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What Are the Average 18 Wheeler Settlements? One of the most frequently asked questions that those who have been involved in truck accidents have is “What are the average 18-wheeler settlements?” The amount you will receive as a settlement depends on many factors. This includes the extent of your injuries and the severity of your injuries. What to Expect from the Settlement A variety of factors can impact the amount of a settlement for an accident involving a truck. These include the severity of your injuries, the length of time it took to heal, and your lost wages. 18 wheeler accident law firm norman might also consider future medical costs should you have to continue your treatment because of your accident. This is usually based on medical experts' testimony or other health care experts. In addition, your attorney will also look at the cost to repair or replace any property damaged during the crash. In general the case of 18-wheeler accidents, settlements are much higher than those for auto accidents of a normal nature. This is because truck accidents are more likely to cause more serious injuries than typical car crashes. It is not uncommon for victims to suffer 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 less quantifiable losses, but they are equally crucial to your recovery. For example your non-economic losses could include your pain and suffering, loss of enjoyment of life, or even disfigurement. Your lawyer will be diligent to determine all of your losses and make sure you receive the proper compensation. This can take a long time especially if multiple parties are responsible for the incident. A New York truck accident lawyer can assist you in settling the claim quickly and in a fair manner. What is the Value of Your Case? There are many factors that affect the worth of your 18-wheeler accident case. Damages and fault 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 collision. However, your lawyer can make use of evidence to prove that the other party was more at fault than you were. This could significantly increase the amount of your settlement. The severity of your losses or injuries can affect the amount you could receive. Injuries that result from an accident with an 18-wheeler can be far more severe than the injuries sustained in a car accident. Trucks can weigh as much as 80,000 pounds and the force they generate is much greater than that of a car that is a passenger can withstand. Therefore, the most serious injuries resulting from an accident involving a huge truck could result in significant or even multi-million dollar settlements. The damages you can claim are not only for the medical expenses associated with your injuries, but also the impact of the crash on your quality-of-life. This includes suffering as well as loss of enjoyment life as well as loss of companionship and companionship, among other things. These non-economic damages are often difficult to quantify, however our attorneys can help you create and present the most convincing evidence possible of the true financial impact. The time it takes to Receive the Settlement When you file a personal injury claim following an accident involving an 18-wheeler, it may take longer to settle than car accidents due to the severity of injuries that often occur in these accidents. Your lawyer will work with medical experts to determine the total extent of your injuries, including both current and future medical expenses as well as loss of wages. Damages that are not economic, which can be more difficult to calculate, will also be included in your settlement. Once a settlement is reached, your lawyer will prepare release forms for you to sign. After you have signed them, the insurance company processes the case and sends you a check for agreed amount. The process could take from several weeks to at least a month due to a variety of reasons, including clerical errors and delays in the mail system. The most significant factor in determining the time it takes to receive your settlement is the percentage of blame assigned to each person involved in the crash. In the event that there was more than one person at fault, it may be necessary to negotiate who is responsible for the injuries. Your lawyer will guide you through the negotiation process and assist you negotiate a fair settlement. If the insurance company isn't willing to negotiate with you, then your attorney will make a claim to secure an increased settlement. How can a lawyer help? There are over 100,000 injuries resultant accidents caused by 18 wheelers each year and the majority of them result in lawsuits and settlements that can amount to millions of dollars. Lawyers who specialize in these cases make a lot of income. Trucking companies have teams of attorneys working night and day to minimize claims, so victims must have an experienced lawyer by their side. A lawyer can help them collect 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 whether other individuals are liable for compensation, in addition to the trucking company. It could be the manufacturer of the vehicle in the event that the crash was due to defective or faulty components. This could also include a retailer, distributor or manufacturer if the vehicle was sold or stolen with no proper inspections or maintenance. An experienced attorney will ensure that the damages are correctly claimed including past and future medical expenses, lost income property damage, pain and suffering, emotional trauma and other losses. It is important to file a claim as soon as possible after the accident to ensure that the evidence is fresh and available. Also, waiting gives the trucking company and their legal team more time to prepare for trial and convince jurors that the victim was at fault.