Watch Out: How 18 Wheeler Accident Attorney Is Taking Over And What Can We Do About It
What Are the Average 18 Wheeler Settlements?
One of the most common questions that those who have been involved in truck accidents have is "What is the average 18 wheeler settlement?"
The amount you receive as settlement is contingent on a variety of factors. The severity of your injuries, and the extent of damages you have suffered are all factors to consider.
What to Expect From A Settlement
There are many factors that can affect the amount of a settlement for a truck accident. One of them is the severity of your injuries, the amount of time it took to heal, and your lost wages. Your attorney may also consider future medical expenses if you are required to continue treatment because of your accident. This is usually determined by the testimony of doctors or other medical professionals. Your lawyer will also consider the cost of repairing or replacing any property damaged by the accident.
Generally speaking, 18 wheeler settlements are significantly higher than standard auto accident settlements. Truck accidents are more likely to cause serious injuries than car accidents. It is not uncommon for the victims of truck accidents to suffer damages of hundreds of thousands or even millions, of dollars.
In addition to your economic losses, you will also be entitled to compensation for non-economic damages. These are not as quantifiable losses but are equally important to your overall recovery. Non-economic losses include suffering and pain disfigurement, loss of a body part, or loss of enjoyment of your life. Your lawyer will strive to determine all of your losses and make sure you receive the proper compensation. This can take some time especially if multiple parties share responsibility for the accident. A New York truck accident lawyer can assist you in settling the claim quickly and fairly.
What is the Value of Your Case?
The value of your 18-wheeler crash case is determined by many factors. Fault and damages are the two most important. Fault is important because it determines the amount you are eligible to receive in compensation.
In Texas the law states that you can only claim damages if the liable party was at least 50 percent responsible for the collision. Your lawyer can use evidence to show that you weren't as at fault as the other party. This could increase the settlement amount significantly.
Another major aspect that affects your potential payout is the severity of your injuries and losses. The injuries sustained in an 18-wheeler crash could be more severe than injuries suffered in a car accident. This is because trucks weigh more than 80,000 pounds, and when multiplied by the speed of travel creates much more force than a passenger vehicle can endure.
The most serious injuries suffered in an accident involving a large truck could lead to settlements of several million dollars or more. You can recover damages not just for medical expenses associated with your injuries, but also for the impact of the crash on your quality-of-life. This includes discomfort and pain, loss of enjoyment in life, and loss of companionship. It can be difficult to quantify these damages however, our lawyers have years of experience in preparing and presenting the best evidence possible of the financial impact of your crash.
How is the time required to receive an amount of money?
When you have 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 accompany such crashes. Your attorney will work closely with medical experts to determine the full extent of your injuries, which include current and future medical expenses and lost wages. Non-economic damages, which can be difficult to quantify are also included in the settlement.
After a settlement has been made your lawyer will draft release forms for you to sign. After you've signed them the insurance company will investigate your case and issue a check for the amount agreed upon. The process could take from a few weeks to at least a month due to many reasons, including clerical error and delays in the mail system.
The amount of fault each party carries in the incident will determine how long it will take to receive your settlement. In the event that more than one party is at fault there is a possibility that the parties will have to negotiate who is responsible for your injuries. Your lawyer will guide you through the negotiation process and help you negotiate a fair settlement. If the insurance company refuses to negotiate with you, your attorney will be prepared to file a lawsuit to receive a larger monetary settlement.
How a lawyer can help
Over 100,000 accidents involving 18-wheelers result in injuries every year. Many of these accidents result in settlements or lawsuits worth millions of dollars. This is why it is a lucrative business for lawyers who specialize in settling these cases.
A trucking firm has a team of lawyers who work around all hours to reduce claims. Victims require a skilled lawyer to represent them. A lawyer can assist victims find evidence to support their case, negotiate with insurance companies and even appear in court to get the most money for their claim.
18 wheeler accident law firm alabama will know if any other parties are liable for compensation, in addition to the trucking firm. This could include a car manufacturer when the accident was caused by defective or damaged components. This could also include a distributor, retailer or manufacturer if the truck was sold or stolen with no proper maintenance or inspections.
A good lawyer will ensure that the damages are accurately claimed for past and future medical expenses, lost income damages to property, emotional trauma and suffering and pain. It is crucial to start a claim as fast as possible after 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 trial and convince jury that the victim was at fault.