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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 receive as a settlement will depend on several factors. The degree of your injuries and the amount of damages you have suffered are all aspects to be considered.
What to Expect From the Settlement
A variety of factors can impact the value of a settlement in an accident involving a truck. A few of them are the severity of your injuries, the length of time it took to recover, and your loss of earnings. Furthermore, your attorney might take into account future medical costs when you need regular treatment following your accident. This is usually based on the testimony of medical doctors or other professionals. Additionally, your lawyer will also look at the cost to repair or replace any property damaged during the crash.
In general the majority of cases, settlements for 18-wheeler crashes are higher than settlements for normal auto accidents. This is due to the fact that truck accidents are more likely to result in more severe injuries than regular car accidents. It is not uncommon for victims to receive hundreds of thousands or even millions of dollars in total damages.
You may also be entitled to compensation for non-economic damages in addition to your economic losses. These are less quantifiable losses however, they are equally crucial to your recovery. Non-economic losses include suffering and pain disfigurement, loss of a body part, or the loss of enjoyment from your life. Your lawyer will calculate all your losses to ensure you receive the compensation you deserve. This can take time particularly when multiple parties are at fault for the incident. A New York truck accident lawyer can assist you in settling the claim quickly and in a fair manner.
The Case Worth Its Weight
The value of your 18-wheeler accident case is determined by many factors. Two of them are the fault and damages. The importance of fault is that it determines the amount of compensation you're entitled to.
In Texas in Texas, you are able to be awarded damages if the other party was at least 50 percent responsible for the accident. Your attorney may use evidence, however, to prove that you weren't in the same way as the other party. This could significantly increase the amount of your settlement.
Another aspect that determines your potential amount of compensation is the severity of your losses and injuries. Injuries sustained during a collision with an 18-wheeler can be far more severe than the injuries sustained in a car crash. This is because trucks weigh more than 80,000 pounds, and when multiplied by the speed of travel results in far more force than a typical passenger vehicle can withstand.
The most serious injuries that occur in an accident involving a massive truck may result in settlements that amount to millions of dollars or more. In addition to the medical costs of treating your injuries, you can also seek compensation to compensate for the negative impact the collision has affected your quality of life. This includes suffering and pain as well as the loss of enjoyment from life, and loss of companionship and companionship, among other things. These non-economic damages are typically difficult to quantify, but our lawyers can help prepare and present the best evidence of the financial impact.
The time it takes to Receive the Settlement
When you submit a personal injury claim after an accident with an 18-wheeler vehicle, it can take longer to settle than car accidents due to the seriousness of injuries that usually occur in these accidents. Your lawyer will work with medical professionals to determine your total injuries, which include current and future medical expenses as well as lost wages. Non-economic damages, which can be difficult to calculate, will also be included in your settlement.
Once a settlement is reached your lawyer will then prepare release forms for you to sign. After you have completed them, the insurance company will process your case and issue an amount you agreed to. The process could take from between a few weeks and at least a month due to various reasons, including clerical errors and delays in the mail system.
One of the most important factors in determining how long it takes to get your settlement is the percentage of fault that is assigned to each party involved in the crash. In cases where more than one person was at fault it is possible for the parties to discuss the responsibility for your injuries. Your lawyer will guide you through the negotiation process and assist you reach an equitable settlement. If the insurance company isn't willing to negotiate with you, then your attorney is prepared to bring a lawsuit to obtain an increased settlement.
How can a lawyer assist
There are over 100,000 injuries causing accidents with 18 wheelers each year and most of them result in settlements and lawsuits which can reach into the millions of dollars. This makes it big business for lawyers who specialize in litigating these cases.
Trucking companies have teams of lawyers working 24/7 to reduce claims, so victims must have an experienced lawyer by their side. A lawyer can help them gather evidence, negotiate with insurance companies, and even argue their case in court to ensure that they receive the highest settlement amount possible.
A lawyer with experience will know if any other parties are responsible for compensation, in addition to the trucking company. This could include a car manufacturer when the accident was caused by defective or defective components.
18 wheeler accident lawsuit norfolk could also include a distributor, retailer or manufacturer if the vehicle was sold or stolen without proper maintenance or inspections.

A good lawyer will ensure that the damages are accurately claimed that includes future and past medical expenses, lost income damages to property, emotional trauma and suffering and pain. It is important to start a claim as fast as you can following the accident so that evidence is current and available. The delay gives the trucking company and their team of attorneys more time to prepare for the trial and convince a jury that the victim was at fault.