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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 as a settlement is contingent upon many factors. This includes the extent of your injuries and the extent of your injuries. What to Expect from a Settlement There are a myriad of factors that can impact the value of a truck accident settlement. Some of these include the severity and length of your injuries, as well as your lost wages. Your lawyer may include future medical costs if you are required to continue treatment following your accident. This is usually dependent on the testimony of doctors or other medical experts. Your lawyer will also consider the costs of repairing or replacing any property damaged by the accident. In general, 18 wheeler settlements are significantly higher than standard auto accident settlements. This is because truck accidents tend to cause more serious injuries than standard car crashes. It is not uncommon for victims of truck accidents to receive damages of hundreds of thousands, or even millions of dollars. In addition to your economic losses, you'll also be entitled to compensation for your non-economic damages. These are not quantifiable losses, but they are just as important to your recovery. Non-economic losses include suffering and pain, disfigurement, or loss of enjoyment in your life. Your lawyer will be diligent to determine all of your losses and ensure you get the right amount of compensation. This can take some time particularly if several parties are responsible for the crash. However, a skilled New York truck accident attorney can assist you in settling your claim quickly and in a fair manner. The Value of Your Case The value of your 18-wheeler accident case is influenced by a variety of factors. Fault and damages are the two most important. The importance of fault is that it determines how much you are entitled to in compensation. In Texas In Texas, you're able to recover damages if the other party was at least 50% responsible for the accident. However, your attorney can provide evidence to show that the other party was much more responsible than you were. This could greatly increase the amount of your settlement. The other major aspect that determines your potential payout is the extent of your losses and injuries. The injuries you experience in the event of a collision with an 18-wheeler can be more severe than the ones you suffer in a typical car crash. 18 wheeler accident attorney lawrence is due to the fact that trucks weigh more than 80k pounds, which when multiplied by the speed of travel generates much more force than a passenger vehicle can handle. So the most serious injuries that occur in an accident involving a massive truck can lead to significant or even multi-million dollar settlements. You can recover damages not only for the medical expenses resulting from your injuries but also for the impact of the crash on your life quality. This includes suffering, loss of enjoyment of life, and loss of companionship and companionship, among other things. These damages are usually difficult to quantify, but our lawyers can help you create and present the best evidence possible of the financial impact. How is the time it takes to receive a settlement? It can take a longer time for a personal injury claim be settled after an accident caused by an 18-wheeler, due to the extent and frequency of injuries. Your lawyer will collaborate with medical experts to determine the full extent of your injuries, which includes future and ongoing medical expenses and lost wages. Your settlement will also include non-economic damages, which can be difficult to calculate. Once a settlement is reached your lawyer will then prepare release forms for you to sign. After you've signed them, the insurance company will investigate your case and issue an amount that you have agreed to. The process could take from several weeks to a month or more for a variety of reasons, including clerical errors and delays in the mail system. The most significant factor in determining how long it takes to get your settlement is the percentage of fault assigned to each of the parties involved in the crash. In the event that there more than one party at fault, it may be necessary to negotiate who is accountable for the injuries. Your knowledgeable attorney will be able to guide you through the process and help you find a fair settlement. If the insurance company is unwilling to negotiate with you, your lawyer will be able to file a lawsuit to receive a larger monetary settlement. How can a lawyer assist Over 100,000 accidents involving 18-wheelers cause injuries each year. Many of these accidents lead to lawsuits or settlements worth millions of dollars. Lawyers who specialize in these cases make an enormous amount of money. A trucking company has a team made up of lawyers who work around all hours to reduce claims. Victims require a skilled lawyer by their side. A lawyer can assist them collect evidence and negotiate with insurance companies, and even argue their case in court to ensure that they get the maximum settlement amount possible. An experienced lawyer will be aware of the need to bring other parties liable for compensation, in addition the trucking company. It could be the manufacturer of the vehicle in the event that the crash was due to defective or damaged components. It could also involve a retailer or distributor if the truck was stolen or sold with no proper inspections and maintenance. A reputable attorney will ensure that the damages are accurately claimed for past and future medical costs, lost incomes physical damage, emotional trauma, and pain and suffering. It is crucial to start a claim as fast as possible following the incident so that evidence is fresh and readily available. Also, waiting gives the trucking company and their legal team time to prepare for trial and convince jurors that the victim is responsible.