What Are the Average 18 Wheeler Settlements?
The average settlement for 18-wheelers is one of the most frequently-asked questions by people involved in truck accidents.
The amount you get as a settlement is contingent on various factors. The extent of your injuries and the amount of damage you have suffered are all aspects to consider.
What to Expect From the Settlement
A variety of factors can impact the value of a settlement in an accident involving a truck. Some of these include the severity of your injuries, the amount of time it took to recover, and your loss of earnings. Your lawyer might also factor in future medical expenses in the event that you need to continue treatment because of your accident. This is usually based on the testimony of doctors or other health care experts. Your attorney will also consider the cost of replacing or repairing any property damaged by the accident.
In general the settlements for 18 wheeler Accident Attorney-wheeler collisions are much higher than those for regular auto accidents. Truck accidents are more likely to cause serious injuries than car accidents. It is also not uncommon for victims to be awarded hundreds of thousands or millions of dollars in damages total.
You also have the right to compensation for non-economic losses in addition to your economic losses. These are less measurable losses but are equally important to your overall recovery. Non-economic losses could include pain and suffering disfigurement, loss of a body part, or loss of enjoyment in your life. Your lawyer will determine all your losses to ensure you receive the compensation you deserve. This may take time, especially when multiple parties are responsible for the accident. A New York truck accident lawyer can assist you in settling the case quickly and fairly.
What is the value of Your Case?
Many factors affect the value of your fort lauderdale 18 wheeler accident law firm-wheeler accident case. Damages and fault are the two most important. It is crucial to be able to identify fault, as it determines the amount of compensation you are entitled to.
In Texas the law states that you can only be awarded damages if the other party was at least 50 percent responsible for the collision. However, your attorney can utilize evidence to prove the other party was more responsible than you were. This could greatly increase the amount of your settlement.
The severity of your losses or injuries will also influence your potential payout. The injuries you sustain in an accident with an 18-wheeler tend to be more severe than those suffered in a car crash. Trucks can weigh up to 80k pounds and the force they exert is far more than what an average car can manage.
Thus, the most serious injuries that occur in an accident with a large truck can lead to significant or even multi-million-dollar settlements. In addition to the medical expenses of treating your injuries, you could also seek compensation for the effect the accident has had on your life quality. This can include pain and discomfort as well as loss of enjoyment from life, and loss of companionship. These non-economic damages can be difficult to quantify, however our attorneys can help you create and present the best evidence of the financial impact.
The time it takes to Receive the Settlement
It can take longer for 18 Wheeler accident Attorney a personal injury claim be settled following an accident with an 18-wheeler as a result of the degree and frequency of injuries. Your lawyer will collaborate with medical experts to determine the complete extent of your injuries, which includes both current and future medical expenses and lost wages. Non-economic damages, which may be more difficult to calculate are also included in your settlement.
After a settlement has been made your lawyer will then prepare release forms for you to sign. When you sign them the insurance company will process the case and sends you an agreement-based check. The process could take several weeks or even a whole month depending on the circumstances.
The most significant factor in determining how long it takes to receive your settlement is the percentage of fault assigned to each person involved in the crash. If more than one party was responsible and the parties could have to negotiate about who is accountable for your injuries. Your experienced attorney can guide you through the process and help you negotiate an equitable settlement. If the insurance company won't agree to negotiate with you, your lawyer is ready to pursue a lawsuit for a larger settlement.
How can a lawyer help?
There are over 100,000 injury caused accidents involving 18 wheelers every year, and the majority of them result in settlements and lawsuits that can reach into the millions of dollars. Lawyers who specialize in these cases earn a lot of income.
A trucking company has a team of lawyers who work round all hours to limit claims. Victims need an experienced lawyer by their side. A lawyer can assist victims gather evidence, negotiate their case with insurance companies and even argue in court to secure the highest amount of compensation.
An experienced attorney will be aware of the need to bring other parties liable for compensation in addition to the trucking company. It could be the car manufacturer in the event that the crash was caused by defective or defective components. This could also include a distributor, retailer or manufacturer if the truck was stolen or sold without proper maintenance or inspections.
A good attorney will ensure that the damages are accurately claimed that includes future and past medical costs, lost incomes and property damage, as well as emotional trauma, and suffering and pain. It is crucial to file your claim as soon after the accident as you can so that all evidence is fresh. Additionally, waiting allows the trucking company and their team of lawyers more time to prepare for trial and convince a jury that the victim was at fault.