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What Are the Average 18 Wheeler Settlements? The average settlement for 18-wheelers is among of the most frequently asked concerns by those involved in truck accidents. The amount you get in settlement will depend on a variety of factors. This includes the severity of your injuries and the extent of your damages. What to Expect from a Settlement There are a variety of factors that affect the value of a truck accident settlement. These include the severity of your injuries, the length of time required to recover, and loss of earnings. Your lawyer might also factor in future medical costs if you require ongoing treatment because of your accident. This is usually based on the testimony of doctors or other medical experts. Your lawyer will also take into account the cost of replacing or repairing any property damaged in the accident. In general 18 wheeler settlements are generally much larger than standard auto accident settlements. Truck accidents are more likely cause severe injuries than car accidents. It is not uncommon for victims to suffer hundreds of thousands or even millions of dollars in total damages. In addition to the economic losses, you will also be legally entitled to compensation for non-economic damages. These are losses that aren't quantifiable but are equally important to your overall recovery. For example your non-economic losses may include your pain and suffering and loss of enjoyment life, or even disfigurement. Your lawyer will diligently to calculate all your losses, and make sure that you get the right amount of compensation. This can take a long time, especially when multiple parties are involved in the accident. However, a knowledgeable New York truck accident attorney can assist you in settling your claim quickly and fairly. What is the significance of Your Case? The value of your 18-wheeler crash case is determined by a variety of 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 In Texas, you're only entitled to compensation if the driver who caused the accident was at minimum 50% responsible for the collision. Your attorney can use evidence to demonstrate that you were not in the same way as the other party. This could increase the amount you receive from your settlement significantly. The other main factor that influences your potential payout is the extent of your injuries and losses. Injuries sustained during an accident with an 18-wheeler could be more severe than injuries suffered in a car crash. Trucks can weigh up 80,000 pounds and the force that they generate is much greater than that of the average car driver can handle. Therefore, the most serious injuries that occur in an accident with a large truck could result in significant or even multi-million-dollar settlements. You can recover damages not just for medical expenses resulting from your injuries, but also the impact of the crash on your quality of life. This can include pain and discomfort as well as loss of enjoyment from life, and loss companionship. 18 wheeler accident lawyer sugar land is often difficult to quantify these non-economic damages, but our attorneys have vast experience in creating and presenting the most convincing evidence of the actual financial impact of your accident. The time it takes to Receive an Settlement It may take longer for a personal injury claim be settled after an accident caused by an 18-wheeler, due to the seriousness and the frequency of injuries. Your lawyer will work with medical experts to determine your total injuries, including your current and future medical costs as well as lost wages. The settlement will also cover non-economic damages that can be difficult to quantify. When a settlement is reached the lawyer will prepare release forms for you to sign. After you've signed them, the insurance company will take care of your case and issue an amount you agreed to. The process could take from several weeks to a month or more for many reasons, such as clerical errors and delays in the mail system. The amount of blame each party carries in the incident will determine how long it will take to get your settlement. In cases where more than one party is at fault there is a possibility that the parties will have to negotiate about who is responsible for your injuries. Your attorney will guide you through the negotiation process and assist to reach a fair settlement. If the insurance company refuses to negotiate with you, your attorney will be prepared to file a lawsuit to obtain a higher monetary settlement. How a Lawyer can Help Over 100,000 accidents that involve 18-wheelers cause injuries each year. Many of these accidents lead to settlements or lawsuits in the millions of dollars. This makes it big business for lawyers who specialize in litigating these cases. Trucking companies have whole teams of lawyers working every day and night to reduce claims, which means that victims need to have an experienced lawyer on their side. A lawyer can assist them gather evidence and negotiate with insurance companies and even argue their case in court to ensure they get the most settlement possible. An experienced attorney will know when they must pursue other responsible parties for compensation, in addition to the trucking company. It could be the vehicle manufacturer, if the crash was caused by defective or defective components. It could also include a retailer or distributor if the truck was stolen or sold without proper inspections and maintenance. An experienced attorney will make sure all damages are appropriately claimed including past and future medical expenses and lost income damages to property, pain and suffering, emotional trauma, and other expenses. It is essential to start a claim as fast as you can following the accident so that evidence is fresh and available. The delay gives the trucking company and their team of attorneys more time to prepare for the trial and convince a jury that the victim was at fault.