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What Are the Average 18 Wheeler Settlements? One of the most frequently asked questions that people who have been involved in truck accidents have is “What are the average 18-wheeler settlements?” The amount you receive in settlement is contingent on a variety of factors. The severity of your injuries and the extent of damages you've suffered are just a few aspects to consider. What to Expect from the Settlement Many factors can affect the value of a settlement for an accident with a truck. These include the severity of your injuries, the length of time it took to heal, and your loss of earnings. In addition, your lawyer may take into account future medical costs if you will require regular treatment following your accident. This is usually based on the testimony of doctors or other health care professionals. In addition, your attorney will also consider the cost of repairing or replace any property damaged in the crash. In general the majority of cases, settlements for 18-wheeler crashes are significantly higher than those for standard auto accidents. This is due to the fact that truck accidents typically cause more serious injuries than standard car crashes. It is not uncommon for victims of truck accidents to suffer damages of 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 losses. These are not as quantifiable losses but are equally important to your overall recovery. Non-economic losses can include suffering and pain and disfigurement or the loss of enjoyment from your life. Your lawyer will work diligently to determine all of your losses, and make sure that you are compensated appropriately. This may take a long time particularly if several parties share responsibility for the accident. A New York truck accident lawyer can assist you in settling your claim quickly and fairly. What is the value of Your Case? The value of your 18-wheeler accident case is affected by several factors. Two primary ones are fault and damages. Fault is important, because it determines the amount of compensation you are entitled to. In Texas In Texas, you're able to be awarded damages if the other party was at least 50% responsible for the accident. However, your attorney can utilize evidence to prove the other party was more responsible than you were. This could substantially increase the amount of your settlement. Another major aspect that determines your potential payout is the severity of your losses and injuries. The injuries you suffer in an accident involving an 18-wheeler are often far more severe than those suffered in a normal car crash. This is due to the fact that trucks weigh more than 80k pounds, which when multiplied by the speed of travel generates far more force than a typical passenger vehicle can withstand. So, the most serious injuries that occur in an accident involving a large truck can result in substantial or even multi-million-dollar settlements. You could be awarded damages not only for the medical costs associated with your injuries, but also for the impact of the crash on your life quality. This includes pain and suffering as well as loss of enjoyment life, and loss of companionship, among other things. These non-economic damages can be difficult to quantify, however our lawyers can help you prepare and present the best evidence possible of the true financial impact. The Time It Takes to Receive the Settlement When you have a personal injury claim following an accident involving an 18-wheeler, it may take longer to settle than car accidents due to the severity of injuries that typically accompany such crashes. Your lawyer will work with medical experts to determine the full extent of your injuries, which includes the future and present medical expenses as well as loss of wages. Damages that are not economic, which can be harder to calculate are also included in the settlement. 18 wheeler accident attorney hemet will draft the forms for release that you need to sign when a settlement has been reached. After you sign them, the insurance company will process your case and issue the check in the amount you agreed to. The process can take anywhere from a few weeks to at least a month due to a variety of reasons, such as clerical errors and delays in the mail system. The most significant factor in determining the time it takes to get your settlement is the percentage of fault that is assigned to each party involved in the crash. In the event that there was more than one person responsible, it could be necessary to negotiate who is responsible for the injuries. Your attorney will guide you through the negotiation process and assist to reach a fair settlement. If the insurance company refuses 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 over 100,000 injury resultant accidents caused by 18 wheelers every year, and most of them result in lawsuits and settlements that can amount to millions of dollars. This is a huge business for lawyers who specialize in litigating these cases. A trucking firm has a team of attorneys who work round all hours to limit claims. Victims need an experienced lawyer on their side. A lawyer can help gather evidence and deal with insurance companies, and even argue their case in court to ensure they get the maximum settlement amount possible. A lawyer with experience will know if any other individuals are liable for compensation, in addition to the trucking company. It could be the vehicle manufacturer and the driver if the crash occurred due to defective or defective components. This could also include a retailer, distributor or manufacturer if the vehicle has been stolen or sold without proper maintenance or inspections. A reputable attorney will ensure that the damages are accurately claimed for past and future medical costs, lost incomes and property damage, as well as emotional trauma and pain and suffering. It is essential to submit a claim as soon as you can after the accident to ensure that evidence is fresh and available. Additionally, waiting allows the trucking company and their team of lawyers time to prepare for trial and convince a jury that the victim is responsible.