What Are the Average 18 Wheeler Settlements?
The average settlement for 18-wheelers is among of the most frequently asked questions by those involved in truck accidents.
The amount you will receive as a settlement is contingent upon many factors. The severity of your injuries and the amount of damage 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 crash settlement. Some of these include the severity of your injuries, the length of time it took to recover, and lost wages. Your lawyer might include future medical costs if you require ongoing treatment due to your accident. This is usually based on the testimony of doctors or other medical experts. Additionally, your lawyer will also look at the cost of repairing or replace any property that was damaged during the crash.
In general the majority of cases, settlements for 18-wheeler crashes are much higher than those for auto accidents of a normal nature. Truck accidents are more likely to cause severe injuries than car accidents. It is not uncommon for victims of truck accidents to receive damages that range from hundreds of thousands or even millions, of dollars.
In addition to your economic losses, you will also be eligible for compensation for non-economic damages. These are less measurable losses but are equally important to your overall recovery. For instance your non-economic losses could include your pain and suffering and loss of enjoyment life, or disfigurement. Your lawyer will assess all your losses to ensure that you receive the compensation you deserve. This may take a long time particularly if several parties share responsibility for the crash. However, a skilled New York truck accident attorney can help you settle your claim quickly and in a fair manner.
What is the Value of Your Case?
A variety of factors can affect the value of your 18 wheeler accident case. Two of them are the fault and damages. The issue of fault is significant, since it determines the amount of compensation you are entitled to.
In Texas in Texas, you are able to recover damages if the other party was at least 50 percent responsible for the collision. However, your attorney may provide evidence to show that the other party was much more responsible than you were. This could increase the settlement amount substantially.
Another major factor that influences your potential settlement is the severity of your losses and injuries. The injuries you experience in the event of a collision with an 18-wheeler can be more severe than the ones you suffer in a typical car accident. This is because trucks weigh more than 80,000 pounds, which multiplied by the speed of travel creates much more force than a passenger vehicle is able to withstand.
Therefore, the most serious injuries in an accident involving a huge truck can result in substantial or even multi-million dollar settlements. In addition to the medical costs of treating your injuries, it is possible to also claim damages for the impact the crash has affected your quality of life. This includes suffering and pain as well as loss of enjoyment life and loss of companionship as well as other aspects. It can be difficult to quantify these non-economic damages however our attorneys have extensive experience in preparing and presenting the best evidence possible of the financial impact of your accident.
The time it takes to Receive the Settlement
It can take longer for a personal injury case to be settled following an accident that involved an 18-wheeler due to the degree and frequency of injuries. Your lawyer will collaborate with medical professionals to determine the extent of your injuries, including your current and future medical costs and lost wages. Your settlement will also contain economic damages that are difficult to calculate.
Your lawyer will create the forms for release that you need to sign when the settlement has been reached. After you've completed them, the insurance company will review your case and issue an amount you agreed to. The process could take from up to one month or more due to a variety of reasons, including clerical errors and delays in the mail system.
The percentage of fault each party carries in the accident will determine how long it will take to receive your settlement. In the event that more than one person was at fault it is possible for the parties to negotiate about the responsibility for your injuries. Your lawyer can assist you in these negotiations and assist you to achieve an acceptable settlement. If the insurance company refuses to negotiate with you, then your lawyer will bring a lawsuit to obtain an increase in settlement.
How a Lawyer Can Help
Over 100,000 accidents involving 18-wheelers result in injuries every year. Many of these accidents lead to settlements or lawsuits that amount to millions of dollars. This makes it big business for lawyers who specialize in settling these cases.
A trucking company has a team comprised of lawyers who work round the clock to minimize claims. Victims require a skilled lawyer on their side. 18 wheeler accident attorney utah can help victims collect evidence, negotiate their case with insurance companies and even present their case in court to obtain the maximum settlement.
A lawyer with experience will know if any other parties are accountable for compensation in addition to the trucking firm. It could be the vehicle manufacturer or the manufacturer if the accident was caused by defective or defective components. This could also include a distributor, retailer or manufacturer if the vehicle was stolen or sold with no proper inspections or maintenance.
A reputable attorney will ensure that the damages are accurately claimed for past and future medical costs, lost incomes, property damage, emotional trauma, and pain and suffering. It is crucial to submit a claim as soon as possible after the accident so that evidence is current and available. It gives the trucking company and their legal team more time to prepare for the trial and convince a juror that the victim was responsible.