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What Are the Average 18 Wheeler Settlements? The average settlement for 18-wheelers is one of the most frequently asked questions by those 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 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 accident settlement. Some of these include the severity of your injuries, the amount of time required to recover, and lost wages. Your lawyer may also factor in future medical expenses if you are required to continue treatment following your accident. This is usually based on the evidence of medical doctors or other professionals. Your attorney will also take into account the cost of repairing or replacing any property damaged in the accident. In general, 18 wheeler settlements are much larger than standard auto accident settlements. Truck accidents are more likely cause severe injuries than car accidents. It is not uncommon for victims of truck accidents to receive damages in the hundreds of thousands or even millions of dollars. In addition to your economic losses, you'll also be legally entitled to compensation for non-economic losses. These are less measurable losses but are equally important to your overall recovery. For 18 wheeler accident attorney lauderhill -economic losses could include your suffering and pain as well as loss of enjoyment of life, or disfigurement. Your lawyer will be diligent to calculate all of your losses, and make sure that you receive the proper compensation. This could take a while especially if several parties are involved in the crash. However, a knowledgeable 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? A variety of factors can affect the worth of your 18-wheeler accident case. Two of them are the fault and damages. The issue of fault is significant, since it determines the amount of compensation you are entitled to. In Texas In Texas, you're able to recover damages if the other party was at least 50 percent responsible for your collision. However, your attorney may make use of evidence to prove that the other party was more at fault than you were. This could increase the amount of your settlement significantly. The other main factor that influences your potential amount of compensation is the severity of your losses and injuries. The injuries you suffer from a crash with an 18-wheeler are typically more severe than those sustained in a typical car crash. Trucks can weigh upwards of 80k pounds and the force they produce is much greater than that of the average car driver can handle. Therefore the most serious injuries in an accident involving a large truck can result in substantial or even multi-million-dollar settlements. In addition to the medical costs of treating your injuries, you can also recover damages for the effects the crash has caused to your life quality. This includes pain and suffering and loss of enjoyment of life, and loss of companionship, among other things. These damages are usually difficult to quantify, but our lawyers can assist you to prepare and present the best evidence of the financial impact. How is the time it takes to receive an amount of money? It could take longer for a personal injury claim be settled after an accident caused by an 18-wheeler, due to the extent and frequent nature of injuries. Your lawyer will work with medical experts to determine your total injuries, including your current and future medical costs and lost wages. The settlement will also cover non-economic damages that are difficult to quantify. If a settlement has been reached the lawyer will prepare release forms for you to sign. Once 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 whole month, depending on the circumstances. The percentage of fault each party carries in the accident will determine how long it will take to get your settlement. In the event that there more than one party at fault, it may be necessary to determine who is accountable for the injuries. An experienced attorney will be able to assist you in these negotiations and assist you to find an acceptable settlement. If the insurance company is unwilling to negotiate with you, your lawyer will be able to file a lawsuit to secure a greater monetary settlement. What Lawyers Can Do to Help There are over 100,000 injury accident-related accidents that occur with 18 wheelers each year and the majority of them result in lawsuits and settlements that can reach into the millions of dollars. This is a huge business for lawyers who specialize in settling these cases. A trucking company has a team made up of lawyers who work around the clock to minimize claims. Victims require a skilled lawyer to represent them. A lawyer can help victims collect evidence and negotiate with insurance companies and even present their case in court for the maximum settlement. An experienced lawyer will be aware of whether they should bring other parties liable for compensation, in addition the trucking company. It could be the vehicle manufacturer or the manufacturer if the accident was caused by defective or defective components. It might also include the retailer or distributor in the event that the truck was sold or stolen without proper inspections and maintenance. An experienced attorney will make sure all damages are appropriately claimed including future and past medical expenses, lost income and property damage, as well as pain and suffering, emotional trauma, and other expenses. It is crucial to make a claim as quickly as possible after the accident so that evidence is fresh and readily available. Additionally, waiting allows the trucking company and their legal team more time to prepare for trial and convince a jury that the victim was responsible.