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What Are the Average 18 Wheeler Settlements? One of the most common questions that people who have been involved in truck accidents is “What is the average 18-wheeler settlements?” The amount you will receive in settlement is contingent upon a number of factors. This includes the severity of your injuries as well as the extent of your damages. What to Expect from the Settlement Many factors can impact the value of a settlement in an accident involving a truck. A few of these are the severity and duration of your injuries, as well as your lost wages. Your lawyer might take into account future medical expenses if you need to continue treatment due to your accident. 18 wheeler accident claim mission is typically dependent on the testimony of medical doctors or other experts. In addition, your attorney will also consider the cost to repair or replace any property that was damaged during the crash. In general the majority of cases, settlements for 18-wheeler crashes are much higher than those for auto accidents of a normal nature. This is due to the fact that truck accidents often result in more severe injuries than typical car crashes. It is also not unusual for victims to suffer hundreds of thousands or even millions of dollars in total damages. You may also be entitled to compensation for non-economic losses in addition to your economic losses. These are less measurable losses but are equally important to your overall recovery. Non-economic losses include pain and suffering disfigurement, loss of a body part, or loss of enjoyment in your life. Your lawyer will assess all your losses to make sure you get the compensation you are due. This may take time particularly when multiple parties are involved in the incident. 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 accident case is influenced by a variety of factors. Damages and fault are the two most significant. Fault is important because it determines how much you are entitled to in compensation. In Texas, you can only claim damages if the liable party was at least 50% responsible for the accident. Your attorney may use evidence to prove that you weren't as culpable as the other party. This could significantly increase the amount of your settlement. The other major factor that influences your potential payout is the extent of your injuries and losses. Injuries sustained during an 18-wheeler crash can be far more severe than the injuries sustained in a car crash. Trucks can weigh up to an 80,000-pound weight and the force that they generate is greater than that which a passenger car can handle. The most serious injuries that occur in an accident involving a huge truck could result in settlements that amount to millions of dollars or more. In addition to the medical costs of treating your injuries, you may also claim damages to compensate for the negative impact the collision has had on your life quality. This includes pain and suffering, loss of enjoyment of life and loss of companionship among other things. These non-economic damages are often difficult to quantify, however our attorneys can help you prepare and present the best evidence of the financial impact. How long does it take to receive a settlement? If you file a personal injury claim following an accident with an 18-wheeler vehicle, it can take longer to settle than car accidents due to the severity of injuries that typically occur in these accidents. Your lawyer will work with medical experts to determine the total extent of your injuries, which includes future and ongoing medical expenses and lost wages. Your settlement will also include economic damages that are difficult to quantify. Your lawyer will draft the forms for release that you need to sign once the settlement has been reached. Once you have completed them the insurance company will process your case and issue the amount agreed upon. The process could take several weeks or even a month dependent on the circumstances. A key factor in determining how long it takes to receive your settlement is the proportion of fault that is assigned to each person involved in the crash. In the event that more than one party was responsible, the parties may have to negotiate over the responsibility for your injuries. Your lawyer will guide you through the negotiation process and assist to reach a fair settlement. If the insurance company won't negotiate with you, then your attorney is prepared to bring a lawsuit to obtain a higher settlement. How a Lawyer can Help Over 100,000 accidents that involve 18-wheelers cause injuries each year. Many of these accidents result in settlements or lawsuits in the millions of dollars. This makes it big business for lawyers who specialize in litigating these cases. Trucking companies have teams of attorneys working 24/7 to reduce claims, which is why victims should have an experienced lawyer at their side. A lawyer can help them collect evidence and deal with insurance companies, and even argue their case in court to ensure that they receive the highest settlement amount possible. A seasoned attorney will be aware of the need to sue other liable parties for compensation, in addition the trucking company. This could include a vehicle manufacturer in the event that the crash was caused by defective or damaged components. It could also be a retailer or distributor if the truck was stolen or sold without proper inspections and maintenance. A good lawyer will ensure that all damages are claimed accurately, including past and future medical expenses, lost income physical damage, emotional trauma and pain and suffering. It is important to make a claim as quickly as you can after the accident so that evidence is current and readily available. Waiting gives the trucking firm and their legal team more time to prepare for trial and convince juror that the victim was responsible.