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What Are the Average 18 Wheeler Settlements? One of the most common questions that those who have been involved in truck accidents have is “What are the typical 18 wheeler settlement?” The amount you will receive in settlement will depend on a variety of factors. The severity of your injuries, and the extent of the damages you've suffered are just a few aspects to be considered. What You Can Expect From a Settlement Many factors can impact the value of a settlement from an accident with a truck. A few of these are the severity and length of your injuries as well as your lost wages. 18 wheeler accident law firm fort collins may take into account future medical costs if you require ongoing treatment because of your accident. This is typically determined by the testimony of medical doctors or other professionals. Additionally, your attorney will also look at the cost to repair or replace any property damaged by the crash. Generally speaking the settlements for 18 wheelers are much larger than standard auto accident settlements. This is because truck accidents typically result in more severe injuries than regular car accidents. It is also not uncommon for victims to be awarded hundreds of thousands or millions of dollars in damages total. In addition to your economic losses, you'll also be entitled to compensation for non-economic losses. These are not as quantifiable losses but are equally important to your overall recovery. Non-economic losses could include pain and suffering disfigurement, loss of a body part, or loss of enjoyment of your life. Your lawyer will be diligent to determine all of your losses and ensure that you get the right amount of compensation. This can take a long time, especially when multiple parties are responsible for the accident. However, a knowledgeable New York truck accident attorney can help you settle your claim quickly and in a fair manner. What is the value of Your Case? Several factors influence the value of your 18-wheeler accident case. Fault and damages are the two most important. Fault is important, because it determines the amount of compensation you're entitled to. In Texas in Texas, you're entitled to compensation if the driver who caused the accident was at least 50% at fault for your accident. Your attorney can use evidence, however, to prove that you weren't as culpable as the other party. This could increase the amount of your settlement substantially. The severity of your injuries or losses will also impact your potential payout. The injuries you sustain in an accident involving an 18-wheeler are typically more severe than those sustained in a typical car crash. This is because trucks weigh more than 80,000 pounds, and when multiplied by the speed of travel creates far more force than a standard passenger vehicle is able to withstand. Thus the most serious injuries that occur in an accident involving a massive truck can result in substantial or even multi-million-dollar settlements. In addition to the medical costs of treating your injuries, you may also recover damages for the impact the crash has affected your quality of life. This can include pain and discomfort as well as loss of enjoyment from life, and loss of companionship. These non-economic damages are often difficult to quantify, however our lawyers can help you prepare and present the best evidence of the financial impact. The Time It Takes to Receive the Settlement When you make a claim for personal injury following an accident involving an 18-wheeler, it may take longer to settle than car accidents because of the severity of injuries that typically accompany such crashes. Your lawyer will collaborate with medical experts to determine the total extent of your injuries, including both current and future medical expenses and lost wages. Damages that are not economic, which can be more difficult to calculate are also included in the settlement. Your lawyer will draft the release forms you'll need to sign once an agreement has been reached. When you sign them the insurance company will process your case and issue an agreement-based check. The process could take from up to up to a month for a variety of reasons, including clerical errors and delays in the mail system. One of the most important factors in determining the time it takes to get your settlement is the proportion of fault attributed to each person involved in the crash. If more than one person was at fault it is possible for the parties to negotiate the responsibility for your injuries. Your experienced attorney will be able to assist you in these negotiations and help find a fair settlement. If the insurance company doesn't bargain with you, your attorney is prepared to file a suit to get an increased settlement. What can a lawyer do to help Over 100,000 accidents that involve 18-wheelers cause injuries every year. Many of these accidents result in lawsuits or settlements worth millions of dollars. This is a big business for lawyers who specialize in settling these cases. Trucking companies have teams of lawyers working all night and day to minimize the risk of claims, therefore victims must have an experienced lawyer on their side. A lawyer can assist victims collect evidence, negotiate their case with insurance companies and even present their case in court for the highest amount of compensation. A lawyer with experience will know if other parties are liable for compensation, in addition to the trucking company. It could be the vehicle manufacturer in the event that the crash was due to defective or damaged components. It could also include a retailer or distributor if the truck was stolen or sold with no proper inspections and maintenance. A good attorney will ensure that all damages are claimed accurately, including past and future medical costs, lost incomes, property damage, emotional trauma and suffering and pain. It is essential to make a claim as quickly as possible after the accident so that evidence is current and available. Also, waiting gives the trucking company and their lawyers more time to prepare for trial and convince jurors that the victim was at fault.