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What Are the Average 18 Wheeler Settlements? The average settlement for 18-wheelers is one of the most frequently asked concerns by those involved in truck accidents. The amount you will receive as a settlement will depend on several aspects. This includes the degree of your injuries and the severity of your injuries. What to Expect from a Settlement Many factors can impact the value of a settlement in the aftermath of a truck crash. Some of these include the severity of your injuries, the amount of time required to recover, and your loss of earnings. In addition, your attorney could consider future medical expenses if you will require ongoing medical treatment because of your accident. This is usually determined by the testimony of medical doctors or other experts. In addition, your lawyer will also consider the cost to repair or replace any property that was damaged by the crash. In general the case of 18-wheeler accidents, settlements are higher than settlements for auto accidents of a normal nature. Truck accidents are more likely cause severe injuries than car accidents. It is also not unusual that victims receive hundreds of thousands or millions of dollars in damages total. In addition to the economic losses, you will also be legally entitled to compensation for non-economic damages. These are not as quantifiable losses but are equally important to your overall recovery. For example your non-economic losses could include your suffering and pain and loss of enjoyment life, or disfigurement. Your lawyer will be diligent to determine all of your losses, and make sure that you are compensated appropriately. 18 wheeler accident law firm brockton may take some time especially if multiple parties are accountable for the accident. However, a knowledgeable New York truck accident attorney can assist you in settling your claim quickly and fairly. The Value of Your Case The value of your 18-wheeler accident case is affected by several factors. Two of them are fault and damages. The importance of fault is that it determines the amount of compensation you are entitled to. In Texas, you are only entitled to compensation if the other driver was at minimum 50% responsible for the accident. However, your attorney can provide evidence to show that the other party was more at fault than you were. This could increase your settlement amount substantially. The extent of your injuries or losses can affect the amount you can expect to receive. The injuries you suffer from the event of a collision with an 18-wheeler tend to be more severe than those sustained in a typical car accident. This is due to the fact that trucks weigh more than 80,000 pounds, which multiplied by the speed of travel produces much more force than a passenger vehicle can endure. Therefore the most serious injuries sustained in an accident involving a massive truck can result in substantial or even multi-million dollar settlements. You may be able to recover 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 discomfort and pain, loss of enjoyment in life, and loss of companionship. 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 possible evidence of the financial impact of your crash. The time it takes to Receive the Settlement It can take a longer time for a personal injury claim be settled after an accident involving an 18-wheeler because of the degree and the frequency of injuries. Your lawyer will collaborate with medical experts to determine the complete extent of your injuries, including both future and current medical expenses and loss of wages. Non-economic damages, which could be harder to calculate, will also be included in your settlement. Your lawyer will create the release forms you'll need to sign when an agreement has been reached. Once you've completed them, the insurance company will process your case and issue a check for the amount agreed upon. This process can take weeks or even a month, depending on the circumstances. The percentage of fault each party has in the incident will determine how long it will take to get your settlement. In cases where there more than one party responsible, it could be necessary to determine who is accountable for the injuries. Your attorney will guide you through the negotiation process and help you reach an equitable settlement. If the insurance company doesn't agree to negotiate with you, your attorney will make a claim to secure an increase in settlement. What can a lawyer do to help There are over 100,000 injuries resultant accidents caused by 18 wheelers each year and many of them lead to settlements and lawsuits that can reach into the millions of dollars. This is why it is a lucrative business for lawyers who specialize in litigating these cases. A trucking company has a team made up of attorneys who work around all hours to limit claims. Victims require an experienced lawyer by their side. A lawyer can help them gather evidence and deal with insurance companies, and even argue their case in court to ensure they receive the highest settlement amount possible. An experienced lawyer will know if other parties are liable for compensation, in addition to the trucking firm. It could be the vehicle manufacturer in the event that the crash was due to defective or faulty components. It could also involve the retailer or distributor in the event that the truck was stolen or sold without proper inspections and maintenance. A competent attorney will make sure all damages are properly claimed including past and future medical expenses loss of income and property damage, as well as pain and suffering, emotional trauma, and other expenses. It is important to file your claim as soon after the accident as possible so that all evidence remains fresh. In the meantime, the trucking firm and their team of attorneys more time to prepare for trial and convince juror that the victim was responsible.