What Are the Average 18 Wheeler Settlements?
One of the most frequently asked questions that people who have been involved in truck accidents is "What is the typical settlements for 18 wheelers?"
The amount you receive as settlement depends on a number of factors. This includes the extent of your injuries and the extent of your damages.
What to Expect from a Settlement
There are many variables that affect the value of a truck accident settlement. These include the severity of your injuries, the length of time required to heal, as well as your lost wages. Your lawyer could also consider future medical expenses in the event that you require ongoing treatment following your accident. This is often based on medical experts' testimony or other health experts. Your lawyer will also consider the cost of replacing or repairing any property damaged by the accident.
In general the settlements of 18 wheelers are considerably higher than standard auto settlements for accidents. Truck accidents are more likely cause serious injuries than car accidents. It is also not uncommon for victims to be awarded hundreds of thousands or even millions of dollars in total damages.
You will also be entitled compensation for damages that are not economic in addition to your economic losses. These are more difficult to quantify but are equally important to your overall recovery. Non-economic losses can include pain and suffering and disfigurement or loss of enjoyment of your life. Your lawyer will assess all your losses to ensure that you receive the compensation you deserve. It can take some time, especially if multiple parties share responsibility for 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. Damages and fault are the two most significant. The importance of fault is that it determines the amount you are able to receive in compensation.
In Texas, you are only entitled to compensation if the driver who caused the accident was at minimum 50% responsible for your accident. Your attorney can use evidence to demonstrate that you were not equally responsible as the other party. This could increase your settlement amount significantly.
The extent of your losses or injuries will also impact the amount you could receive. Injuries sustained in an 18-wheeler crash can be far more serious than injuries sustained in a car accident. This is due to the fact that trucks weigh more than 80,000 pounds. This, when multiplied by the speed of travel creates much more force than a standard passenger vehicle can endure.
Thus the most serious injuries sustained in an accident involving a huge truck can lead to significant or even multi-million dollar settlements. You can recover damages not only for the medical expenses resulting from your injuries, but also the impact of the crash on your quality-of-life. This includes pain and suffering and loss of enjoyment of life and loss of companionship and companionship, among other things. It can be difficult to quantify these non-economic damages However, our lawyers have years of experience providing the best evidence possible of the financial impact of your crash.
18 wheeler accident lawsuit beaverton Takes to Receive a Settlement
If you file a personal injury claim after an accident with an 18-wheeler, it can take longer to settle than car accidents due to the severity of injuries that typically accompany these crashes. Your lawyer will work closely with medical experts to determine your total 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 your settlement.
Your lawyer will prepare the forms for release that you need to sign once the settlement has been reached. After you've completed them the insurance company will review your case and issue a check for the amount agreed upon. This process can take a few weeks to up to a month for a variety of reasons, including clerical error and delays in the mail system.
One of the most important factors in determining how long it takes to receive your settlement is the percentage of fault attributed to each party involved in the crash. In the event that there was more than one person responsible, it could be necessary to negotiate who's responsible for the injuries. Your lawyer will guide you through the negotiation process and assist to reach a fair settlement. If the insurance company doesn't bargain with you, your attorney is prepared to bring a lawsuit to obtain a larger settlement.
How a Lawyer Can Help
There are over 100,000 injury causing accidents with 18 wheelers each year and most of them result in lawsuits and settlements that can be in the millions of dollars. This makes it big business for lawyers who specialize in litigating these cases.
A trucking company has a team made up of lawyers who work round the clock to minimize claims. Victims require a skilled lawyer on their side. A lawyer can assist them collect evidence and deal with insurance companies, and even argue their case in court to ensure that they receive the highest settlement possible.
An experienced lawyer will know whether other individuals are liable for compensation in addition to the trucking firm. It could be the manufacturer of the vehicle in the event that the crash was caused by defective or defective components. This could also include a distributor, retailer or manufacturer if the vehicle has been stolen or sold with no proper maintenance or inspections.
A good attorney will ensure that all damages are properly claimed including future and past medical expenses as well as lost income property damage, emotional trauma and other losses. It is important to file a claim as soon as you can after the accident to ensure that the evidence is fresh and readily available. Also, waiting gives the trucking company and their team of lawyers time to prepare for trial and convince jurors that the victim was at fault.