What Are the Average 18 Wheeler Settlements?
The average settlement for 18-wheelers is among of the most frequently asked concerns by those involved in truck accidents.
The amount you get as a settlement will depend on several factors. This includes the degree of your injuries and the extent of your damages.
What to Expect from a Settlement
There are many factors that can affect the value of a settlement from an accident with a truck. A few of them are the severity of your injuries, the amount of time it took to recover, and your loss of earnings. Your lawyer might take into account future medical expenses in the event that you have to continue your treatment as a result of your accident. This is usually based on expert testimony from doctors or other health care professionals. Your attorney will also consider the costs of repairing or replacing any property damaged by the accident.
In general the settlements for 18-wheeler collisions are significantly higher than those for normal auto accidents. This is due to the fact that truck accidents tend to result in more severe injuries than typical car crashes. It is also not uncommon for victims to be awarded hundreds of thousands or millions of dollars in total damages.
In addition to your economic losses, you will also be eligible for compensation for non-economic damages. These are not as quantifiable, but they are just as important to your recovery. Non-economic losses can include suffering and pain and disfigurement or loss of enjoyment of your life. Your lawyer will strive to calculate all your losses and make sure you are properly compensated. This may take some time, especially when multiple parties are responsible for the accident. A New York truck accident lawyer can assist you in settling the claim quickly and fairly.
The Benefits of Your Case
The value of your 18-wheeler accident case is determined by many factors. Fault and damages are the two most important. Fault is important, because 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 accountable for the accident. However, your lawyer can provide evidence to show that the other party was much more at fault than you were. This could increase the settlement amount significantly.
The extent of your injuries or losses will also influence your potential payout. The injuries sustained in an accident with an 18-wheeler can be much more severe than the injuries sustained in a car accident. Trucks can weigh as much as 80,000 pounds and the force that they generate is far more than what an average car can manage.
Therefore the most serious injuries resulting from an accident involving a huge truck can result in substantial or even multi-million-dollar settlements. In addition to the medical expenses of treating your injuries, you can also recover damages for the effects the crash has had on your life quality. This includes suffering and pain, loss of enjoyment of life and loss of companionship and companionship, among other things. These non-economic damages can be difficult to quantify, but our lawyers can assist you to create and present the most convincing evidence possible of the true financial impact.
The time it takes to Receive a Settlement
It can take a longer time for a personal injury claim be settled after an accident that involved an 18-wheeler due to the severity and the frequency of injuries. Your lawyer will collaborate with medical experts to determine your total damages, including both current and future medical costs as well as lost wages. Non-economic damages, which may be more difficult to calculate are also included in the settlement.
Once a settlement is reached, your lawyer will prepare release forms for you to sign. After you have signed them, the insurance company will take care of your case and issue a check for the amount agreed upon. The process could take from several weeks to a month or more for various reasons, including clerical error and delays in the mail system.
One of the most important factors in determining the time it takes to get your settlement is the percentage of fault attributed to each person involved in the crash. In the event that there was more than one person responsible, it could be necessary to determine who is accountable for the injuries. Your experienced attorney will be able to guide you through the process and help you reach an acceptable settlement. If the insurance company refuses to negotiate with you, your attorney will be prepared to file a lawsuit in order to secure a greater monetary settlement.
What Lawyers Can Do to Help
There are more than 100,000 injuries accident-related accidents that occur with 18 wheelers every year, and many of them lead to settlements and lawsuits that can exceed millions of dollars. This makes it big business for lawyers who specialize in litigating these cases.
A trucking company has a team of attorneys who work round all hours to limit claims. Victims require an experienced lawyer to represent them. A lawyer can assist them collect evidence, deal with insurance companies, and even argue their case in court to ensure that they receive the highest settlement amount possible.
An experienced lawyer will be aware of the need to pursue other responsible parties for compensation in addition to the trucking company. It could be the car manufacturer, if the crash was due to defective or faulty components. It could also be a retailer or distributor if the truck was stolen or sold without proper inspections and maintenance.
A reputable attorney will ensure that all damages are claimed accurately for past and future medical costs, lost incomes and property damage, as well as emotional trauma, and pain and suffering. 18 wheeler accident attorney asheville is important to make a claim as quickly as you can following the accident so that evidence is current and available. Waiting gives the trucking firm and their team of attorneys more time to prepare for an appeal and convince a jury that the victim was responsible.