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What Are the Average 18 Wheeler Settlements? The average settlement for 18-wheelers is one of the most frequently-asked queries by those involved in truck accidents. The amount you will receive as a settlement depends on several aspects. This includes the severity of your injuries and the severity of your injuries. What to Expect from a Settlement There are many factors that can impact the value of a truck crash settlement. These include the severity of your injuries, the length of time required to recover, and your loss of earnings. In addition, your lawyer may take into account future medical costs if you will require ongoing medical treatment because of your accident. This is typically based upon the testimony of doctors or other health care professionals. Your lawyer will also take into account the cost of replacing or repairing any property damaged in the accident. In general the settlements for 18 wheelers are more substantial than typical auto accident settlements. This is because truck accidents tend to cause more serious injuries than normal car crashes. It is also not uncommon for victims to receive hundreds of thousands or even millions of dollars in total damages. You also have the right to compensation for non-economic losses in addition to your economic losses. These are more difficult to quantify but are equally important to your overall recovery. For instance your non-economic losses may include your pain and suffering, loss of enjoyment of life, or even disfigurement. Your lawyer will work diligently to determine all of your losses and ensure you get the right amount of compensation. This can take some time especially if several parties are involved in the crash. A New York truck accident lawyer can help you settle the case quickly and fairly. The Importance of Your Case A variety of factors can affect the value of your 18-wheeler accident case. Two primary ones are fault and damages. The importance of fault is that it determines the amount you are eligible to receive in compensation. In Texas In Texas, you're able to get compensation if the other party was at least 50 percent responsible for your collision. Your attorney can make use of evidence to show that you weren't as culpable as the other party. This could increase the settlement amount significantly. 18 wheeler accident lawsuit lawton of your losses or injuries will also impact your payout. Injuries that result from an 18-wheeler crash can be far more severe than those sustained in a car accident. This is due to the fact that trucks weigh more than 80,000 pounds, and when multiplied by the speed of travel generates far more force than a passenger vehicle can handle. Therefore the most serious injuries in an accident involving a large truck could lead to substantial or even multi-million dollar settlements. In addition to the medical costs of treating your injuries, you may also claim damages for the impact the crash has caused to your life quality. This includes discomfort and pain, loss of enjoyment in life, and loss of companionship. These damages are usually difficult to quantify, but our attorneys can help you create and present the most convincing evidence of the financial impact. How is the time required to receive an amount of money? If you make a claim for personal injury following an accident with an 18-wheeler vehicle, it can take longer to settle than car accidents because of the nature of the injuries that commonly accompany these crashes. Your lawyer will work with medical experts to determine the full extent of your injuries, including current and future medical expenses and lost wages. Your settlement will also contain non-economic damages that can be difficult to calculate. Once a settlement is reached your lawyer will draft release forms for you to sign. After you have signed them, the insurance company will process the case and sends you the check in the amount you agreed to. This process can take weeks or even a whole month depending on the circumstances. A major factor in determining how long it takes to get your settlement is the proportion of fault that is assigned to each party involved in the crash. If there more than one party at fault, it may be necessary to determine who is accountable for the injuries. Your lawyer will guide you through the negotiation process and help you negotiate a fair settlement. If the insurance company is unwilling to negotiate with you, your attorney will be prepared to file a lawsuit in order to obtain a higher monetary settlement. How can a lawyer help? There are more than 100,000 injury causing accidents with 18 wheelers each year and the majority of them result in lawsuits and settlements that can exceed millions of dollars. Lawyers who specialize in these cases earn a lot of income. Trucking companies have whole teams of lawyers working all every day and night to reduce claims, which means that victims need to have an experienced lawyer by their side. A lawyer can assist victims to gather evidence and negotiate with insurance companies and even appear in court to get the maximum settlement. An experienced lawyer can determine if other parties are accountable for compensation in addition to the trucking firm. It could be the manufacturer of the vehicle in the event that the crash was caused by defective or defective components. This could also include a retailer, distributor or manufacturer if the vehicle was sold or stolen without proper inspections or maintenance. A good lawyer will ensure that all damages are properly claimed for past and future medical costs, lost incomes, property damage, emotional trauma and suffering and pain. It is crucial to make a claim as quickly as possible after the accident so that evidence is current and available. The delay gives the trucking company and their legal team more time to prepare for trial and convince jury that the victim was responsible.