The Value of an 18 Wheeler Settlement
You may be able to make 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 may also seek damages if you are unable to earn future income. But, you must wait until your doctor is able to confirm that your injuries will have permanent effects.
Compensation for injury
The degree of the injury determines the value of a settlement for an 18-wheeler collision. Truck accidents usually cause more serious injuries than car crashes and the damage that result are usually the result of this. The amount of compensation awarded to victims depends on a variety of factors.
Medical costs are an essential factor in determining the value of a settlement for a trucking accident. The cost of past and future treatments will be considered in calculating the amount, which may include transportation costs for appointments with your doctor. Loss of income is another factor, as is the impact of the accident on your lifestyle. If your injuries prevent you from working for the foreseeable future and you are unable to work, this may be included in a claim for compensation.
It is not unusual that victims receive hundreds of thousands and even millions of dollars in the form of a truck or an 18 wheeler settlement after an accident. These figures are far greater than what would be recovered in a normal car crash and many settlements exceed records.
Our attorneys will investigate all parties that could be responsible for your losses, which includes the truck driver and the company they are employed for, and any third-party businesses that may have contributed to the accident. For example loading companies can be held accountable when they do not properly stack or overfill the cargo in the trailer. In addition, if the accident was caused by defective truck or vehicle parts it is possible to bring claims against the maker and/or distributors of these products.
Damages for Suffering and Pain
In addition to financial losses victims may also seek compensation for their pain and suffering. This refers to the psychological and emotional trauma caused by an injury. It's difficult to quantify, which makes it a vital part of your claim. Our lawyers will assess your non-economic losses, ensuring that you receive an appropriate settlement for your injuries.
Some victims have long-lasting and debilitating injuries that last for a long time. The medical expenses and the future losses of the victims are likely to be substantial. These damages are calculated with the help of experts like medical and economic experts. Insurance companies can attempt to limit the amount of losses they incur by arguing that your medical conditions didn't arise from the crash, but that they existed prior to the crash. Our team will combat these claims to get you the compensation that you deserve.
In most cases there are multiple parties that is held responsible for an accident involving an 18-wheeler. Alongside the truck driver the company who employs the driver could be held accountable. If the truck was not properly loaded and the crash resulted from that the loading company could be held liable.
It can appear that it takes forever to settle a truck accident case. It is crucial to understand that you shouldn't settle a personal-injury claim until you've reached the point of maximum medical improvement (MMI). If you settle too quickly, you will accept an offer that is not adequate compensation for your injuries.
18 wheeler accident law firm buena park for Economic Loss
While it is possible to get compensation for past, current and future medical expenses but the most significant damage in cases involving truck accidents are based on the economic losses. This includes losses in wages, property damages, and the cost to repair or replace your vehicle and other things you've lost in the accident.
Due to the weight and size of these vehicles, they aren't able to maneuver as easily as cars for passenger use to avoid collisions. Rear-end collisions are more dangerous because trucks slow down more to stop. The resulting impact can be devastating and life-altering.
Insurance companies and trucking companies will do everything they can to limit their liability for the victim's losses. This can include engaging in negotiations to try and pass the statute for filing a suit.
An experienced attorney can defend you against the tactics employed by these parties and ensure you get maximum compensation for your injuries.
The laws governing comparative negligence may affect the final settlement or verdict in the event that more than one party is at fault for a collision. Your attorney will have the knowledge and experience to identify the parties responsible and make claims against them on behalf of you. This will increase your chances of obtaining the maximum amount you deserve. Call Kaine Law today for a free consultation. Our attorneys will analyze your case, explain your legal options, and discuss the potential benefits of your truck accident claim.
Damages for Non-Economic Loss
While a lot of accidents can be resolved outside of court without a trial, this isn't always possible with trucking companies or their insurance providers. In a lot of cases, the severity of the injuries and the complex nature of the case mean that a lawsuit is necessary to ensure victims receive a fair amount of compensation.
Our firm has the resources needed to defend you and secure the most favorable settlement for your case. We will call in experts to conduct accident reenactments as well as other methods to prove the severity of your losses in court. This could include medical or vocational experts, as well as economic loss specialists who will determine what your past and future losses could be worth.
In addition, we may also find other parties to be responsible for their part in the incident. This is particularly relevant if they failed to meet their legal obligations, like not maintaining the truck or employ qualified drivers.
We can also file claims against the trucking company who employed the driver or when it was owned by another party. Trucking companies could be held accountable for a variety reasons like forcing their employees to work in unreasonable hours or reducing costs through not performing the proper maintenance on the vehicle. We can also bring a claim against the manufacturer of the truck if it can be established that a defect in the component caused the collision.