The Value of an 18 Wheeler Settlement

If an 18 wheeler rear-ends your vehicle, you may be able to file claims against the truck driver and their employer. The severity and nature of your injuries will determine the value of your settlement.

You can also recover damages to compensate for future loss of income. However, you should wait until your doctor confirms that your injuries will have permanent consequences.

Compensation for Injury

The value of an 18-wheeler accident settlement is determined by the extent to which the victim was injured. Injuries in truck accidents are generally much more severe than car crash injuries and the resulting damages often reflect this. However, the amount of compensation paid to victims will depend on a variety of other factors.

Medical costs are an essential factor in determining value of a trucking injury settlement. The cost of previous and future treatments will be taken into account when calculating this amount which may include transport costs to and from appointments with your doctor. Lost income is another aspect to consider, as is the impact of the accident on your lifestyle. If your injuries will prevent any future employment, you are able to include this in your compensation claim.

In a settlement for a truck accident or 18 wheeler accident-wheeler accident, victims could recover hundreds of thousands of dollars, and even millions. These settlements are higher than those that would be paid in a typical car accident, and some of them break records.

Our attorneys will investigate any other parties that could be accountable for your losses. This includes the truck driver and lawsuits their company as well as any other third-party businesses that could have contributed to the accident. For instance loading companies can be held liable for their actions when they stack or overload cargo inside the trailer. If the accident was caused by defective components of the truck or vehicle you can also make a claim against the manufacturer and/or distributor.

Damages for Pain and Suffering

In addition to the economic loss victims can also claim compensation for their pain and suffering. This is a reference to the emotional and psychological distress caused by an accident. It is difficult to quantify, which makes it an essential component of your claim. Our lawyers will determine your non-economic damages to ensure you receive a fair settlement for your injuries.

Some victims suffer from persistent and amputation that is debilitating. Their medical bills and losses are likely to be substantial. Experts such as economists or medical professionals help calculate the damages. Insurance companies may try to reduce your losses by claiming that the accident didn't cause your condition, but that it existed before. Our team will fight these claims and help you get the compensation you are due.

In most cases more than one party could be held accountable for an accident that involves an 18-wheeler. The company who employs the driver may also be held responsible. If the truck was incorrectly loaded and the accident was the result of this the loading company could be held accountable.

In the process of seeking a settlement in a truck crash case can seem to take forever. It is important to know that you shouldn't settle your personal injury claim until you have reached maximum medical improvement (MMI). If you settle too soon you may accept an offer that isn't enough compensation for your injuries.

Damages for Economic Loss

The most significant damage in a crash involving a truck are your 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 much heavier and bigger than passenger vehicles. They are not able to maneuver around to avoid collisions. Rear-end collisions are more risky because trucks require longer to stop. The resultant impact can be devastating and life-altering.

Insurance providers and Lawsuits trucking companies will do everything they can to minimize their responsibility for the victim's losses. This includes engaging in negotiations in an attempt to pass the statute of limitations for filing lawsuits.

An experienced attorney can help you fight these tactics and ensure you receive the most money for your injury.

The law on comparative negligence can impact the final settlement or verdict if more than one party is accountable for an accident. However, your lawyer will have the knowledge and experience to determine all liable parties and take legal action against them on behalf of you. This increases your chance of getting the full amount you're entitled to. Call Kaine Law today for a no-cost consultation. Our attorneys will analyze your case, explain your legal options and discuss the potential worth of your truck accident claim.

Damages for non-economic losses

Insurance companies and trucking companies providers may not be able to settle cases out of court. In many cases, the severity of the injuries and the complexity of the case indicates that a lawsuit is required to ensure victims receive fair compensation.

Our firm has the resources necessary to pursue the most favorable settlement that is possible for your case. We will bring in experts to conduct accident reenactments and use other methods to show the extent of your losses in court. This could include vocational and medical experts, as well as economic loss specialists that can determine the value of your future and past damages.

Additionally, we could also consider other parties responsible when they contributed to the cause of the crash. This is especially applicable if they did not meet their legal obligations, for example, not maintaining the truck or employ qualified drivers.

We can also file claims against the trucking company that employed the driver or if it was owned and operated by another party. Trucking companies could be held accountable for a variety of reasons, such as requiring their employees to work long hours or reducing costs by not conducting regular maintenance on their trucks. You can also pursue a claim against the maker of the truck if it is proven that a defect in a component led to the collision.