What Are the Average 18 Wheeler Settlements?
The average settlement for 18-wheelers is among of the most frequently-asked questions by people involved in truck accidents.
The amount you receive as a settlement will depend on several factors. The severity of your injuries and the extent of the damages you have suffered are all things to take into consideration.
What to Expect from a Settlement
There are many factors that can impact the value of a truck accident settlement. Some of these include the severity of your injuries, the length of time required to recover, and your lost wages. In addition, your lawyer may take into account future medical costs in the event that you require ongoing medical attention due to your accident. This is usually determined by the testimony of medical doctors or other experts. Additionally, your attorney will also take into consideration the cost of repairing or replace any property that was damaged during the crash.
In general, settlements for 18-wheeler accidents are higher than settlements for normal auto accidents. This is because truck accidents typically cause more serious injuries than typical car crashes. 18 wheeler accident attorney huntington beach is not uncommon for victims to receive hundreds of thousands or even millions of dollars in damages total.
You will also be entitled compensation for damages that are not economic in addition to your economic losses. These are not quantifiable losses however they are just as important to your recovery. Non-economic losses can include suffering and pain, disfigurement, or the loss of enjoyment from your life. Your lawyer will strive to determine all of your losses and make sure you are properly compensated. This could take a while especially if multiple parties share responsibility for the crash. A New York truck accident lawyer can help you settle your claim quickly and fairly.
What is the Value of Your Case?
The value of your 18-wheeler accident case is influenced by a variety of factors. Two of them are fault and damages. It is crucial because it determines how much you are eligible to receive in compensation.
In Texas, you are only entitled to compensation if the driver who caused the accident was at least 50% responsible for your accident. Your attorney can use evidence to show that you weren't as culpable as the other party. This could increase the amount of your settlement significantly.
The other main aspect that affects your potential payout is the extent of your injuries and losses. The injuries you experience in an accident with an 18-wheeler can be greater than those you sustain in a typical car crash. Trucks can weigh upwards of an 80,000-pound weight and the force they produce is greater than that which the average car driver can handle.
The most serious injuries that occur in an accident involving a large truck could lead to settlements of a million dollars or more. The damages you can claim are not just for medical expenses associated with your injuries, but also the impact of the collision on your life quality. This includes suffering, loss of enjoyment of life, and loss of companionship and companionship, among other things. These non-economic damages can be difficult to quantify, however our lawyers can help you create and present the most convincing evidence possible of the financial impact.
How do I wait to receive a settlement?
If you have a personal injury claim following an accident involving an 18-wheeler, it can take longer to settle than car accidents due to the seriousness of injuries that usually accompany these crashes. Your lawyer will work closely with medical professionals to determine the extent of your injuries, which include current and future medical costs as well as lost wages. The settlement will also cover non-economic damages that can be difficult to calculate.
Your lawyer will create the release forms that you have to sign once an agreement has been reached. After you have signed them the insurance company will process your case and issue a check for the amount agreed upon. The process could take several weeks or even a month dependent on the circumstances.
The percentage of fault each party has in the incident will determine how long it will take to receive your settlement. If there was more than one person at fault, it may be necessary to negotiate who is accountable for the injuries. Your experienced attorney will be able to assist you in these negotiations and help reach a fair settlement. If the insurance company is unwilling to negotiate with you, your lawyer will be prepared to file a lawsuit to receive a larger monetary settlement.
How can a lawyer help?
There are more than 100,000 injuries caused accidents involving 18 wheelers every year, and many of them lead to settlements and lawsuits that could exceed millions of dollars. This is why it is a lucrative business for lawyers who specialize in settling these cases.
A trucking firm has a team of lawyers who work around all hours to reduce claims. Victims require a skilled lawyer to represent them. A lawyer can assist victims gather evidence to support their case, negotiate with insurance companies and even appear in court for the maximum settlement.
An experienced attorney will be aware of whether they should sue other liable parties for compensation, in addition the trucking company. It could be the car manufacturer in the event that the crash was due to defective or faulty components. This could also include a retailer, distributor or manufacturer if the vehicle was sold or stolen with no proper inspections or maintenance.
An experienced attorney will make sure the damages are correctly claimed including future and past medical expenses, lost income, property damage, emotional trauma, and other damages. It is essential to make your claim as quickly after the accident as possible so that all evidence is fresh. Also, waiting gives the trucking company and their team of lawyers time to prepare for trial and convince jurors that the victim was responsible.