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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 as a settlement will depend on various factors. This includes the degree of your injuries and the amount of your damages. What You Can Expect From the Settlement A variety of factors can impact the value of a settlement in a truck accident. Some of these include the severity and length of your injuries as in addition to the lost wages. In addition, your lawyer may take into account future medical costs if you will require ongoing medical attention due to your accident. This is usually based on the testimony of doctors or other health experts. In addition, your lawyer will also take into consideration the cost to repair or replace any property damaged in the crash. In general the settlements for 18 wheelers are much larger than standard auto accident settlements. This is because truck accidents are more likely to result in more severe injuries than typical car crashes. It is not uncommon for victims of truck accidents to be awarded damages of hundreds of thousands or even millions, of dollars. You may also be entitled to damages for non-economic damage in addition to your economic losses. These are losses that aren't quantifiable 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 in your life. Your lawyer will calculate all your losses to ensure that you get the compensation you deserve. This can take time particularly when multiple parties are at fault for the incident. However, a knowledgeable New York truck accident attorney can help you settle your claim quickly and fairly. The Value of Your Case Several factors influence the value of your 18-wheeler accident case. Two primary ones are the fault and damages. The importance of fault is that it determines the amount of compensation you are entitled to. In Texas, you are only entitled to compensation if the driver who caused the accident was at least 50% accountable for your accident. Your attorney may use evidence, however, to demonstrate that you were not as culpable as the other party. This could increase the amount you receive from your settlement substantially. Another factor that influences your potential amount of compensation is the severity of your losses and injuries. Injuries sustained in a collision with an 18-wheeler can be far more serious than injuries sustained in a car crash. Trucks can weigh up 85,000 pounds, and the force that they generate is greater than that which the average car driver can handle. The most serious injuries incurred in an accident involving a huge truck may result in settlements of a million dollars or more. You can 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 among other things. It is often difficult to quantify these damages however our attorneys have extensive experience in providing the best evidence of the actual financial impact of your crash. The Time It Takes to Receive the Settlement When you make a claim for personal injury after 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 work with medical experts to determine the extent of your injuries, which include current and future medical expenses and lost wages. The settlement will also cover non-economic damages that are difficult to quantify. Your lawyer will prepare the release forms that you have to sign when the settlement has been reached. Once you sign them, the insurance company will process your case and issue an amount agreed upon. The process can take anywhere from up to up to a month for various reasons, including clerical errors and delays in the mail system. The percentage of fault that each party is responsible for in the incident will determine how long it will take to receive your settlement. If there was more than one person responsible, it could be necessary to determine who is accountable for the injuries. Your lawyer will guide you through the negotiation process and assist you reach an equitable settlement. If the insurance company refuses to negotiate with you, your lawyer will be prepared to file a lawsuit to secure a greater monetary settlement. How can a lawyer assist Over 100,000 accidents involving 18-wheelers result in injuries each year. Many of these accidents result in settlements or lawsuits in the millions of dollars. 18 wheeler accident lawyer skokie makes it big business for lawyers who specialize in litigating these cases. Trucking companies have teams of attorneys working every day and night to reduce claims, which means that victims need to 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 highest settlement. An experienced attorney will also be aware of the need to sue other liable parties for compensation in addition to the trucking company. It could be the vehicle manufacturer or the manufacturer if the accident was caused by defective or defective components. This could also include a retailer, distributor or manufacturer if the truck has been sold or stolen with no proper inspections or maintenance. A reputable attorney will ensure that the claim is made in a timely manner that includes future and past medical expenses, lost income, property damage, emotional trauma and suffering and pain. It is crucial to start a claim as fast as you can following the accident so that evidence is fresh and available. It gives the trucking company and their team of attorneys more time to prepare for trial and convince juror that the victim was responsible.