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What Are the Average 18 Wheeler Settlements? The average settlement for 18-wheelers is among of the most frequently asked concerns by those involved in truck accidents. The amount that you receive as a settlement is contingent upon various factors. The extent of your injuries and the amount of damages you've suffered are all factors to consider. What to Expect from a Settlement There are a variety of factors that affect the value of a truck accident settlement. One of them is the severity and length of your injuries as and the loss of your wages. In addition, your attorney could include future medical expenses when you need ongoing medical treatment because of your accident. This is typically based on the evidence of medical doctors or other experts. In addition, your attorney will also take into consideration the cost of repairing or replace any property that was damaged by the crash. In 18 wheeler accident lawyer beaumont , settlements for 18-wheeler accidents are much higher than those for standard auto accidents. Truck accidents are more likely cause severe injuries than car accidents. It is also not unusual for victims to receive hundreds of thousands or millions of dollars in total damages. In addition to your economic losses, you'll also be entitled to compensation for your non-economic damages. These are not as quantifiable however, they are equally crucial to your recovery. For example the non-economic costs could include your suffering and pain as well as loss of enjoyment of life, or even disfigurement. Your lawyer will calculate all your losses to ensure you receive the amount you are entitled to. It can take some time especially if multiple parties are accountable for the accident. However, a skilled New York truck accident attorney can help you settle your claim quickly and in a fair manner. The Case Worth Its Weight Several factors influence the value of your 18-wheeler accident case. Fault and damages are the two most significant. The issue of fault is that it determines how much you are eligible to receive in compensation. In Texas, you are only entitled to compensation if the other driver was at minimum 50% responsible for the collision. Your attorney can use evidence to prove that you weren't as culpable as the other party. This could greatly increase the amount of your settlement. Another aspect that affects your potential payout is the severity of your losses and injuries. The injuries you suffer from a crash with an 18-wheeler can be more severe than those suffered in a normal car crash. This is due to the fact that trucks weigh more than 80,000 pounds, which multiplied by the speed of travel results in much more force than a typical passenger vehicle can withstand. Thus, the most serious injuries in an accident involving a huge truck could lead to substantial or even multi-million dollar settlements. In addition to the medical expenses of treating your injuries, you may also seek compensation for the impact the crash has caused to your life quality. This includes suffering and pain and loss of enjoyment of life as well as loss of companionship as well as other aspects. It can be difficult to quantify the non-economic losses however, our lawyers have years of experience in providing the best evidence of the actual financial impact of your crash. How is the time required to receive an amount of money? It can take a longer time for a personal injury case to be settled after an accident caused by an 18-wheeler, due to the degree and the frequency of injuries. Your attorney will work closely with medical experts to determine the full extent of your injuries, which include current and future medical costs and lost wages. Damages that are not economic, which can be harder to calculate are also included in the settlement. Your lawyer will create the release forms that you have to sign after the settlement has been reached. After you sign them, the insurance company processes your case and issue the check in the amount you agreed to. The process can take anywhere from up to at least a month due to a variety of reasons, including clerical error and delays in the mail system. The amount of fault each party is accountable for in the incident will determine the time it will take to receive your settlement. In the event that there was more than one person responsible, it could be necessary to determine who is accountable for the injuries. Your attorney will guide you through the negotiation process and assist you negotiate a fair settlement. If the insurance company refuses to negotiate with you, your attorney will be able to file a lawsuit in order to obtain a higher monetary settlement. How a Lawyer Can Help There are over 100,000 injury caused accidents involving 18 wheelers every year, and many of them result in lawsuits and settlements that can be in the millions of dollars. This makes it big business for lawyers who specialize in litigating these cases. A trucking firm has a team of attorneys who work around all hours to reduce claims. Victims require a skilled lawyer to represent them. A lawyer can help victims gather evidence to support their case, negotiate with insurance companies and even appear in court to secure the highest settlement. An experienced lawyer will know when they must 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 defective components. It could also involve distributors or retailers if the truck was sold or stolen without proper inspections and maintenance. A reputable attorney will ensure that all damages are claimed accurately in relation to past and future medical expenses, lost income and property damage, as well as emotional trauma and pain and suffering. It is crucial to make a claim as quickly as possible following the incident so that evidence is current and available. Also, waiting gives the trucking company and their team of lawyers more time to prepare for trial and convince jurors that the victim is at fault.