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 is contingent upon several factors. The severity of your injuries and the extent of damages 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 for an accident with a truck. Some of these include the severity of your injuries, the amount of time it took to heal, as well as your loss of earnings. Your lawyer may include future medical expenses in the event that you need to continue treatment due to your accident. This is typically based upon medical experts' testimony or other health care professionals. Additionally, your lawyer will also look at the cost to repair or replace any property that was damaged during the crash.
Generally speaking the settlements of 18 wheelers are considerably higher than standard auto accident settlements. This is due to the fact that truck accidents often cause more serious injuries than regular car accidents. It is also not unusual that victims receive hundreds of thousands or millions of dollars in total damages.
In addition to the economic losses, you'll also be entitled to compensation for non-economic losses. These are losses that aren't quantifiable but are equally important to your overall recovery. Non-economic losses may include pain and suffering or disfigurement, as well as the loss of enjoyment from your life. Your lawyer will assess all your losses to ensure that you get the compensation you deserve. It can take some time especially if multiple parties are involved in the crash. A New York truck accident lawyer can assist you in settling the claim quickly and fairly.
What is the significance of Your Case?
The value of your 18-wheeler crash case is determined by many factors. Two of them are fault and damages. Fault is important because it determines the amount you can receive in compensation.
In Texas in Texas, you are able to get compensation if the other party was at least 50 percent responsible for your collision. Your attorney can use evidence to prove that you weren't as culpable as the other party. This could increase your settlement amount significantly.
The severity of your injuries or losses will also affect the amount you can expect to receive. The injuries sustained in collisions with 18-wheelers could be more severe than the injuries sustained in a car accident. Trucks can weigh upwards of 80,000 pounds and the force that they generate is far greater than what the average car driver can handle.
The most serious injuries incurred in an accident that involves a large truck can result in settlements of millions of dollars or more. You can recover damages not only for the medical expenses resulting from your injuries, but also for the impact of the crash on your life quality. This includes pain and discomfort and loss of enjoyment life, and loss of companionship. These damages are usually difficult to quantify, however our attorneys can help you create and present the most convincing evidence of the financial impact.
The Time It Takes to Receive an Settlement
It may take longer for a personal injury claim be settled after an accident caused by an 18-wheeler, due to the extent and the frequency of injuries. Your attorney will work with medical experts to determine the complete extent of your injuries, which includes both future and current medical expenses and loss of wages. Non-economic damages, which can be difficult to quantify, will also be included in your settlement.
Your lawyer will draft the forms for release that you need to sign once an agreement has been reached. Once you have completed them the insurance company will review your case and issue an amount agreed upon. This process can take between a few weeks and up to a month for a variety of reasons, including clerical error and delays in the mail system.
The percentage of fault each party is responsible for in the accident will determine how long it will take to get your settlement. If there more than one party at fault, it may be necessary to negotiate who's responsible for the injuries. Your experienced attorney can guide you through these negotiations and help you achieve an equitable settlement. If the insurance company doesn't bargain with you, your lawyer is ready to pursue a lawsuit for a larger settlement.
How can 18 wheeler accident lawyer palmdale ?
There are over 100,000 injuries causing accidents with 18 wheelers each year and most of them result in settlements and lawsuits that can exceed millions of dollars. This makes it big business for lawyers who specialize in litigating these cases.
Trucking companies have whole teams of lawyers working every day and night to reduce claims, which means that victims need to have a knowledgeable lawyer on their side. A lawyer can help collect evidence, negotiate with insurance companies, and even argue their case in court to ensure that they get the maximum settlement amount possible.
An experienced lawyer can determine if other individuals are liable for compensation in addition to the trucking company. It could be the vehicle manufacturer, if the crash was due to defective or faulty components. This could also include a retailer, distributor or manufacturer if the truck has been stolen or sold without proper maintenance or inspections.
An experienced attorney will ensure that the claim is made in a timely manner for past and future medical expenses, lost income damages to property, emotional trauma and suffering and pain. It is essential to submit your claim as soon after the accident as you can so that all evidence remains fresh. Also, waiting gives the trucking company and their team of lawyers more time to prepare for trial and convince jurors that the victim was at fault.