The Value of an 18 Wheeler Settlement
You could be eligible to file claims if a vehicle with 18 wheels rear-ends you vehicle. The nature and severity of your injuries will determine the amount of your settlement.
You can also recover damages if you suffer a loss of income. However, you should wait until your doctor is able to confirm that your injuries have permanent effects.
Compensation for injuries
The value of an 18-wheeler accident settlement is determined by how badly the victim was injured. Truck accidents usually cause more serious injuries than car accidents and the damage that follow are usually the result of this. However, the amount of compensation paid to victims will depend on a variety of other factors.
Medical expenses are a key factor in determining the settlement in the event of a trucking accident. The amount will include the cost of your previous and future treatments and any transportation costs to and from your doctor's appointment. The loss of income is a different factor, as is the impact of the accident on your quality of life. If your injuries hinder you from working in the near future this could be included in a demand for compensation.
In a settlement involving an 18-wheeler accident or truck accident, victims could receive hundreds of thousands of dollars and even millions. These sums are significantly higher than the amount that would be recouped in a normal car crash, and many of these settlements break records.
Our attorneys will investigate any other parties that might be responsible 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 liable for their actions if they incorrectly pile or overfill cargo on the trailer. If the accident was caused by defective components of the truck or vehicle you may also make a claim against the distributor and/or manufacturer.
Damages for Suffering and Pain
In addition to economic losses victims can also claim compensation for their pain and suffering. This is a reference to the emotional and psychological anxiety that comes from an accident. It's difficult to quantify, which is why it is an essential component of your claim. Our lawyers will determine your loss from non-economics so that you receive an appropriate settlement for your injuries.
Certain victims suffer from chronic and severe injuries. The medical costs and future losses of the victims are likely to be substantial. These damages are calculated with the help of experts such as medical experts and economists. 18 wheeler accident law firm aurora can try to minimize these losses by arguing your ailments did not stem from the crash, but rather that they existed beforehand. Our team will fight against these claims to get you the compensation you deserve.
In most cases there are multiple parties that could be held accountable for an accident involving an 18-wheeler. The company that employs the driver can also be held accountable. If the truck was incorrectly loaded and the accident was the result of this the loading company could be held accountable.
It may seem like it takes a long time to settle a truck accident case. However, it is important to recognize that you should not settle a personal injury claim until you reach maximum medical improvement (MMI). If you settle too early, it means you're accepting a deal that doesn't adequately compensate you for your injuries.
Damages for Economic Loss
While it is possible to recover damages for past, current and future medical expenses but the most significant damages in truck accident cases are based on the economic losses. This includes lost wages, property damage and the expense to repair or replace your vehicle as well as other items that you lost during the accident.
Because of the size and weight of these vehicles, they cannot be maneuvered as easily as automobiles to avoid accidents. Rear-end collisions are more risky because trucks slow down more to stop. The impact that results can be devastating and life-altering.
Insurance companies and trucking companies will do anything to reduce their liability for the injuries of the victim. This can include trying to negotiate to pass the law for filing a lawsuit.
An experienced lawyer can assist you in fighting these tactics and get the maximum amount of compensation for your injury.
If more than one person was responsible for the collision the law of comparative negligence could impact your final settlement or verdict. However, your lawyer will have the knowledge and experience to identify all liable parties and make claims against them on your behalf. This increases the odds of receiving the full amount that you are entitled to. Call Kaine Law for a free consultation today. Our attorneys will review your case, explain your legal options and discuss the potential worth of your truck crash claim.
Damages for non-economic losses
Companies that transport trucks and their insurance providers may not always be able to settle cases outside of court. In many instances, the seriousness of the injuries and the complicated nature of the situation mean that a lawsuit is necessary to ensure victims get fair compensation.
Our firm has the resources to secure the best settlement possible for your case. We will use experts to recreate the events of your accident and other methods to prove your losses. This may include medical and vocational experts, as well economic loss specialists who can determine what your losses in the past and the future could be worth.
Additionally, we could also consider other parties responsible in the event that they contributed to the accident's cause. This is especially true when the other party failed to comply with its legal obligations, as by failing to maintain an appropriate truck or hire a qualified driver.
We can also file a lawsuit against the trucking company that employed the driver or if it was owned and operated by another entity. Trucking companies may be held liable for a range of reasons, such as requiring their employees to work unreasonably long hours or reducing costs by not conducting proper maintenance on the truck. We can also file a claim against a manufacturer of trucks if a defective component is found to cause a collision.