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What Are the Average 18 Wheeler Settlements? One of the most commonly asked questions that those 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. This includes the severity of your injuries as well as the amount of your damages. What to Expect from the Settlement There are many factors that affect the value of a truck accident settlement. These include the severity of your injuries, the length of time it took to recover, and lost wages. Your attorney may also factor in future medical expenses in the event that you are required to continue treatment due to your accident. This is typically based on medical experts' testimony or other health care professionals. In addition, your attorney will also take into consideration the cost to repair or replace any property damaged during the crash. In general, 18 wheeler settlements are more substantial than typical auto accident settlements. This is due to the fact that truck accidents often cause more serious injuries than typical car crashes. It is not uncommon for the victims of truck accidents to suffer damages in the hundreds of thousands or even millions of dollars. In 18 wheeler accident lawsuit norwalk to the economic losses, you'll also be legally entitled to compensation for non-economic damages. These aren't as quantifiable however they are equally crucial to your recovery. For example the non-economic costs could include your pain and suffering, loss of enjoyment of life, or disfigurement. Your lawyer will work diligently to determine all of your losses and make sure you are compensated appropriately. This can take some time especially if several parties share responsibility for the accident. However, a skilled New York truck accident attorney can assist you in settling your claim quickly and in a fair manner. The Importance of Your Case The value of your 18-wheeler accident case is affected by several factors. Two primary ones are fault and damages. The importance of fault is that it determines the amount of compensation you're entitled to. In Texas, you can only get compensation if the other party was at least 50% responsible for the accident. However, your attorney may provide evidence to show that the other party was more at fault than you were. This could substantially increase the amount of your settlement. The other main element that affects your payout is the severity of your injuries and losses. Injuries sustained in an 18-wheeler crash can be far more severe than those sustained in a car crash. Trucks can weigh up 85,000 pounds, and the force they generate is much greater than that of an average car can manage. The most serious injuries incurred in an accident involving a massive truck can result in settlements that amount to millions of dollars or more. In addition to the medical costs of treating your injuries, you could also recover damages for the impact the crash has had on your quality of life. This includes discomfort and pain, loss of enjoyment in life, and loss companionship. It is often difficult to quantify the non-economic losses however, our lawyers have extensive experience in preparing and presenting the best evidence possible of the financial impact of your crash. The Time It Takes to Receive a Settlement It could take longer for an injury claim to be settled after an accident with an 18-wheeler as a result of the degree and regularity of injuries. Your lawyer will work closely with medical experts to determine your full injuries, including current and future medical expenses as well as lost wages. Non-economic damages, which could be difficult to quantify, will also be included in the settlement. When a settlement is reached the lawyer will prepare release forms for you to sign. After you have completed them, the insurance company will review your case and issue an amount you agreed to. The process could take several weeks or even a whole month dependent on the circumstances. A key factor in determining the time it takes to receive your settlement is the proportion of fault that is assigned to each party involved in the crash. If there more than one party responsible, it could be necessary to negotiate who is responsible for the injuries. An experienced attorney will be able to guide you through these negotiations and assist you to reach an acceptable settlement. If the insurance company refuses to negotiate with you, your attorney will be ready to file a lawsuit in order to secure a greater monetary settlement. How a Lawyer Can Help More than 100,000 accidents that involve 18-wheelers cause injuries every year. Many of these accidents result in settlements or lawsuits worth millions of dollars. This makes it big business for lawyers who specialize in litigating these cases. Trucking companies have whole teams of attorneys working night and day to minimize claims, so victims must have an experienced lawyer at their side. A lawyer can assist them gather evidence, discuss with insurance companies and even argue their case in court to ensure they get the most settlement possible. An experienced lawyer will know if any other parties are responsible for compensation, in addition to the trucking firm. This could include a vehicle manufacturer in the event of a crash caused by defective or faulty parts. This could also include a distributor, retailer or manufacturer if the truck was sold or stolen without proper maintenance or inspections. A good attorney will make sure the damages are correctly claimed including past and future medical expenses and lost income property damage, pain and suffering, emotional trauma, and other losses. It is essential to make your claim as quickly after the accident as possible to ensure that all evidence is fresh. Also, waiting gives the trucking company and their team of lawyers time to prepare for trial and convince a jury that the victim was at fault.