The Value of an 18 Wheeler Settlement

You may be able make an claim if an 18 wheeler accidents-wheeler rear-ends your vehicle. The value of your settlement will be determined by the severity and nature of your injuries.

You can also seek damages for lost income in the future. However, you should wait until your doctor has confirmed that your injuries have permanent effects.

Compensation for injuries

The severity of the injury suffered by the victim determines the amount of a settlement following an 18-wheeler wreck. Truck accidents usually cause more serious injuries than car crashes, and the damages which follow are often due to this. The amount of compensation that is paid to victims is based on many factors.

Medical expenses are a key aspect in determining a settlement following a trucking crash. This amount will cover the cost of your previous and future treatments and any transportation expenses to and from your doctor's appointment. Loss of income is another factor as is the effect of the accident on your lifestyle. If your injuries could hinder future employment, you can include this in your compensation claim.

In a settlement of a truck accident or 18-wheeler accident, victims could recover hundreds of thousands of dollars and even millions. These figures are far greater than what would be recovered in a typical car crash and a lot of these settlements break records.

Our attorneys will investigate any party that could be accountable for your loss. This includes the truck driver or their company, as well any other third-party companies that may have contributed to the incident. For example loading companies could be held accountable if they improperly stack or overload cargo inside the trailer. If the accident was caused by faulty parts of the truck or vehicle, you may also make a claim against the manufacturer and/or distributor.

Damages for suffering and pain

In addition to economic losses, victims may claim compensation for suffering and pain. This refers to the psychological and emotional distress caused by a trauma. It's difficult for you to quantify and thus an important element of your claim. Our lawyers will work to estimate your economic loss in order to receive an appropriate amount of compensation for your injuries.

Some victims suffer from a long-lasting and debilitating injuries. Their medical costs and future expenses are likely to be significant. Experts such as economists, or medical professionals help calculate the amount of damages. Insurance companies can attempt to limit the amount of losses they incur by arguing that your conditions did not arise from the crash, but rather that they existed beforehand. Our team will fight against these claims and ensure that you receive the compensation you deserve.

Often more than one party is held responsible in the event of an accident involving an 18-wheeler. In addition to the driver of the truck the company who employs the driver could be held accountable. If the truck was not correctly loaded and the crash resulted from it, the loading company could be held accountable.

It can appear that it takes forever to settle a truck accident case. It is important to know that you shouldn't settle your personal injury claim until you have reached maximum medical improvement (MMI). Doing so too soon could mean that you're accepting an offer which does not pay for your injuries.

Damages for Economic Loss

The most significant damage in a truck accident case are your economic losses. These include the loss of wages along with property damage, the cost of fixing or replacing your vehicle as well as any other things you may have lost in the accident.

Trucks are heavier and bigger than passenger vehicles. They aren't able to easily move around to avoid collisions. Rear-end collisions are more risky because trucks slow down more to stop. The impact could be devastating and even life-altering.

Insurance providers and trucking companies will do everything they can to minimize their liability to the victim's damage. This includes negotiation in an attempt to pass the statute of limitations for filing lawsuits.

An experienced attorney will assist you in fighting these tactics to ensure that you receive the maximum amount of compensation for your injury.

If more than one party was responsible for the accident, comparative negligence laws may impact your final settlement or verdict. But, your attorney will have the knowledge and experience to identify all liable parties and pursue claims against them on behalf of you. This increases your chances of obtaining the amount you're entitled to. Contact Kaine Law for a no-cost consultation today. Our attorneys will review your case, discuss your legal options, and discuss the potential benefits of your truck accident claim.

Damages for Non-Economic Loss

Companies that transport trucks and their insurance providers might not be able to settle cases outside of court. In a lot of instances, the seriousness of the injuries and the complicated nature of the situation mean that a lawsuit is required to ensure that victims receive a fair amount of compensation.

Our firm has the resources to fight for you and get the best settlement for your case. We will bring in experts to conduct accident reenactments and use other methods to establish the severity of your losses in court. This may include vocational and medical experts, as well as economic loss specialists who can determine the value of your past and future damages.

In addition, we may also find other parties to be responsible if they contributed to the cause of the crash. This is especially true when the other party failed to meet its legal obligations, such as by failing to maintain an appropriate truck or hire a qualified driver.

We may also file a claim against the trucking company which employed the driver, or if it was owned by another entity. Trucking companies can be held accountable for a variety of reasons, which include requiring their drivers to work unreasonable hours or cutting costs by not carrying out proper maintenance of the truck. You can also pursue an action against the company that made of the truck if it can be proven that a defect in a component caused an accident.