What Are the Average 18 Wheeler Settlements?
The average settlement for 18-wheelers is one of the most frequently-asked queries by those involved in truck accidents.
The amount you get as a settlement depends on several factors. This includes the severity of your injuries as well as the extent of your damages.
What to Expect from a Settlement
There are many factors that can affect the amount of a settlement for the aftermath of a truck crash. Some of these factors include the severity and length of your injuries, as well as your lost wages. In addition, your attorney could factor in future medical expenses when you need ongoing medical treatment because of your accident. This is often based on the testimony of doctors or other health care experts. Your attorney will also take into account the costs of repairing or replacing any property damaged in the accident.
In general the case of 18-wheeler accidents, settlements are higher than settlements for regular auto accidents. Truck accidents are more likely to cause serious injuries than car accidents. It is not uncommon for victims to receive hundreds of thousands or millions of dollars in damages total.
You may also be entitled to compensation for damages that are not economic in addition to your economic losses. These are less quantifiable losses however they are equally important to your recovery. For example the non-economic costs could include your suffering and pain or loss of enjoyment in life, or even disfigurement. Your lawyer will determine all your losses to ensure you get the compensation you are due. This may take a long time especially if multiple parties are responsible for the crash. A New York truck accident lawyer can help you settle your claim quickly and fairly.
What is the worth of Your Case?
Many factors affect the value of your 18-wheeler accident case. Fault and damages are the two most significant. It is crucial because it determines how much you are entitled to in compensation.
In Texas, you can only recover damages if the other party was at least 50 percent accountable for the accident. However, your attorney can utilize evidence to prove the other party was more at fault than you were. This could increase the amount you receive from your settlement substantially.
Another major factor that influences your potential payout is the extent of your injuries and losses. The injuries you experience in a crash with an 18-wheeler can be more severe than those suffered in a car crash. Trucks can weigh up to 80,000 pounds and the force they generate is much greater than that of the average car driver can handle.
The most serious injuries incurred in an accident involving a massive truck could lead to settlements of a million dollars or more. In addition to the medical costs of treating your injuries, you may also seek compensation for the effect the accident has affected your life quality. This includes pain and suffering, loss of enjoyment of life and companionship loss and companionship, among other things. It is often difficult to quantify the non-economic losses, but our attorneys have years of experience in preparing and presenting the best evidence of the actual financial impact of your crash.
The time it takes to Receive the Settlement
It may take longer for a personal injury case to be settled following an accident that involved an 18-wheeler due to the seriousness and regularity of injuries. Your lawyer will work closely with medical professionals to determine your total injuries, including current and future medical costs and lost wages. Your settlement will also contain non-economic damages that can be difficult to calculate.
After 18 wheeler accident law firm tucson has been made your lawyer will then prepare release forms for you to sign. Once you have completed them the insurance company will take care of your case and issue the amount that you have agreed to. This process may take several weeks or even a month depending on the situation.
The percentage of fault each party has in the incident will determine how long it will take to receive your settlement. If there more than one party at fault, it may be necessary to negotiate who's responsible for the injuries. An experienced attorney will be able to assist you in these negotiations and assist you to negotiate a fair settlement. If the insurance company is unwilling to negotiate with you, your lawyer will be able to file a lawsuit to get a better settlement.
How can a lawyer help?
There are more than 100,000 injuries causing accidents with 18 wheelers every year, and most of them result in settlements and lawsuits that could amount to millions of dollars. Lawyers who specialize in these cases earn lots of money.
Trucking companies have whole teams of attorneys working every day and night to reduce claims, so victims must have an experienced lawyer at their side. A lawyer can assist victims collect evidence to support their case, negotiate with insurance companies, and even argue in court to obtain the most money for their claim.
An experienced attorney will also be aware of the need to sue other liable parties for compensation in addition to the trucking company. This could include a car manufacturer in the event that the crash was caused by defective or defective parts. This could also include a distributor, retailer or manufacturer if the truck was sold or stolen with no proper inspections or maintenance.
An experienced attorney will make sure the damages are correctly claimed including past and future medical expenses loss of income damages to property, emotional trauma and other expenses. It is important to submit your claim as soon after the incident as you can to ensure that all evidence remains fresh. It gives the trucking company and their team of attorneys more time to prepare for an appeal and convince a jury that the victim was responsible.