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What Are the Average 18 Wheeler Settlements? The average settlement for 18-wheelers is among of the most frequently-asked questions by people involved in truck accidents. The amount you receive in settlement depends on a number of factors. The severity of your injuries, and the extent of damages you've suffered are just a few aspects to be considered. What to Expect from the Settlement There are many factors that can affect the value of a settlement from an accident with a truck. These include the severity of your injuries, the length of time it took to recover, and your loss of earnings. Additionally, your attorney may consider future medical expenses when you need ongoing treatment due to your accident. This is usually dependent on the testimony of medical doctors or other experts. In addition, your attorney will also consider the cost of repairing or replace any property that was damaged in the crash. Generally speaking the settlements for 18 wheelers are more substantial than typical auto settlements for accidents. This is because truck accidents typically result in more severe injuries than regular car accidents. It is not uncommon for the victims of truck accidents to receive damages in the hundreds of thousands or even millions of dollars. In addition to your economic losses, you will also be legally entitled to compensation for non-economic losses. These are less measurable losses but are equally important to your overall recovery. Non-economic losses can include suffering and pain and disfigurement or loss of enjoyment of your life. Your lawyer will work diligently to calculate all your losses and ensure that you are properly compensated. It can take some time particularly if several parties are accountable for the crash. A New York truck accident lawyer can assist you in settling your claim quickly and fairly. The Value of Your Case Many factors affect the value of your 18 wheeler accident case. Fault and damages are the two most important. The importance of fault is that it determines the amount you can receive in compensation. In Texas, you can only claim damages if the liable party was at least 50 percent accountable for your collision. Your attorney may use evidence, however, to prove that you were not as culpable as the other party. This could significantly increase the amount of your settlement. The severity of your losses or injuries will also affect your payout. The injuries sustained in an accident with an 18-wheeler can be far more severe than those sustained in a car crash. This is due to the fact that trucks weigh more than 80,000 pounds, and when multiplied by the speed of travel creates much more force than a standard passenger vehicle can withstand. Thus, the most serious injuries that occur in an accident with a large truck can lead to significant 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 the impact of the collision on your life quality. This includes discomfort and pain as well as loss of enjoyment from life, and loss companionship. It is often difficult to quantify the non-economic losses, but our attorneys have vast experience in creating and presenting the most convincing evidence of the actual financial impact of your accident. How is the time it takes to receive a settlement? If you submit a personal injury claim following an accident involving an 18-wheeler, it can take longer to settle than car accidents due to the seriousness of injuries that usually accompany such crashes. Your lawyer will collaborate with medical experts to determine the complete extent of your injuries, including the future and present medical expenses as well as lost wages. 18 wheeler accident lawsuit danbury that are not economic, which can be harder to calculate are also included in your settlement. When a settlement is reached your lawyer will draft release forms for you to sign. Once you sign them, the insurance company reviews your case and issues the check in the amount you agreed to. This process can take several weeks to up to a month for various reasons, including clerical error and delays in the mail system. The percentage of fault each party is responsible for in the accident will determine the time it will take to get your settlement. In the event that there more than one party at fault, it may be necessary to negotiate who is responsible for the injuries. Your knowledgeable attorney will be able to assist you in these negotiations and assist you to negotiate an acceptable settlement. If the insurance company won't negotiate with you, your attorney will pursue a lawsuit for an increased settlement. How can a lawyer help? Over 100,000 accidents involving 18-wheelers cause injuries each year. Many of these accidents result in settlements or lawsuits in the millions of dollars. Lawyers who specialize in these cases make lots of income. 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 them gather evidence and negotiate with insurance companies and even argue their case in court to ensure they get the maximum settlement amount possible. An experienced lawyer will know if other parties are responsible for compensation in addition to the trucking company. This could include a vehicle manufacturer in the event of a crash caused by defective or ineffective components. This could also include a distributor, retailer or manufacturer if the truck has been sold or stolen with no proper inspections or maintenance. A good lawyer will make sure the damages are correctly claimed including past and future medical expenses as well as lost income and property damage, as well as emotional trauma and other damages. It is crucial to file a claim as soon as possible after the accident to ensure that the evidence is fresh and available. Additionally, waiting allows the trucking company and their team of lawyers more time to prepare for trial and convince a jury that the victim was at fault.