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What Are the Average 18 Wheeler Settlements? The average settlement for 18-wheelers is one of the most frequently asked concerns by those involved in truck accidents. The amount that you receive as a settlement is contingent upon several aspects. The severity of your injuries and the amount of damage you've suffered are all factors to consider. What to Expect from the Settlement There are many factors that can affect the amount of a settlement for the aftermath of a truck crash. Some of these include the severity and length of your injuries, as and the loss of your wages. Furthermore, your attorney might take into account future medical costs if you will require ongoing treatment due to your accident. This is usually dependent on the testimony of medical doctors or other experts. Your attorney will also take into account the cost of repairing or replacing any property damaged in the accident. In general the settlements for 18-wheeler collisions are much higher than those for regular auto accidents. This is because truck accidents are more likely to cause more serious injuries than typical car crashes. It is not uncommon for the victims of truck accidents to receive damages of hundreds of thousands or even millions, of dollars. In addition to the economic losses, you'll also be entitled to compensation for non-economic damages. These aren't as quantifiable, but they are equally crucial to your recovery. For example your non-economic losses may include your suffering and pain or loss of enjoyment in life, or disfigurement. Your lawyer will assess all your losses to ensure you receive the compensation you deserve. This can take some time, especially if multiple parties share responsibility for the crash. 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 affected by several factors. Two of the most important are fault and damages. It is crucial because it determines how much you are entitled to in compensation. In Texas, you are only entitled to compensation if the other driver was at minimum 50% responsible for your accident. However, your attorney can provide evidence to show that the other party was much more responsible than you were. This could increase the settlement amount significantly. The other main element that affects your settlement is the severity of your losses and injuries. The injuries you sustain in a crash with an 18-wheeler are often far more severe than those suffered in a normal car crash. Trucks can weigh up to 80,000 pounds and the force that they generate is far greater than what a passenger car can handle. Thus the most serious injuries resulting from an accident involving a huge truck can lead to significant or even multi-million-dollar settlements. The damages you can claim are not just for medical expenses associated with your injuries, but also the impact of the crash on your life quality. This includes suffering and pain as well as the loss of enjoyment from life and companionship loss, among other things. It is often difficult to quantify these non-economic damages, but our attorneys have extensive experience in creating and presenting the most convincing evidence possible of the financial impact of your crash. The time it takes to Receive an Settlement It may take longer for an injury claim to be settled following an accident involving an 18-wheeler because of the extent and frequent nature of injuries. Your lawyer will collaborate with medical experts to determine the complete extent of your injuries, which includes the future and present medical expenses and lost wages. Non-economic damages, which could be more difficult to calculate, will also be included in the settlement. Your lawyer will prepare the release forms you'll need to sign once a settlement has been made. After you have signed them, the insurance company takes care of your case and issues a check for agreed amount. This process can take a few weeks or even a month, depending on the circumstances. The most significant factor in determining how long it takes to get your settlement is the proportion of fault that is assigned to each person involved in the crash. In the event that there was more than one person responsible, it could be necessary to negotiate who's responsible for the injuries. Your attorney will guide you through the negotiation process and assist to reach a fair settlement. If the insurance company won't negotiate with you, your lawyer is ready to bring a lawsuit to obtain a higher settlement. How a Lawyer Can Help There are over 100,000 injury accident-related accidents that occur with 18 wheelers each year and many of them lead to settlements and lawsuits that can reach into the millions of dollars. Lawyers who specialize in these cases make huge sums of money. A trucking company has a team comprised of lawyers who work round all hours to limit claims. Victims require a skilled lawyer by their side. A lawyer can help them collect evidence, negotiate with insurance companies, and even argue their case in court to ensure they receive the highest settlement possible. A lawyer with experience will know if any other parties are responsible for compensation, in addition to the trucking firm. It could be the manufacturer of the vehicle or the manufacturer if the accident was due to defective or defective components. This could also include a distributor, retailer or manufacturer if the vehicle was stolen or sold with no proper inspections or maintenance. A competent attorney will ensure that all damages are properly claimed including past and future medical expenses, lost income, property damage, emotional trauma, and other losses. 18 wheeler accident claim memphis is essential to submit a claim as soon as you can after the accident to ensure that the evidence is fresh and available. In the meantime, the trucking firm and their legal team more time to prepare for trial and convince jury that the victim was at fault.