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What Are the Average 18 Wheeler Settlements? The average settlement for 18-wheelers is among of the most frequently asked queries by those involved in truck accidents. The amount that you receive as a settlement depends on many factors. The extent of your injuries and the extent of damages you have suffered are all things to take into consideration. What to Expect from the Settlement There are many variables that affect the value of a truck crash settlement. One of them is the severity of your injuries, the amount of time it took to heal, and your loss of earnings. Furthermore, your attorney might include future medical expenses in the event that you require ongoing treatment due to your accident. This is usually determined by the testimony of doctors or other medical experts. Your attorney will also consider the costs of repairing or replacing any property damaged in the accident. In general the majority of cases, settlements for 18-wheeler crashes are significantly higher than those for regular auto accidents. Truck accidents are more likely to cause severe injuries than car accidents. 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 losses. These are not quantifiable losses, but they are equally important to your recovery. Non-economic losses could include suffering and pain or disfigurement, as well as loss of enjoyment in your life. Your lawyer will calculate all your losses to ensure you receive the compensation you deserve. This may take time particularly when multiple parties are responsible for the accident. However, a knowledgeable New York truck accident attorney can help you settle your claim quickly and fairly. What is the worth of Your Case? There are many factors that affect the worth of your 18-wheeler accident case. Two of the most important are the fault and damages. It is crucial because it determines the amount you are able to receive in compensation. In Texas the state of Texas, you're entitled to compensation if the driver who caused the accident was at least 50% at fault for the accident. Your attorney can make use of evidence to show that you weren't equally responsible as the other party. This could increase your settlement amount significantly. The severity of your losses or injuries will also affect your potential payout. The injuries you sustain in an accident with an 18-wheeler are often far greater than those you sustain in a typical car crash. Trucks can weigh up to an 80,000-pound weight and the force they exert is far more than what an average car can manage. Thus, the most serious injuries in an accident with a large truck could lead to substantial or even multi-million-dollar settlements. The damages you can claim are not only for the medical costs associated with your injuries, but also for the impact of the crash on your life quality. This includes pain and discomfort and loss of enjoyment in life, and loss of companionship. These non-economic damages can be difficult to quantify, however our attorneys can help you create and present the most convincing evidence possible of the financial impact. How do I wait to receive a settlement? It can take longer for a personal injury case to be settled following an accident that involved an 18-wheeler due to the degree and the frequency of injuries. Your lawyer will collaborate with medical experts to determine the full extent of your injuries, including both current and future medical expenses as well as lost wages. Non-economic damages, which may be difficult to quantify, will also be included in the settlement. Your lawyer will create the forms for release that you need to sign when a settlement has been made. After you have signed them, the insurance company will take care of your case and issue the amount you agreed to. This process can take weeks or even a whole month dependent on the circumstances. The amount of blame each party is responsible for in the incident will determine the time it will take to get your settlement. In cases where there more than one party at fault, it may be necessary to negotiate who is responsible for the injuries. Your lawyer will guide you through the negotiation process and help to reach a fair settlement. If the insurance company is unwilling to negotiate with you, your lawyer will be prepared to file a lawsuit in order to secure a greater monetary settlement. What can a lawyer do to help There are over 100,000 injuries causing accidents with 18 wheelers every year, and the majority of them result in settlements and lawsuits that could reach into the millions of dollars. Lawyers who specialize in these cases make an enormous amount of money. A trucking firm has a team of lawyers who work around the clock to minimize claims. Victims need an experienced lawyer on their side. A lawyer can assist them gather evidence and discuss with insurance companies and even argue their case in court to ensure that they get the maximum settlement amount possible. A lawyer with experience will know if any other individuals are liable for compensation in addition to the trucking company. It could be the vehicle manufacturer in the event that the crash was due to defective or faulty components. This could also include a distributor, retailer or manufacturer if the truck was sold or stolen without proper inspections or maintenance. 18 wheeler accident settlement inglewood will ensure that all damages are properly claimed including past and future medical expenses, lost income property damage, emotional trauma and other damages. It is essential to submit a claim as soon as you can after the accident so that evidence is fresh and available. The delay gives the trucking company and their attorneys more time to prepare for trial and convince jury that the victim was at fault.