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What Are the Average 18 Wheeler Settlements?

The average settlement for 18 wheeler accident law firms-wheelers is one of the most frequently asked concerns by those involved in truck accidents.

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

What to Expect From the Settlement

A variety of factors can impact the value of a settlement for an accident involving a truck. Some of these include the severity of your injuries, the amount of time required to recover, and your lost wages. Your lawyer could also factor in future medical expenses if you have to continue your treatment following your accident. This is typically based on the evidence of medical doctors or other experts. Your attorney will also consider the cost of replacing or repairing any property damaged in the accident.

Generally speaking the settlements of 18 wheelers are much larger than standard auto settlements for accidents. Truck accidents are more likely cause serious injuries than car accidents. It is not uncommon for the victims of truck accidents to receive damages of hundreds of thousands, or even millions, of dollars.

You also have the right to compensation for non-economic damages in addition to your economic losses. These are not as quantifiable, but they are equally important to your recovery. For example your non-economic losses may include your pain and suffering or loss of enjoyment in life, or disfigurement. Your lawyer will assess all your losses to ensure you receive the compensation you deserve. This can take some time, especially if multiple parties are involved in the accident. However, a skilled New York truck accident attorney can assist you in settling your claim quickly and in a fair manner.

What is the Value of Your Case?

The value of your 18-wheeler crash case is influenced by a variety of factors. Two primary ones are fault and damages. The issue of fault is that it determines how much you are able to receive in compensation.

In Texas in Texas, you are able to recover damages if the other party was at least 50% responsible for your collision. However, your attorney can provide evidence to show that the other party was much more at fault than you were. This could increase the amount you receive from your settlement substantially.

Another major factor that influences your potential settlement is the severity of your losses and injuries. Injuries sustained during an 18-wheeler crash can be far more severe than injuries suffered in a car crash. Trucks can weigh up an 80,000-pound weight and the force they generate is greater than that which an average car can manage.

The most serious injuries that occur in an accident that involves a large truck could lead to settlements that amount to millions of dollars or more. In addition to the medical expenses of treating your injuries, you may also claim damages for the impact the crash has had on your quality of life. This can include pain and discomfort, loss of enjoyment in life, and loss of companionship. It is often difficult to quantify these damages that are not economic, but our attorneys have extensive experience in making and presenting the strongest possible evidence of the true financial impact of your accident.

The Time It Takes to Receive the Settlement

It could take longer for a personal injury case to be settled following an accident caused by an 18-wheeler, due to the degree and frequent nature of injuries. Your attorney will work closely with medical professionals to determine your full injuries, which include current and future medical expenses as well as lost wages. Non-economic damages, which could be harder to calculate are also included in the settlement.

Your lawyer will draft the release forms you'll need to sign once a settlement has been made. After you have signed them the insurance company will take care of your case and issue an amount that you have agreed to. The process could take from several weeks to at least a month due to various reasons, such as clerical errors and delays in the mail system.

A major factor in determining how long it takes to get your settlement is the proportion of fault that is assigned to each person involved in the crash. In cases where more than one party was responsible, the parties may have to discuss who is responsible for your injuries. Your knowledgeable attorney can assist you in the process and help you achieve an equitable settlement. If the insurance company refuses to negotiate with you, your lawyer will bring a lawsuit to obtain a higher settlement.

What Lawyers Can Do to Help

Over 100,000 accidents that involve 18 wheeler accidents-wheelers cause injuries every year. Many of these accidents lead to settlements or attorneys lawsuits worth millions of dollars. Lawyers who specialize in these cases earn an enormous amount of dollars.

Trucking companies have teams of attorneys working night and day to minimize claims, which is why victims should have an experienced lawyer at their side. A lawyer can help victims to gather evidence, negotiate their case with insurance companies, and even argue in court to obtain the maximum settlement.

An experienced attorney will be aware of the need to pursue other responsible parties for compensation in addition to the trucking company. This could include a car manufacturer when the accident was caused by defective or ineffective components. It could also involve the retailer or distributor in the event that the truck was sold or stolen without proper inspections and maintenance.

A good lawyer will ensure that all damages are properly claimed in relation to past and future medical expenses, lost income physical damage, emotional trauma, and suffering and pain. It is important to submit your claim as soon after the accident as you can so that all evidence is fresh. In the meantime, the trucking firm and their team of attorneys more time to prepare for an appeal and convince a juror that the victim was at fault.