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What Are the Average 18 Wheeler Settlements? One of the most frequently asked questions that those who have been involved in truck accidents have is “What are the typical 18-wheeler settlements?” The amount that you receive as a settlement is contingent on several aspects. The severity of your injuries, and the amount of damage you've suffered are just a few things to take into consideration. What You Can Expect From a Settlement There are many factors that can impact the value of a truck accident settlement. Some of these include the severity and duration of your injuries as well as your lost wages. In addition, your attorney could consider future medical expenses when you need ongoing medical treatment because of your accident. This is typically based on medical experts' testimony or other health care experts. Your lawyer will also take into account the costs of repairing or replacing any property damaged by the accident. Generally speaking the settlements for 18 wheelers are more substantial than typical auto accident settlements. This is due to the fact that truck accidents often cause more serious injuries than normal car crashes. It is not uncommon for the victims of truck accidents to incur damages of hundreds of thousands, or even millions of dollars. 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 instance, your non-economic losses might include your suffering and pain and loss of enjoyment life, or disfigurement. Your lawyer will work diligently to calculate all your losses and make sure you receive the proper compensation. This could take a while particularly if several parties are responsible for the accident. However, a skilled New York truck accident attorney can assist you in settling your claim quickly and in a fair manner. What is the significance of Your Case? Several factors influence the value of your 18 wheeler accident case. Fault and damages are the two most significant. The importance of fault is that it determines how much you are able to receive in compensation. In Texas In Texas, you're able to claim damages if the liable party was at least 50 percent responsible for your collision. However, your attorney may provide evidence to show that the other party was more responsible than you were. This could greatly increase the amount of your settlement. Another major element that affects your amount of compensation is the severity of your losses and injuries. The injuries sustained in collisions with 18-wheelers could be more serious than injuries sustained in a car crash. This is because trucks weigh more than 80,000 pounds, and when multiplied by the speed of travel produces far more force than a passenger vehicle can endure. So the most serious injuries that occur in an accident involving a large truck can result in substantial or even multi-million dollar settlements. In addition to the medical expenses of treating your injuries, you could also seek compensation to compensate for the negative impact the collision has caused to your quality of life. This includes pain and discomfort and loss of enjoyment life, and loss of companionship. It can be difficult to quantify these non-economic damages however our attorneys have extensive experience in creating and presenting the most convincing possible evidence of the financial impact of your accident. The Time It Takes to Receive an Settlement When you submit a personal injury claim after an accident with an 18-wheeler, it can take longer to settle than car accidents due to the severity of injuries that often accompany such crashes. Your lawyer will collaborate with medical experts to determine your full injuries, which include current and future medical costs and lost wages. Non-economic damages, which could be more difficult to calculate, will also be included in the settlement. When a settlement is reached your lawyer will then prepare release forms for you to sign. Once you've completed them the insurance company will review your case and issue a check for the amount that you have agreed to. This process can take a few weeks or even a month depending on the circumstances. A key factor in determining how long it takes to receive your settlement is the percentage of fault that is assigned to each of the parties involved in the crash. If more than one party was at fault it is possible for the parties to negotiate the responsibility for your injuries. Your knowledgeable attorney can guide you through these negotiations and assist you to achieve a fair settlement. If the insurance company isn't willing to negotiate with you, your attorney is prepared to file a suit to get a higher settlement. How a lawyer can help There are over 100,000 injuries caused accidents involving 18 wheelers every year, and the majority of them result in settlements and lawsuits that could be in the millions of dollars. 18 wheeler accident law firm san francisco is a huge business for lawyers who specialize in settling these cases. A trucking company has a team comprised of lawyers who work round all hours to limit claims. Victims require an experienced lawyer to represent them. A lawyer can help them collect evidence and negotiate with insurance companies and even argue their case in court to ensure they get the most settlement possible. A seasoned attorney will know when they must pursue other responsible parties for compensation in addition to the trucking company. This could include a car manufacturer if the crash was caused by defective or defective parts. It could also be a retailer or distributor if the truck was sold or stolen without proper inspections and maintenance. An experienced attorney will ensure that all damages are appropriately claimed including future and past medical expenses loss of income and property damage, as well as pain and suffering, emotional trauma, and other losses. It is important to submit a claim as soon as you can following the accident to ensure that the evidence is fresh and available. It gives the trucking company and their team of attorneys more time to prepare for the trial and convince a juror that the victim was responsible.