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What Are the Average 18 Wheeler Settlements? One of the most frequently asked questions that people who have been involved in truck accidents is “What is the average 18-wheeler settlements?” The amount you receive as settlement will depend on a variety of factors. The severity of your injuries, and the amount of damage you've suffered are just a few aspects to be considered. What You Can Expect from A Settlement There are a myriad of factors that affect the value of a truck crash settlement. One of them is the severity of your injuries, the length of time it took to recover, and your lost wages. Your attorney may also consider future medical costs should you are required to continue treatment as a result of your accident. This is typically determined by the testimony of medical doctors or other professionals. Additionally, your attorney will also consider the cost to repair or replace any property that was damaged by the crash. In general 18 wheeler settlements are generally much larger than standard auto settlements for accidents. Truck accidents are more likely to cause serious injuries than car accidents. It is not uncommon for victims of truck accidents to incur damages in the hundreds of thousands or even millions, of dollars. You'll also be entitled to compensation for non-economic damages in addition to your economic losses. These are not as quantifiable, but they are just as important to your recovery. Non-economic losses can include suffering and pain disfigurement, loss of a body part, or the loss of enjoyment from your life. Your lawyer will strive to estimate all of your losses and ensure you receive the proper compensation. This may take time particularly when multiple parties are accountable for the accident. However, a knowledgeable New York truck accident attorney can help you settle your claim quickly and in a fair manner. The Importance of Your Case The value of your 18-wheeler crash case is influenced 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 the law states that you can only claim damages if the liable party was at least 50% responsible for the accident. However, your lawyer can utilize evidence to prove the other party was much more responsible than you were. This could significantly increase the amount of your settlement. The extent of your losses or injuries can affect the amount you could receive. Injuries sustained during collisions with 18-wheelers can be much more severe than the injuries sustained in a car accident. This is because trucks weigh more than 80,000 pounds. This, when multiplied by the speed of travel results in far more force than a standard passenger vehicle can withstand. The most serious injuries suffered in an accident involving a large truck may result in settlements of several million dollars or more. In addition to the medical costs of treating your injuries, you could also recover damages for the impact the crash has had on your quality of life. This includes pain and discomfort and loss of enjoyment in life, and loss of companionship. It can be difficult to quantify these non-economic damages, but our attorneys have extensive experience in providing the best possible evidence of the true financial impact of your accident. How is the time it takes to receive an amount of money? It can take a longer time for a personal injury claim be settled following an accident that involved an 18-wheeler due to the severity and frequency of injuries. Your attorney will work with medical experts to determine the complete extent of your injuries, which includes both current and future medical expenses and lost wages. The settlement will also cover non-economic damages that can be difficult to calculate. After a settlement has been made the lawyer will prepare release forms for you to sign. Once you have signed them the insurance company will take care of your case and issue the amount you agreed to. This process may take several weeks or even a month depending on the circumstances. The percentage of fault that each party has in the accident will determine the time it will take to get your settlement. In the event that more than one party was at fault, the parties may have to negotiate over who is responsible for your injuries. Your lawyer will guide you through the negotiation process and assist you negotiate a fair settlement. If the insurance company refuses to bargain with you, your attorney will pursue a lawsuit for an increased settlement. How can a lawyer help? More than 100,000 accidents involving 18-wheelers cause injuries every year. 18 wheeler accident lawsuit madison of these accidents lead to lawsuits or settlements worth millions of dollars. Lawyers who specialize in these cases make huge sums of money. A trucking company has a team of lawyers who work round the clock to minimize claims. Victims require a skilled lawyer on 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 attorney will be aware of the need to seek out other responsible parties for compensation, in addition to the trucking company. This could include a car manufacturer in the event that the crash was caused by defective or ineffective parts. This could also include a retailer, distributor or manufacturer if the truck was sold or stolen without proper inspections or maintenance. A competent attorney will ensure that all damages are properly claimed including future and past medical expenses and lost income damages to property, pain and suffering, emotional trauma, and other losses. It is important to submit your claim as soon after the accident as you can so that all evidence remains fresh. Also, waiting gives the trucking company and their legal team time to prepare for trial and convince a jury that the victim was responsible.