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What Are the Average 18 Wheeler Settlements? One of the most commonly asked questions that those who have been involved in truck accidents have is “What is the typical 18-wheeler settlements?” The amount you get in settlement depends on a number of factors. 18 wheeler accident attorney minnesota of your injuries and the extent of damages you have suffered are all factors to consider. What to Expect From the Settlement There are a variety of factors that can impact the value of a truck accident settlement. A few of them are the severity of your injuries, the amount of time required to heal, and your lost wages. Furthermore, your attorney might take into account future medical costs if you will require ongoing medical treatment because of your accident. This is typically based on the evidence of medical doctors or other professionals. In addition, your attorney will also take into consideration the cost of repairing or replace any property damaged in the crash. Generally speaking 18 wheeler settlements are generally significantly higher than standard auto accident settlements. Truck accidents are more likely to cause serious injuries than car accidents. It is not uncommon for the victims of truck accidents to incur damages that range from hundreds of thousands or even millions of dollars. In addition to the economic losses, you will also be entitled to compensation for non-economic damages. These aren't as quantifiable however they are just as important to your recovery. Non-economic losses may include pain and suffering and disfigurement or loss of enjoyment of your life. Your lawyer will be diligent to estimate all of your losses and ensure that you receive the proper compensation. This can take time particularly if several parties are responsible for the incident. However, a knowledgeable New York truck accident attorney can help you settle your claim quickly and fairly. What is the significance of Your Case? Many factors affect the value of your 18-wheeler accident case. Damages and fault are the two most important. Fault is important because it determines how much you are eligible to receive in compensation. In Texas the law states that you can only recover damages if the other party was at least 50% responsible for the accident. However, your attorney can use evidence to prove that the other party was more at fault than you were. This could increase your settlement amount significantly. The extent of your injuries or losses will also influence your payout. Injuries that result from an accident with an 18-wheeler are often more serious than injuries sustained in a car crash. Trucks can weigh up to 80,000 pounds and the force they generate is far more than what the average car driver can handle. Thus the most serious injuries that occur in an accident involving a huge truck could lead to substantial or even multi-million-dollar settlements. You may be able to recover damages not only for the medical expenses associated with your injuries, but also the impact of the crash on your quality of life. This can include pain and discomfort and loss of enjoyment in life, and loss of companionship. It can be difficult to quantify the non-economic losses However, our lawyers have extensive experience in making and presenting the strongest evidence of the actual financial impact of your accident. How is the time required to receive an amount of money? When you make a claim for personal injury after an accident with an 18-wheeler vehicle, it can take longer to settle than car accidents due to the seriousness of injuries that usually result from these crashes. Your lawyer will work closely with medical experts to determine the extent of your injuries, including current and future medical expenses as well as lost wages. Non-economic damages, which can be more difficult to calculate are also included in the settlement. Your lawyer will create the release forms you need to sign after the settlement has been reached. Once you have completed them, the insurance company will process your case and issue a check for the amount agreed upon. This process can take a few weeks or even a month depending on the circumstances. The amount of fault each party is accountable for in the incident will determine how long it will take to get your settlement. In cases where more than one party was responsible there is a possibility that the parties will have to negotiate about who is responsible for your injuries. Your lawyer will be able to assist you in the process and help you negotiate a fair settlement. If the insurance company is unwilling to negotiate with you, your attorney will be prepared to file a lawsuit to obtain a higher monetary settlement. How can a lawyer help? More than 100,000 accidents that involve 18-wheelers cause injuries each year. Many of these accidents lead to settlements or lawsuits worth millions of dollars. This makes it big business for lawyers who specialize in litigating these cases. A trucking company has a team made up of lawyers who work around all hours to limit claims. Victims need an experienced lawyer to represent them. A lawyer can help victims to gather evidence and negotiate their case with insurance companies and even argue in court for the highest settlement. An experienced attorney will also be aware of whether they should pursue other responsible 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. It could also include the retailer or distributor in the event that the truck was stolen or sold without proper inspections and maintenance. A good attorney will ensure that the damages are accurately claimed, including past and future medical expenses, lost income and property damage, as well as emotional trauma, and suffering and pain. It is important to make your claim as quickly after the incident as you can to ensure that all evidence remains fresh. In the meantime, the trucking firm and their legal team more time to prepare for the trial and convince a jury that the victim was at fault.