Marquita Chitwood asked 4 months ago
What Are the Average 18 Wheeler Settlements?
The average settlement for 18-wheelers is one of the most frequently-asked concerns by those involved in truck accidents.
The amount you will receive in settlement depends on a number of factors. This includes the degree of your injuries and the amount of your damages.
What to Expect From a Settlement
There are many factors that can affect the value of a settlement in the aftermath of a truck crash. A few of them are the severity of your injuries, the length of time it took to recover, and lost wages. Your attorney may include future medical costs if you are required to continue treatment because of your accident. This is usually determined by the testimony of doctors or other medical experts. Your attorney will also consider the cost of repairing or replacing any property damaged by the accident.
In general the settlements for 18-wheeler collisions 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 be awarded hundreds of thousands or millions of dollars in damages total.
In addition to the economic losses, you will also be eligible for compensation for non-economic damages. These are more difficult to quantify but are equally important to your overall recovery. For instance the non-economic costs could include your suffering and pain and loss of enjoyment life, or disfigurement. Your lawyer will determine all your losses in order to ensure that you get the compensation you deserve. This may take a long time especially if multiple parties share responsibility for the accident. However, a knowledgeable New York truck accident attorney can assist you in settling your claim quickly and fairly.
What is the significance of Your Case?
Many factors affect the value of your westwego 18 wheeler accident lawsuit wheeler accident case. Two primary ones are the fault and damages. The issue of fault is significant, since it determines the amount of compensation you’re entitled to.
In Texas the law states that you can only recover damages if the other party was at least 50% responsible for your collision. Your lawyer can use evidence to prove that you were not equally responsible as the other party. This could increase the amount of your settlement significantly.
Another aspect that determines your potential settlement is the severity of your injuries and losses. Injuries that result from collisions with 18-wheelers can be far more severe than those sustained in a car accident. This is due to the fact that trucks weigh more than 80k pounds, which when multiplied by the speed of travel produces much more force than what a passenger vehicle can withstand.
The most serious injuries sustained in an accident involving a huge truck can result in settlements of several million dollars or more. You may be able to recover damages not only for firm the medical expenses associated with your injuries, but also the impact of the collision on your quality-of-life. This includes discomfort and pain and loss of enjoyment in life, and loss companionship. These non-economic damages are often difficult to quantify, but our lawyers can help you create and present the best evidence possible of the true financial impact.
The time it takes to Receive a Settlement
When you submit a personal injury claim following an accident with an 18-wheeler, it can take longer to settle than car accidents because of the nature of the injuries that commonly accompany such crashes. Your attorney will work with medical experts to determine the full extent of your injuries, which includes future and ongoing medical expenses as well as lost wages. Your settlement will also include non-economic damages that can be difficult to calculate.
Your lawyer will prepare the release forms that you have to sign once a settlement has been made. After you have signed them, the insurance company processes your case and issues the check in the amount you agreed to. The process can take anywhere from a few weeks to up to a month for a variety of reasons, such as clerical mistakes and firm delays in the mail system.
The percentage of fault that each party carries in the incident will determine the time it will take to get your settlement. In cases where there was more than one person at fault, it may be necessary to determine who is accountable for the injuries. Your knowledgeable attorney can guide you through these negotiations and help you find an acceptable settlement. If the insurance company is unwilling to negotiate with you, your attorney will be able to file a lawsuit in order to receive a larger monetary settlement.
How can a lawyer help?
There are more than 100,000 injuries resultant accidents caused by 18 wheelers each year and many of them lead to settlements and lawsuits which can exceed millions of dollars. This is a huge business for lawyers who specialize in litigating these cases.
A trucking firm has a team of lawyers who work around all hours to limit claims. Victims require a skilled lawyer on their side. A lawyer can help gather evidence and discuss with insurance companies and even argue their case in court to ensure that they get the most settlement possible.
An experienced lawyer will know whether other parties are liable for compensation, in addition to the trucking firm. It could be the vehicle manufacturer and the driver if the crash occurred caused by defective or defective components. This could also include a retailer, distributor or manufacturer if the truck was sold or stolen without proper inspections or maintenance.
A good attorney will make sure all damages are claimed correctly including future and past medical expenses loss of income, property damage, emotional trauma, and other losses. It is important to start a claim as fast as possible after the accident to ensure that evidence is fresh and readily available. Waiting gives the trucking firm and their attorneys more time to prepare for trial and convince jury that the victim was responsible.