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What Are the Average 18 Wheeler Settlements? One of the most commonly asked questions that people who have been involved in truck accidents is “What are the typical 18-wheeler settlements?” The amount you get in settlement will depend on a variety of factors. The extent of your injuries and the amount of damages you've suffered are all aspects to consider. What to Expect from a Settlement There are a myriad of factors that affect the value of a truck accident settlement. Some of these include the severity of your injuries, the length of time required to recover, and your loss of earnings. Your lawyer may also factor in future medical expenses in the event that you require ongoing treatment because of your accident. This is typically dependent on the testimony of doctors or other medical experts. Your attorney will also consider the cost of replacing or repairing any property damaged in the accident. In general the case of 18-wheeler accidents, settlements are significantly higher than those for auto accidents of a normal nature. This is due to the fact that truck accidents tend to cause more serious injuries than normal car crashes. It is not uncommon for the victims of truck accidents to incur damages in the hundreds of thousands or even millions, of dollars. In addition to the economic losses, you'll also be legally entitled to compensation for non-economic damages. These aren't as quantifiable, but they are equally important to your recovery. Non-economic losses may include suffering and pain disfigurement, loss of a body part, or loss of enjoyment of your life. Your lawyer will determine all your losses to make sure you receive the amount you are entitled to. This could take a while, especially if multiple parties are involved in the accident. However, a knowledgeable New York truck accident attorney can assist you in settling your claim quickly and in a fair manner. The Benefits of Your Case The value of your 18-wheeler accident case is determined by a variety of factors. Two primary ones are fault and damages. It is crucial to be able to identify fault, as it determines the amount of compensation you are entitled to. In Texas, you can only claim damages if the liable party was at least 50 percent accountable for the collision. However, your attorney can provide evidence to show that the other party was much more responsible than you were. This could increase the amount you receive from your settlement substantially. The other main factor that influences your potential payout is the severity of your losses and injuries. The injuries you experience in an accident involving an 18-wheeler can be more severe than those suffered in a car crash. This is because trucks weigh more than 80k pounds, which when multiplied by the speed of travel creates much more force than a typical passenger vehicle is able to withstand. So the most serious injuries that occur in an accident involving a massive truck could result in significant or even multi-million dollar settlements. You can recover damages not only for the medical expenses resulting from your injuries but also for the impact of the collision on your quality of life. This can include pain and discomfort, loss of enjoyment in life, and loss companionship. It can be difficult to quantify these damages However, our lawyers have years of experience in preparing and presenting the best evidence of the actual financial impact of your crash. The time it takes to Receive a Settlement It could take longer for a personal injury claim be settled following an accident caused by an 18-wheeler, due to the extent and the frequency of injuries. Your attorney will work closely with medical professionals to determine the extent of your injuries, which include current and future medical expenses and lost wages. Your settlement will also contain non-economic damages that can be difficult to quantify. Your lawyer will create the release forms that you have to sign when a settlement has been reached. When you sign them the insurance company processes your case and issues an amount agreed upon. This process may take several weeks or even a month depending on the situation. The amount of fault each party carries in the incident will determine the time it will take to receive your settlement. In cases where there more than one party at fault, it may be necessary to negotiate who's responsible for the injuries. Your lawyer can guide you through these negotiations and assist you to find an acceptable settlement. If the insurance company refuses to negotiate with you, your attorney will be ready to file a lawsuit to receive a larger monetary settlement. How a lawyer can help More than 100,000 accidents that involve 18-wheelers cause injuries every year. 18 wheeler accident claim pasadena of these accidents result in settlements or lawsuits worth millions of dollars. This is a big business for lawyers who specialize in litigating these cases. A trucking company has a team of lawyers who work around all hours to limit claims. Victims need an experienced lawyer on their side. A lawyer can help gather evidence and discuss with insurance companies and even argue their case in court to ensure they receive the highest settlement possible. A lawyer with experience will know if any other parties are liable for compensation in addition to the trucking firm. This could include a vehicle manufacturer if the crash was caused by defective or faulty components. It could also include distributors or retailers if the truck was stolen or sold without proper inspections and maintenance. A good attorney will ensure that the damages are accurately claimed in relation to past and future medical costs, lost incomes physical damage, emotional trauma and suffering and pain. It is important to start a claim as fast as you can after the accident so that evidence is fresh and available. 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.