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What Are the Average 18 Wheeler Settlements? The average settlement for 18-wheelers is among of the most frequently-asked questions by people involved in truck accidents. The amount you receive in settlement is contingent on a variety of factors. The severity of your injuries and the extent of damages you've suffered are all factors to consider. What to Expect from a Settlement A variety of factors can impact the value of a settlement in an accident with a truck. A few of them are the severity of your injuries, the amount of time it took to recover, and loss of earnings. In addition, your lawyer may take into account future medical costs in the event that you require regular treatment following your accident. This is usually based on the evidence of doctors or other medical professionals. Your lawyer will also take into account the cost of repairing or replacing any property damaged in the accident. In general the majority of cases, settlements for 18-wheeler crashes are much higher than those for regular auto accidents. Truck accidents are more likely to cause severe injuries than car accidents. It is also not unusual for victims to suffer hundreds of thousands or millions of dollars in total damages. You may also be entitled to compensation for non-economic losses in addition to your economic losses. These are more difficult to quantify but are equally important to your overall recovery. For example, your non-economic losses might include your pain and suffering and loss of enjoyment life, or disfigurement. Your lawyer will diligently to estimate all of your losses, and make sure that you are compensated appropriately. This can take time particularly when multiple parties are responsible for the incident. However, a knowledgeable New York truck accident attorney can help you settle your claim quickly and fairly. What is the Value of Your Case? The value of your 18-wheeler accident case is affected by several factors. Two of the most important are the fault and damages. Fault is important because it determines how much you are eligible to receive in compensation. In Texas In Texas, you're only entitled to compensation if the driver who caused the accident was at minimum 50% responsible for the collision. Your attorney may use evidence to prove that you weren't in the same way as the other party. This could increase your settlement amount substantially. The severity of your injuries or losses will also influence the amount you can expect to receive. The injuries you sustain in an accident involving an 18-wheeler are often far 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 generates far more force than a passenger vehicle can endure. Therefore, the most serious injuries that occur in an accident involving a large truck can result in substantial or even multi-million dollar settlements. You may be able to recover damages not only for the medical expenses associated with your injuries, but also the impact of the collision on your life quality. This includes suffering, loss of enjoyment of life and loss of companionship, among other things. It can be difficult to quantify the non-economic losses However, our lawyers have years of experience in preparing and presenting the best possible evidence of the financial impact of your accident. The time it takes to Receive the Settlement When you have a personal injury claim following an accident with an 18-wheeler, it may take longer to settle than car accidents because of the seriousness of injuries that usually result from these crashes. Your lawyer will work with medical professionals to determine your total damages, including both current and future medical expenses as well as lost wages. Non-economic damages, which may be difficult to calculate, will also be included in the settlement. If 18 wheeler accident attorney birmingham has been reached your lawyer will draft release forms for you to sign. After you've signed them, the insurance company will process your case and issue the amount you agreed to. The process could take several weeks or even a month dependent on the circumstances. A major factor in determining how long it takes to get your settlement is the proportion of blame assigned to each person involved in the crash. In cases where there more than one party at fault, it may be necessary to negotiate who is responsible for the injuries. An experienced attorney will be able to assist you in these negotiations and help you reach an equitable settlement. If the insurance company is unwilling to negotiate with you, your lawyer will be prepared to file a lawsuit in order to obtain a higher monetary settlement. How a lawyer can help Over 100,000 accidents involving 18-wheelers result in injuries each year. Many of these accidents lead to settlements or lawsuits worth millions of dollars. This is a big business for lawyers who specialize in litigating these cases. Trucking companies have teams of lawyers working 24/7 to reduce claims, so victims must have an experienced lawyer at their side. A lawyer can help them collect evidence and negotiate with insurance companies and even argue their case in court to ensure that they receive the highest settlement possible. An experienced lawyer will know if any other parties are accountable for compensation in addition to the trucking company. This could include a car manufacturer if the crash was caused by defective or damaged parts. This could also include a distributor, retailer or manufacturer if the truck was stolen or sold with no proper inspections or maintenance. A good attorney will ensure that the claim is made in a timely manner for past and future medical expenses, lost income physical damage, emotional trauma and pain and suffering. It is crucial to make your claim as quickly after the accident as you can so that all evidence is fresh. It gives the trucking company and their team of attorneys more time to prepare for a trial and convince a jury that the victim was at fault.