What Are the Average 18 Wheeler Settlements?
The average settlement for 18-wheelers is among of the most frequently asked questions by those involved in truck accidents.
The amount you will receive as a settlement is contingent on many factors. 18 wheeler accident lawyer hawaii of your injuries, and the amount of damages you have suffered are all aspects to consider.
What to Expect from the Settlement
There are many factors that affect the value of a truck accident settlement. A few of these are the severity and length of your injuries as well as the loss of wages. In addition, your attorney could factor in future medical expenses should you require ongoing medical attention due to your accident. This is typically determined by the testimony of medical doctors or other professionals. Your attorney will also consider the costs of repairing or replacing any property damaged by the accident.
In general the majority of cases, settlements for 18-wheeler crashes are higher than settlements for normal auto accidents. Truck accidents are more likely cause serious injuries than car accidents. It is not uncommon for the victims of truck accidents to be awarded 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 damages. These are not as quantifiable losses but are equally important to your overall recovery. Non-economic losses may include suffering and pain and disfigurement or loss of enjoyment in your life. Your lawyer will assess all your losses in order to ensure that you receive the amount you are entitled to. This could take a while particularly if several parties are involved in the accident. A New York truck accident lawyer can help you settle your claim quickly and fairly.
What is the value of Your Case?
The value of your 18-wheeler accident case is determined by a variety of factors. Damages and fault are the two most important. The issue of fault is that it determines the amount you can receive in compensation.
In Texas in Texas, you are able to be awarded damages if the other party was at least 50 percent responsible for the collision. However, your lawyer can provide evidence to show that the other party was much more at fault than you were. This could increase the amount of your settlement significantly.
The severity of your injuries or losses can affect the amount you can expect to receive. The injuries you sustain in a crash with an 18-wheeler are typically more severe than the ones you suffer in a typical car crash. Trucks can weigh up to 80,000 pounds and the force that they generate is far greater than what a passenger car can handle.
Therefore, the most serious injuries resulting from an accident with a large truck can result in substantial or even multi-million dollar settlements. In addition to the medical costs of treating your injuries, you can also recover damages to compensate for the negative impact the collision has had on your life quality. This can include pain and discomfort, loss of enjoyment in life, and loss companionship. It is often difficult to quantify these damages however, our lawyers have years of experience in making and presenting the strongest evidence possible of the financial impact of your accident.
How is the time it takes to receive an amount of money?
It can take longer for a personal injury claim to be settled following an accident with an 18-wheeler as a result of the extent and frequency of injuries. Your attorney will work with medical experts to determine the total extent of your injuries, which includes the future and present medical expenses as well as lost wages. Damages that are not economic, which can be harder to calculate are also included in your settlement.
Your lawyer will draft the release forms that you have to sign when a settlement has been made. After you've signed them the insurance company will review your case and issue a check for the amount agreed upon. This process can take between a few weeks and at least a month due to a variety of reasons, such as clerical mistakes and delays in the mail system.
The most significant factor in determining the time it takes to receive your settlement is the proportion of blame assigned to each person involved in the crash. In cases where there more than one party at fault, it may be necessary to negotiate who is accountable for the injuries. An experienced attorney can assist you in these negotiations and help you achieve an acceptable settlement. If the insurance company is unwilling to negotiate with you, your attorney will be able to file a lawsuit in order to secure a greater monetary settlement.
How a lawyer can help
There are over 100,000 injuries resultant accidents caused by 18 wheelers every year, and the majority of them result in settlements and lawsuits that can amount to millions of dollars. Lawyers who specialize in these cases make a lot of dollars.
Trucking companies have teams of attorneys working 24/7 to reduce claims, which means that victims need to have a knowledgeable lawyer on their side. A lawyer can assist them gather evidence, negotiate with insurance companies, and even argue their case in court to ensure they get the maximum settlement amount possible.
An experienced attorney will be aware of the need to sue other liable parties for compensation in addition to the trucking company. It could be the car manufacturer or the manufacturer if the accident was due to defective or defective components. This could also include a retailer, distributor or manufacturer if the truck was sold or stolen without proper maintenance or inspections.
A good lawyer will make sure all damages are claimed correctly including future and past medical expenses, lost income, property damage, pain and suffering, emotional trauma, and other damages. It is important to submit a claim as soon as you can after the accident so that evidence is current and available. Waiting gives the trucking firm and their attorneys more time to prepare for trial and convince juror that the victim was responsible.