What Are the Average 18 Wheeler Settlements?
One of the most common questions that those who have been involved in truck accidents is "What are the average 18 wheeler settlement?"
The amount you get as a settlement depends on several aspects. The extent of your injuries and the amount of damages you've suffered are all aspects to be considered.
What You Can Expect from a Settlement
There are many factors that can affect the amount of a settlement for a truck accident. Some of these factors include the severity and length of your injuries as in addition to the lost wages. Your lawyer may take into account future medical costs should you are required to continue treatment as a result of your accident. This is typically based on the testimony of medical doctors or other experts. Additionally, your lawyer will also look at the cost of repairing or replace any property that was damaged by the crash.
In general the majority of cases, settlements for 18-wheeler crashes are significantly higher than those for normal auto accidents. Truck accidents are more likely to cause severe injuries than car accidents. It is also not unusual for victims to suffer hundreds of thousands or even millions of dollars in total damages.
You may also be entitled to compensation for non-economic damages in addition to your economic losses. These are not quantifiable losses however they are equally important to your recovery. For example, your non-economic losses might include your suffering and pain or loss of enjoyment in life, or disfigurement. Your lawyer will estimate all your losses to ensure you get the compensation you deserve. This can take some time particularly if several parties are involved in the accident. However, a knowledgeable New York truck accident attorney can help you settle your claim quickly and fairly.
What is the Value of Your Case?
There are many factors that affect the worth of your 18-wheeler accident case. Fault and damages are the two most significant. Fault is important because it determines how much you are able to receive in compensation.
In Texas the law states that you can only recover damages if the other party was at least 50% responsible for the collision. Your attorney may use evidence, however, to prove that you were not as at fault as the other party. This could substantially increase the amount of your settlement.
Another factor that influences your potential payout is the severity of your injuries and losses. Injuries that result from a collision with an 18-wheeler can be far more serious than injuries sustained in a car crash. This is because trucks weigh more than 80,000 pounds, which multiplied by the speed of travel results in far more force than a typical passenger vehicle 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. In addition to the medical costs of treating your injuries, you may also claim damages for the effect the accident has had on your life quality. This includes pain and suffering as well as loss of enjoyment life and loss of companionship, among other things. These damages are usually difficult to quantify, but our lawyers can assist you to create and present the best evidence of the financial impact.
How is 18 wheeler accident lawsuit hesperia takes to receive an amount of money?
It could take longer for a personal injury claim be settled following an accident caused by an 18-wheeler, due to the degree and the frequency of injuries. 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, which can be difficult to quantify.
If a settlement has been reached the lawyer will prepare release forms for you to sign. Once you've signed them, the insurance company will take care of your case and issue the amount agreed upon. This process can take a few weeks or even a month depending on the circumstances.
A key factor in determining the time it takes to receive your settlement is the proportion of fault attributed to each party involved in the crash. In cases where more than one party is at fault there is a possibility that the parties will have to negotiate about who is responsible for your injuries. Your attorney will guide you through the negotiation process and help to reach a fair settlement. If the insurance company doesn't negotiate with you, then your attorney is prepared to make a claim to secure a higher settlement.
What can a lawyer do to help
More than 100,000 accidents involving 18-wheelers cause injuries each year. Many of these accidents result in settlements or lawsuits in the millions of dollars. This is a big business for lawyers who specialize in litigating these cases.
Trucking companies have whole teams of lawyers working every day and night to reduce the risk of claims, therefore victims must have an experienced lawyer by their side. A lawyer can help victims collect evidence, negotiate their case with insurance companies and even present their case in court for the highest amount of compensation.
An experienced lawyer will be aware of whether they should bring other parties liable for compensation, in addition the trucking company. This could include a car manufacturer in the event of a crash caused by defective or faulty components. This could also include a retailer, distributor or manufacturer if the vehicle was sold or stolen with no proper maintenance or inspections.
A reputable attorney will ensure that the claim is made in a timely manner, including past and future medical expenses, lost income damages to property, emotional trauma and suffering and pain. It is crucial to start a claim as fast as possible following the incident so that evidence is fresh and available. Waiting gives the trucking firm and their attorneys more time to prepare for trial and convince jury that the victim was responsible.