The Value of an 18 Wheeler Settlement
You could be eligible to file an appeal if a car with an 18-wheeler rear-ends your vehicle. The amount you will receive will be determined by the severity and nature your injuries.
You may also be able to recover damages if you lose future income. You should wait until a doctor determines that your injuries are permanent.
Compensation for injuries
The value of an 18-wheeler accident settlement is determined by the extent to which the victim was injured. Truck accidents often result in more serious injuries than car accidents and the damages that result are usually a reflection of this. However, the monetary amount of compensation that is awarded to victims will also depend on a variety of other aspects.
Medical expenses are a crucial factor in determining the value of a trucking accident settlement. The cost of both past and future treatments will be taken into account in calculating the amount, that could include any transportation costs to and from appointments with your doctor. The loss of income is a different factor, as is the impact of the accident on your quality of life. If your injuries prevent you from working for the foreseeable future it can be incorporated into a claim for compensation.
In a settlement of a truck accident or 18-wheeler accident, victims can receive hundreds of thousands of dollars or even millions. These sums are significantly higher than what one would receive in a normal car crash and many settlements exceed records.
Our lawyers will investigate any individuals who might be responsible for your losses. This includes the truck driver and their company as well as any third party businesses that could have contributed to the accident. For instance, loading companies can be held liable when they do not properly stack or overfill the cargo in the trailer. If the accident was caused by defective vehicle or truck parts, you can also bring a claim against the manufacturer or distributor.
Damages for Pain and Suffering
In addition, to economic losses victims can also seek compensation for the pain and suffering they have endured. This refers to the psychological and emotional trauma resulted from an injury. It's a challenge to quantify and thus an essential element of your claim. Our lawyers will calculate your non-economic losses to ensure you receive an appropriate settlement for your injuries.
Some victims suffer from persistent and debilitating injuries. The medical costs and future losses of the victims are likely to be substantial. Experts such as economists, or medical professionals help calculate these damages. Insurance companies can attempt to limit these losses by arguing that your condition did not result from the crash, but rather that they existed prior to. Our team will fight these claims and ensure that you receive the compensation you are due.
Sometimes there are multiple parties that could be at fault for an 18-wheeler accident. In addition to the driver of the truck and the company that employs him or her could be held responsible. If the truck was not properly loaded and the crash resulted from it the loading company may be held accountable.
It can seem like it takes a long time to settle a truck accident case. It is vital to know that you should not settle a personal injury case until you reach the maximum medical improvement (MMI). If you settle too quickly you could accept an offer which is not enough compensation for your injuries.
Damages for Economic Loss
The most significant losses in a truck accident are the economic losses. This includes lost wages, property damages as well as the cost to repair or replace your vehicle as well as other items that you lost in the accident.
Trucks are heavier and bigger than passenger vehicles. They are not able to maneuver around to avoid collisions. Rear-end collisions can be more dangerous because trucks slow down more to stop. 18 wheeler accident settlement allen that results can be catastrophic and life-changing.
Insurance companies and trucking companies will do whatever it takes to minimize their liability for injuries suffered by the victim. This includes engaging in negotiations in an attempt to pass the statute of limitations for filing a lawsuit.
An experienced attorney can fight back against the tactics employed by these parties and ensure you receive the maximum amount of compensation for your injuries.
Laws governing comparative negligence can affect the final settlement or verdict in the event that more than one party is responsible for an accident. Your attorney will have the knowledge and experience to identify all liable parties and pursue claims against them on your behalf. This increases your chances of receiving the full amount you are entitled to. Contact Kaine Law today for a no-cost consultation. Our attorneys will review and explain your case and legal options and the potential worth of a truck crash claim.
Damages for non-economic losses
While a lot of accidents can be resolved outside of court without trial, it is not always possible with trucking companies or their insurance providers. In many instances, the severity of the injuries and the complexity of the case indicates that a lawsuit is necessary to ensure victims receive fair compensation.
Our firm has the resources necessary to ensure the highest settlement for your case. We will bring in experts to conduct accident reenactments and utilize other methods to demonstrate the extent of your damages in court. This could include vocational and medical experts as well as economic loss specialists who will determine the value of your past and future damages.
We can also hold other parties responsible if they played an element of the accident. This is especially the case if the other party was unable to meet its legal obligations, for example by failing to maintain an appropriate truck or hire a qualified driver.
We may also file claims against the trucking company that employed the driver or in the event that it was owned by another entity. Trucking companies could be held accountable for a variety of reasons, such as forcing their drivers to work unnecessarily long hours or reducing expenses by not performing proper maintenance on the vehicle. We can also pursue an action against the company that made of the truck when it is established that a defective component caused an accident.