will also take into account the cost of repairing or replacing any property damaged by the accident.

In general, settlements for 18-wheeler accidents are higher than settlements for auto accidents of a normal nature. This is due to the fact that truck accidents are more likely to result in more severe injuries than typical car crashes. It is not uncommon for the victims of truck accidents to incur damages in the hundreds of thousands or even millions, of dollars.

You may also be entitled to compensation for non-economic losses in addition to your economic losses. These are not as quantifiable losses but are equally important to your overall recovery. Non-economic losses may include suffering and pain, disfigurement, or the loss of enjoyment from your life. Your lawyer will assess all your losses in order to ensure that you receive the amount you are entitled to. It can take some time especially if multiple parties are responsible for the crash. A New York truck accident lawyer can assist you in settling your claim quickly and fairly.

What is the significance of Your Case?

The value of your 18 wheeler accident lawyer-wheeler accident case is influenced by a variety of factors. Two of them are the fault and damages. Fault is important because it determines how much you are entitled to in compensation.

In Texas in Texas, you're entitled to compensation if the driver who caused the accident was at least 50% at fault for your accident. However, your attorney can provide evidence to show that the other party was much more responsible than you were. This could significantly increase the amount of your settlement.

Another factor that influences your potential payout is the severity of your injuries and losses. The injuries you suffer from an accident with an 18 wheeler accident lawsuit-wheeler are typically more severe than the ones you suffer in a typical car crash. Trucks can weigh up to 80,000 pounds and the force they generate is much greater than that of an average car can manage.

Therefore, the most serious injuries resulting from an accident involving a huge truck could lead to substantial or even multi-million-dollar settlements. You could be awarded damages not just for medical expenses resulting from your injuries, but also for the impact of the collision on your quality of life. This can include pain and discomfort and loss of enjoyment life, and loss of companionship. It can be difficult to quantify these non-economic damages, but our attorneys have years of experience in providing the best evidence possible of the financial impact of your accident.

How long does it take to receive a settlement?

It may take longer for a personal injury claim be settled following an accident involving an 18-wheeler because of the severity and frequency of injuries. Your attorney will work closely with medical professionals to determine the extent of your injuries, including your current and future medical expenses and lost wages. Your settlement will also include non-economic damages, which can be difficult to calculate.

Your lawyer will create the release forms that you have to sign when a settlement has been reached. Once you sign them, the insurance company will process your case and issue a check for agreed amount. The process can take anywhere from a few weeks to up to a month for several reasons, such as clerical mistakes and delays in the mail system.

The percentage of fault each party is accountable for in the incident will determine the time it will take to receive your settlement. In the event that more than one person was at fault there is a possibility that the parties will have to discuss who is accountable for your injuries. Your knowledgeable attorney will be able to guide you through these negotiations and assist you to negotiate a fair settlement. If the insurance company refuses to bargain with you, your lawyer will make a claim to secure a larger settlement.

How a lawyer can help

More than 100,000 accidents involving 18-wheelers result in injuries each year. Many of these accidents result in lawsuits or settlements worth millions of dollars. This is a huge business for lawyers who specialize in settling these cases.

Trucking companies have teams of lawyers working all 24/7 to reduce claims, so victims must have a knowledgeable lawyer on their side. A lawyer can assist them gather evidence and discuss with insurance companies and even argue their case in court to ensure they get the maximum settlement amount possible.

An experienced attorney will know when they must seek out other responsible parties for compensation, in addition to the trucking company. It could be the manufacturer of the vehicle in the event that the crash was due to defective or damaged components. It could also include a distributor or retailer if the truck was sold or 18 Wheeler accident lawsuit stolen without proper inspections and maintenance.

An experienced attorney will make sure the damages are correctly claimed including future and past medical expenses and lost income and property damage, as well as emotional trauma, and other damages. It is important to file your claim as soon after the accident as possible so that all evidence is fresh. The delay gives the trucking company and their team of attorneys more time to prepare for trial and convince jury that the victim was responsible.