The Value of an 18 Wheeler Settlement
You could be eligible to file a claim if a 18-wheeler rear-ends you vehicle. The severity and nature of your injuries will determine the amount of your settlement.
You can also claim damages to compensate for future loss of income. However, you should wait until your doctor has confirmed that your injuries will cause lasting consequences.
Compensation for injuries
The severity of the victim's injuries determines the value of a settlement for an 18-wheeler collision. Accidents involving trucks often cause more serious injuries than car crashes and the repercussions that result are usually a reflection of this. However, the monetary amount of compensation that is awarded to victims is also contingent on a variety of other factors.
Medical expenses are a key element in determining the amount of a settlement following a trucking crash. This amount will cover the cost of previous and future treatments, as well as any transportation expenses to and from your doctor's appointment. The impact of the accident on the quality of your life and loss of income are other factors to consider. If your injuries will prevent you from working again, this can also be included in a demand for compensation.
In a settlement of a truck accident or 18-wheeler accident, victims can recover hundreds of thousands of dollars or even millions. These settlements are higher than those given in a typical auto accident, and a lot of them set records.
Our attorneys will investigate every party that could be responsible for your losses, including the truck driver as well as the company they work for, as well as any third-party companies that could have contributed to the accident. For example loading companies could be held accountable when they do not properly stack or overload cargo inside the trailer. Additionally, if an accident occurred because of defective parts of the vehicle or truck it is possible to make claims against the manufacturer or distributor of these products.
Damages for Suffering and Pain
In addition to the economic loss, victims can also claim compensation for their pain and suffering. This is the emotional and psychological distress that is caused by injury. It's difficult for you to quantify and thus an essential element of your claim. Our lawyers will work to estimate your non-economic losses so that you receive an appropriate settlement for your injuries.
Certain victims suffer from chronic and amputation that is debilitating. The medical expenses and the future losses of the victims are likely to be substantial. These damages are calculated with the aid of experts such as medical and economic experts. Insurance companies can attempt to limit the amount of losses they incur by arguing that your conditions did not arise from the crash, but that they existed beforehand. Our team will challenge these claims to get you the compensation you deserve.
Sometimes there are multiple parties that could be accountable for an 18-wheeler accident. Alongside the truck driver, the company that employs the driver could be held responsible. In the event that the truck was loaded improperly and this led to the crash and caused the crash, then the company that loaded it could be held responsible.
In the process of seeking a settlement in the event of a truck crash can seem to take forever. It is crucial to understand that you shouldn't settle a personal injury claim until you've reached your maximum medical improvement (MMI). Settling too soon means that you are accepting an offer which does not pay for your injuries.
Damages for Economic Loss
The most significant damage in a truck accident are the economic losses. This includes losses in wages, property damages as well as the cost to repair or replace your vehicle and other items that you were unable to replace during the accident.
Because of the size and weight of these vehicles, they cannot maneuver easily like cars for passenger use to avoid collisions. They take longer to stop, which makes rear-end collisions especially risky. The impact can be devastating and life-changing.
Insurance companies and trucking firms will do anything to reduce their liability for the victim's injuries. This involves the use of negotiations to try to extend the statute of limitations for filing an action.
An experienced lawyer can fight back against the tactics employed by these parties and help you receive the maximum amount of compensation for your injuries.
If more than one person was responsible for the accident the laws on comparative negligence could influence your final settlement or verdict. Your attorney will have the experience and expertise to identify all parties accountable and pursue claims on your behalf. This increases your chances of obtaining the maximum amount you're entitled to. Call Kaine Law today for a free consultation. Our lawyers will review and explain your case and legal options and the potential value of a truck accident claim.
Damages for non-economic losses
Companies that transport trucks and their insurance providers may not be able to settle disputes out of court. The complexity of these cases and the nature of the injuries usually mean that a lawsuit has to be filed in order for victims to receive a fair amount of compensation.
Our firm has the resources to secure the best settlement that is possible for your case. We'll bring in experts to conduct reenactments of accidents and utilize other methods to establish the extent of your losses in court. This may include vocational and medical experts and economic loss specialists who will determine the value of your future and past damages.
We could also hold others accountable if they are an element of the accident. 18 wheeler accident attorney springfield is especially the case if the other party failed to perform its legal obligations, for example by failing to maintain a truck or hire qualified driver.
We can also file a lawsuit against the trucking company who employed the driver or in the event that it was owned by another party. Trucking companies may be held liable for a range of reasons, such as requiring their drivers to work unreasonable hours or cutting costs by not executing proper maintenance of the truck. We can also bring a claim against the maker of the truck if it can be proven that a defect in a component led to a collision.