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What Are the Average 18 Wheeler Settlements? One of the most frequent questions that people who have been involved in truck accidents have is “What are the average 18-wheeler settlements?” The amount you get as a settlement is contingent upon several aspects. The severity of your injuries and the extent of the damages you've sustained are all aspects to be considered. What to Expect from the Settlement There are a myriad of factors that can impact the value of a truck crash settlement. One of them is the severity of your injuries, the length of time it took to recover, and lost wages. Your lawyer may take into account future medical expenses if you require ongoing treatment due to your accident. This is typically dependent on the testimony of medical doctors or other professionals. In addition, your attorney will also consider the cost of repairing or replace any property that was damaged by the crash. In general the settlements of 18 wheelers are considerably higher than standard auto accident settlements. This is because truck accidents typically cause more serious injuries than standard car crashes. It is also not uncommon for victims to receive hundreds of thousands or even millions of dollars in damages total. In 18 wheeler accident attorney rio rancho to the economic losses, you will also be legally entitled to compensation for non-economic losses. These are not as quantifiable losses but are equally important to your overall recovery. Non-economic losses may include suffering and pain or disfigurement, as well as loss of enjoyment of your life. Your lawyer will estimate all your losses to make sure you get the compensation you deserve. This may take time particularly if several parties are responsible for the incident. However, a skilled New York truck accident attorney can help you settle your claim quickly and in a fair manner. What is the worth of Your Case? The value of your 18-wheeler crash case is influenced by a variety of factors. Fault and damages are the two most important. The issue of fault is significant, since it determines the amount of compensation you're entitled to. In Texas the law states that you can only get compensation if the other party was at least 50 percent accountable for your collision. Your attorney can use evidence to demonstrate that you were not in the same way as the other party. This could substantially increase the amount of your settlement. The other major element that affects your settlement is the severity of your injuries and losses. The injuries you suffer from an accident involving an 18-wheeler are typically 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 far more force than a typical passenger vehicle can endure. The most serious injuries incurred in an accident involving a massive truck can result in settlements that amount to millions of dollars or more. You could be awarded damages not just for medical costs associated with your injuries but also for the impact of the collision on your quality of life. This includes discomfort and pain, loss of enjoyment in life, and loss companionship. These damages are usually difficult to quantify, however our lawyers can help create and present the best evidence possible of the financial impact. How is the time required to receive an amount of money? If you submit a personal injury claim following an accident with an 18-wheeler, it can take longer to settle than car accidents because of the severity of injuries that typically result from these 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 your settlement. Your lawyer will draft the forms for release that you need to sign once the settlement has been reached. After you sign them, the insurance company will process your case and issue an amount agreed upon. This process may take several weeks or even a month depending on the circumstances. The amount of fault each party is accountable for in the incident will determine the time it will take to get your settlement. In the event that more than one party was at fault, the parties may have to negotiate about who is responsible for your injuries. Your lawyer will guide you through the negotiation process and assist you negotiate a fair settlement. If the insurance company is unwilling to negotiate with you, your attorney will be prepared to file a lawsuit to get a better settlement. How can a lawyer assist More than 100,000 accidents that involve 18-wheelers cause injuries every year. Many of these accidents lead to settlements or lawsuits in the millions of dollars. Lawyers who specialize in these cases earn an enormous amount of income. Trucking companies have teams of lawyers working all night and day to minimize claims, which is why victims should have an experienced lawyer at their side. A lawyer can assist victims collect evidence to support their case, negotiate with insurance companies, and even argue in court to get the most money for their claim. A lawyer with experience will know whether other parties are liable for compensation, in addition to the trucking company. This could include a car manufacturer in the event of a crash caused by defective or faulty components. It could also be distributors or retailers if the truck was stolen or sold without proper inspections and maintenance. A reputable attorney will ensure that all damages are claimed accurately for past and future medical costs, lost incomes damages to property, emotional trauma and pain and suffering. It is crucial to submit your claim as soon following the accident as soon as you can so that all evidence remains fresh. Also, waiting gives the trucking company and their lawyers time to prepare for trial and convince jurors that the victim is at fault.