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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 settlement?” The amount that you receive as a settlement is contingent upon many factors. This includes the severity of your injuries and the extent of your damages. What to Expect From the Settlement There are many factors that can impact the value of a truck accident settlement. These include the severity of your injuries, the amount of time it took to recover, and your loss of earnings. Your lawyer may take into account future medical expenses in the event that you require ongoing treatment due to your accident. This is usually based on medical experts' testimony or other health professionals. Additionally, your lawyer will also look at the cost of repairing or replace any property that was damaged by the crash. In general 18 wheeler settlements are generally considerably higher than standard auto settlements for accidents. This is due to the fact that truck accidents tend to result in more severe injuries than regular car accidents. It is not unusual for victims of truck accidents to be awarded damages of hundreds of thousands or even millions of dollars. You also have the right to compensation for non-economic losses in addition to your economic losses. These are less quantifiable losses however, they are equally crucial to your recovery. For example your non-economic losses could include your suffering and pain or loss of enjoyment in life, or disfigurement. Your lawyer will estimate all your losses in order to ensure that you receive the amount you are entitled to. This can take time, especially when multiple parties are accountable for the accident. A New York truck accident lawyer can assist you in settling the claim quickly and fairly. The Benefits of Your Case There are many factors that affect the value of your 18 wheeler accident case. 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 the state of Texas, you're entitled to compensation if the driver who caused the accident was at minimum 50% responsible for your accident. Your attorney may use evidence, however, to prove that you weren't as culpable as the other party. This could greatly increase the amount of your settlement. The severity of your losses or injuries can affect your potential payout. The injuries sustained in a collision with an 18-wheeler can be far more serious than injuries sustained in a car crash. Trucks can weigh up to an 80,000-pound weight and the force they generate is far greater than what a passenger car can handle. The most serious injuries suffered in an accident that involves a large truck could result in settlements of millions of dollars or more. In addition to the medical costs of treating your injuries, it is possible to also recover damages for the effects the crash has affected your quality of life. This includes suffering and loss of enjoyment of life and companionship loss among other things. It is often difficult to quantify these damages that are not economic However, our lawyers have years of experience creating and presenting the most convincing evidence possible of the financial impact of your crash. How is the time required to receive an amount of money? It could take longer for a personal injury case to be settled following an accident with an 18-wheeler as a result of the degree and the frequency of injuries. Your lawyer will collaborate with medical professionals to determine your total injuries, including current and future medical expenses and lost wages. Your settlement will also contain non-economic damages that are difficult to calculate. Your lawyer will draft the release forms you'll need to sign once the settlement has been reached. Once you sign them, the insurance company takes care of your case and issue a check for agreed amount. The process could take several weeks or even a month depending on the situation. The amount of blame each party carries in the incident will determine the time it will take to receive your settlement. If there more than one party at fault, it may be necessary to negotiate who is accountable for the injuries. Your attorney will guide you through the negotiation process and help to reach a fair settlement. If the insurance company is unwilling to negotiate with you, your attorney will be ready to file a lawsuit to secure a greater monetary settlement. What can a lawyer do to help More than 100,000 accidents involving 18-wheelers result in injuries each year. Many of these accidents result in settlements or lawsuits that amount to millions of dollars. Lawyers who specialize in these cases earn an enormous amount of dollars. A trucking company has a team comprised of attorneys who work round all hours to reduce claims. Victims require a skilled lawyer on 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 possible. 18 wheeler accident attorney chino will know whether other parties are liable for compensation, in addition to the trucking company. This could include a vehicle manufacturer if the crash was caused by defective or ineffective parts. It could also be the retailer or distributor in the event that the truck was sold or stolen without proper inspections and maintenance. A reputable attorney will ensure that the claim is made in a timely manner, including past and future medical costs, lost incomes damages to property, emotional trauma, and suffering and pain. It is essential to submit a claim as soon as possible after the accident to ensure that evidence is fresh and available. In the meantime, the trucking firm and their team of attorneys more time to prepare for trial and convince jury that the victim was at fault.