The Value of an 18 Wheeler Settlement
If an
greensboro 18 wheeler accident law firm wheeler rear-ends your vehicle, you might be able to bring an claim against the truck driver and their employer. The nature and severity of your injuries will determine the value of your settlement.
You may also be able to recover damages if you suffer a loss of income. However, you should wait until your doctor confirms that your injuries will cause lasting consequences.
Compensation for injuries
The value of an 18 wheeler collision settlement is determined by how severely a victim was injured. Injuries from truck accidents are generally far more severe than car crash injuries and the resulting damages typically reflect this. The amount of compensation paid to victims is based on a variety of factors.
Medical costs are an important 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 expenses to and from your doctor's appointment. The loss of income is a different factor and so is the impact of the accident on your life quality. If your injuries are likely to hinder your future employment, you could include this in your compensation claim.
It is not uncommon for victims to recover hundreds of thousands, or even millions of dollars from an 18 wheeler or truck settlement for an accident. These settlements are greater than what would be awarded in a typical automobile accident, and a lot of them break records.
Our lawyers will investigate any party that could be accountable for your losses. This includes the truck driver or their company, as well any third party companies that may be a factor in the incident. Loading companies, for example could be held accountable when they do not properly pile or over-load cargo onto the trailer. If the accident was caused by defective parts of the truck or vehicle, you may also make a claim against the manufacturer and/or the distributor.
Damages for pain and suffering
Apart from the economic loss victims can also claim compensation for suffering and pain. This refers to the psychological and emotional trauma caused by an injury. It is difficult to quantify, which makes it a vital part of your claim. Our lawyers will work to calculate your non-economic loss so that you can receive an appropriate settlement for your injuries.
Some victims suffer from long-lasting, debilitating injuries that last for a long time. The medical expenses and the future losses of the victims are likely to be substantial. Experts like economists or medical professionals aid in calculating the damages. Insurance companies may attempt to minimize these losses by arguing that your medical conditions didn't arise from the crash, but that they existed before. Our team will rebut these claims to get you the compensation you deserve.
Sometimes there are multiple parties that could be at fault for an 18-wheeler collision. The company that employs the driver can also be held responsible. If the truck was not correctly loaded and the accident resulted from it the loading company may be held liable.
It could seem as if it takes a long time to settle a truck accident case. However, it's important to understand that you should not settle a personal injury claim until you reach your maximum medical improvement (MMI). If you settle too early you could accept a settlement which is not enough compensation for
Vimeo.com your injuries.
Damages for Economic Loss
While it is possible to recover damages for past, current and future medical expenses however, the largest damage in cases involving truck accidents are based on your financial losses. This includes the loss of wages, property damage, and the cost to repair or replace your vehicle and other things that you have lost in the accident.
Due to the size and weight of these vehicles, they aren't able to maneuver as easily as passenger vehicles to avoid crashes. Rear-end collisions can be more dangerous because trucks require longer to stop. The resultant impact could be catastrophic and life-changing.
Insurance providers and trucking companies will do everything to limit their liability to the victim's damage. This involves engaging in negotiations to try to extend the time limit for filing lawsuits.
A knowledgeable attorney can help you fight these tactics and get the most money for your injuries.
Laws governing comparative negligence can affect the final settlement or verdict if more than one party is accountable for an accident. However, your attorney has the expertise and experience to determine all parties liable and seek to pursue claims against them on behalf of you. This increases the odds of receiving the maximum amount you deserve. Call Kaine Law today to schedule a free consultation. Our lawyers will review your case, explain your legal options and discuss the potential worth of your truck accident claim.
Damages for Non-Economic losses
While a lot of accidents can be resolved outside of court without trial, this isn't always possible with trucking companies or their insurance providers. The complex nature of these cases and the nature of the injuries often mean that a lawsuit has to be filed for victims to receive a fair amount of compensation.
Our firm has the resources to pursue the most favorable settlement possible for your case. We will call in experts to conduct reenactments of accidents and employ other methods to establish the severity of your injuries in court. This can include vocational and medical experts and economic loss specialists who will determine the value of your future and past damages.
In addition, we may also consider other parties responsible for their part in the accident's cause. This is especially the case if the other party failed to meet its legal obligations, such as by not maintaining a truck or hire qualified driver.
We can also file claims against the trucking company who employed the driver or when it was owned by another party. Trucking companies may be held accountable for a variety of reasons, such as requiring their drivers to work unreasonable hours or reducing costs by not executing regular maintenance on their trucks. We may also file a claim against the manufacturer of the truck when it is proved that a defective part led to the collision.
