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The Value of an 18 Wheeler Settlement You could be eligible to file claims if a vehicle with 18 wheels rear-ends your vehicle. The severity and nature of your injuries will determine the value of your settlement. You may also be able to recover damages if you are unable to earn future income. However, you should wait until your doctor has confirmed that your injuries will cause lasting consequences. Compensation for Injuries The value of an 18 wheeler accident settlement is determined by the extent to which a victim was injured. Injuries sustained in truck accidents are generally much more severe than injuries sustained in car crashes, and the resulting damages often reflect this. However, the monetary amount of compensation that is awarded to victims will also be contingent on a variety of other factors. Medical expenses are a crucial factor in determining value of a settlement for a trucking accident. This amount will cover the cost of any previous and future treatments in addition to any transportation costs to and from your doctor's appointment. The consequences of the accident for the quality of your life as well as loss of income are also factors to consider. In the event that your injuries could hinder the possibility of a job in the future, you may include this in your compensation claim. It is not uncommon for victims to recover hundreds of thousands, or even millions of dollars in a truck or 18 wheeler settlement after an accident. The settlements are more than the ones awarded in a typical automobile accident, and a lot of them set records. Our attorneys will investigate any party that could be accountable for your loss. This includes the truck driver and their company as well as any other third-party companies that may be a factor in the incident. For instance loading companies could be held accountable for their actions when they stack or overfill the cargo in the trailer. If the accident was caused by faulty parts of the truck or vehicle, you can also make a claim against the distributor and/or manufacturer. Damages for pain and suffering In addition to economic losses victims can also claim compensation for their pain and suffering. This refers to the emotional and psychological distress caused by an accident. It is difficult to quantify, which is why it is an essential element of your claim. Our lawyers will estimate your non-economic damages to ensure you get a fair settlement for your injuries. Some victims suffer from long-lasting, permanent injuries that last for a long time. Their medical bills and expenses are likely to be significant. These damages are calculated using the aid of experts such as medical experts and economists. Insurance companies could try to reduce the amount of your losses by saying the accident didn't cause your condition, but that it existed prior to. Our team will fight these claims and ensure that you receive the compensation you deserve. Often it is the case that more than one person can be held responsible in the event of an accident involving an 18-wheeler. The company who employs the driver may also be held responsible. If the truck was improperly loaded and the accident was the result of this, the loading company could be held accountable. It could seem as if it takes a long time to settle a truck crash case. But, it is crucial to realize that you shouldn't settle a personal injury claim until you reach the maximum medical improvement (MMI). If you settle too early, it means you're accepting a deal that does not adequately compensate you for your injuries. Damages for Economic Loss While it is possible to obtain damages for past, present and future medical bills, the most significant damages in truck accident cases are based on your economic losses. These include lost wages, property damage, and the cost of fixing or replacing your vehicle and any other property you lost in the accident. Because of the weight and size of these vehicles, trucks cannot be maneuvered as easily as cars for passenger use to avoid collisions. They take a longer time to stop, making rear-end collisions especially risky. The impact can be catastrophic and life-altering. Insurance companies and trucking companies will do anything to reduce their liability for injuries suffered by the victim. This includes dragging out negotiations to try and pass the statute for filing a suit. An experienced lawyer can assist you in fighting these tactics and get the maximum compensation for your injury. If more than one person was at fault for the accident and the law on comparative negligence may impact your final settlement or verdict. Your lawyer will have the experience and expertise to identify all parties accountable and pursue claims on your behalf. This will increase the chances of you receiving the full amount that you are entitled to. Contact Kaine Law for a complimentary consultation today. Our lawyers will examine and explain your case as well as your legal options and the potential value of a claim. Damages for Non-Economic Losses Trucking companies and their insurance providers might not be able to settle disputes outside of court. In many cases, the severity of the injuries and the complexity of the case means that a lawsuit is necessary to ensure victims get fair compensation. Our firm has all the resources needed to advocate for you and get the best settlement for your case. We'll bring in experts to conduct reenactments of accidents as well as other methods to show the extent of your damages in court. This may include vocational and medical experts and economic loss specialists that can determine the worth of your past and future damages. In addition, we may also consider other parties responsible for their part in the causes of the crash. This is especially true if they failed to fulfill their legal obligations, for instance, by failing to maintain the truck or employ qualified drivers. You can also file a claim against the trucking company that employed the driver or if the firm was owned by a third party. Trucking companies could be held liable for a range of reasons, such as requiring their employees to work long hours or reducing costs by not executing proper maintenance on the truck. 18 wheeler accident lawyer denton may also file an action against the manufacturer of the truck if it can be established that a defective component led to an accident.