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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 typical 18 wheeler settlement?” The amount you receive in settlement is contingent on a variety of factors. This includes the extent of your injuries and the extent of your damages. What to Expect From a Settlement A variety of factors can impact the value of a settlement for the aftermath of a truck crash. Some of these include the severity and duration of your injuries, as in addition to the lost wages. In addition, your lawyer may take into account future medical costs in the event that you require ongoing treatment due to your accident. This is typically based on medical experts' testimony or other health experts. In addition, your lawyer will also look at the cost of repairing or replace any property damaged in the crash. Generally speaking the settlements for 18 wheelers are more substantial than typical auto settlements for accidents. Truck accidents are more likely cause serious injuries than car accidents. It is not uncommon for victims of truck accidents to suffer damages of hundreds of thousands, or even millions of dollars. In addition to your economic losses, you will also be entitled to compensation for non-economic damages. These are not as quantifiable losses but are equally important to your overall recovery. Non-economic losses include pain and suffering and disfigurement or loss of enjoyment of your life. Your lawyer will estimate all your losses in order to ensure that you receive the compensation you deserve. This may take some time especially if multiple parties are at fault for the incident. However, a skilled New York truck accident attorney can assist you in settling your claim quickly and in a fair manner. The Case Worth Its Weight A variety of factors can affect the value of your 18 wheeler accident case. Damages and fault are the two most important. The issue of fault is that it determines the amount you are able to receive in compensation. In Texas in Texas, you're entitled to compensation if the driver who caused the accident was at least 50% at fault for your accident. Your attorney may use evidence to demonstrate that you were not as culpable as the other party. This could increase the settlement amount significantly. The extent of your losses or injuries will also impact the amount you could receive. The injuries you suffer in an accident with an 18-wheeler can be more severe than the ones you suffer in a car crash. This is due to the fact that trucks weigh more than 80,000 pounds. This, when multiplied by the speed of travel generates far more force than a passenger vehicle can handle. Thus the most serious injuries sustained in an accident involving a huge truck could lead to substantial or even multi-million dollar settlements. The damages you can claim are not just for medical expenses associated with your injuries but also for the impact of the collision on your quality of life. This includes pain and suffering and loss of enjoyment of life as well as loss of companionship among other things. 18 wheeler accident lawyer santa monica is often difficult to quantify the non-economic losses, but our attorneys have years of experience in creating and presenting the most convincing evidence possible of the financial impact of your accident. The Time It Takes to Receive the Settlement It may take longer for a personal injury case to be settled following an accident caused by an 18-wheeler, due to the seriousness and regularity of injuries. Your lawyer will work with medical experts to determine the full extent of your injuries, including future and ongoing medical expenses and loss of wages. The settlement will also cover non-economic damages that are difficult to quantify. If a settlement has been reached the lawyer will prepare release forms for you to sign. When you sign them the insurance company will process your case and issue an amount agreed upon. This process can take a few weeks or even a whole month depending on the circumstances. The amount of blame each party carries in the incident will determine the time it will take to receive your settlement. If there more than one party at fault, it may be necessary to determine who is accountable for the injuries. Your knowledgeable attorney can assist you in these negotiations and help reach an equitable settlement. If the insurance company refuses to negotiate with you, your lawyer will pursue a lawsuit for an increase in settlement. How a Lawyer can Help There are more than 100,000 injuries accident-related accidents that occur with 18 wheelers each year and the majority of them result in settlements and lawsuits that could exceed millions of dollars. This is why it is a lucrative business for lawyers who specialize in settling these cases. Trucking companies have teams of lawyers working all 24/7 to reduce claims, which is why victims should have an experienced lawyer by their side. A lawyer can help collect evidence and negotiate with insurance companies and even argue their case in court to ensure that they receive the highest settlement amount possible. A lawyer with experience will know whether other parties are liable for compensation, in addition to the trucking company. It could be the car manufacturer and the driver if the crash occurred caused by defective or defective components. It might also include distributors or retailers if the truck was stolen or sold without proper inspections and maintenance. A good lawyer will ensure that all damages are claimed accurately for past and future medical expenses, lost income, property damage, emotional trauma and pain and suffering. It is crucial to make a claim as quickly as you can after the accident so that evidence is fresh and readily available. Additionally, waiting allows the trucking company and their team of lawyers more time to prepare for trial and convince a jury that the victim was responsible.