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What Are the Average 18 Wheeler Settlements? One of the most frequent questions that those who have been involved in truck accidents is “What are the typical 18-wheeler settlements?” The amount you receive in settlement will depend on a variety of factors. The degree of your injuries and the amount of damages you've suffered are just a few aspects to be considered. What You Can Expect From a Settlement There are many factors that can impact the value of a truck crash settlement. These include the severity of your injuries, the amount of time required to heal, as well as your lost wages. Furthermore, your attorney might take into account future medical costs if you will require regular treatment following your accident. This is typically based on expert testimony from doctors or other health care experts. In addition, your attorney will also look at the cost to repair or replace any property that was damaged in the crash. In general the case of 18-wheeler accidents, settlements are much higher than those for regular auto accidents. This is due to the fact that truck accidents tend to result in more severe injuries than normal car crashes. It is not uncommon for the victims of truck accidents to be awarded damages that range from hundreds of thousands or even millions, of dollars. You may also be entitled to compensation for damages that are not economic in addition to your economic losses. These are not as quantifiable however they are equally crucial to your recovery. Non-economic losses may include suffering and pain disfigurement, loss of a body part, or the loss of enjoyment from your life. Your lawyer will strive to estimate all of your losses and make sure you receive the proper compensation. This can take time, especially when multiple parties are at fault for the accident. However, a knowledgeable New York truck accident attorney can help you settle your claim quickly and in a fair manner. The Importance of Your Case The value of your 18-wheeler accident case is influenced by a variety of factors. Fault and damages are the two most significant. The importance of fault is that it determines the amount of compensation you're entitled to. In Texas In Texas, you're able to claim damages if the liable party was at least 50% responsible for the collision. However, your lawyer can use evidence to prove that the other party was more responsible than you were. This could increase the settlement amount substantially. The severity of your losses or injuries will also influence your payout. Injuries that result from an 18-wheeler crash could be more severe than the injuries sustained in a car crash. This is due to the fact that trucks weigh more than 80,000 pounds, and when multiplied by the speed of travel produces far more force than what a passenger vehicle is able to withstand. Therefore, the most serious injuries sustained in an accident involving a massive truck can lead to significant or even multi-million dollar settlements. You may be able to recover damages not just for medical expenses resulting from your injuries, but also the impact of the crash on your quality of life. This includes suffering and pain, loss of enjoyment of life as well as loss of companionship as well as other aspects. It is often difficult to quantify the non-economic losses However, our lawyers have years of experience in creating and presenting the most convincing possible evidence of the financial impact of your accident. How is the time it takes to receive an amount of money? It can take a longer time for a personal injury claim be settled after an accident that involved an 18-wheeler due to the severity and regularity of injuries. Your attorney will work closely with medical professionals to determine the full extent of your damages, including both current and future medical costs and lost wages. Damages that are not economic, which can be harder to calculate are also included in your settlement. Your lawyer will draft the release forms that you have to sign when a settlement has been made. When you sign them the insurance company will process the case and sends you the check in the amount you agreed to. This process can take weeks or even a whole month, depending on the circumstances. A major factor in determining how long it takes to receive your settlement is the proportion of fault attributed to each party 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. Your attorney will guide you through the negotiation process and help you reach an equitable settlement. If the insurance company refuses to negotiate with you, your attorney will be prepared to file a lawsuit in order to receive a larger monetary settlement. How can 18 wheeler accident settlement indiana ? More than 100,000 accidents involving 18-wheelers result in injuries every year. Many of these accidents lead to lawsuits or settlements worth millions of dollars. Lawyers who specialize in these cases make a lot of money. A trucking company has a team made up of lawyers who work around all hours to limit claims. Victims need an experienced lawyer on their side. A lawyer can help collect evidence and negotiate with insurance companies and even argue their case in court to ensure they receive the highest settlement amount possible. A seasoned attorney will know if they need to 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 ineffective parts. This could also include a retailer, distributor or manufacturer if the truck was sold or stolen with no proper inspections or maintenance. An experienced attorney will ensure that all damages are claimed correctly including future and past medical expenses and lost income damages to property, pain and suffering, emotional trauma, and other damages. It is important to file your claim as soon after the accident as you can to ensure that all evidence is still fresh. Also, waiting gives the trucking company and their legal team more time to prepare for trial and convince jurors that the victim is at fault.