The Value of an 18 Wheeler Settlement
You may be able to file claims if a vehicle with 18 wheels rear-ends you vehicle. The amount of your settlement will be determined by the severity and nature of your injuries.
You can also claim damages for lost income in the future. It is best to wait until the doctor has confirmed that your injuries are permanent.
Compensation for injury
The severity of the victim's injuries determines the amount of a settlement for an 18-wheeler crash. Accidents involving trucks often cause more serious injuries than car crashes and the damage that follow are often an indication of this. The amount of compensation that is awarded to victims depends on a variety of factors.
Medical costs are an important aspect in determining the worth of a settlement for a trucking accident. The cost of previous and future treatments will be taken into account when calculating this amount, which can include any transportation costs for appointments with your doctor. The consequences of the accident for the quality of your life and loss of income are also elements to be taken into consideration. If your injuries will prevent 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 in the form of a truck or an 18 wheeler settlement for an accident. These settlements are higher than those awarded in a typical automobile accident, and some of them set records.
Our lawyers will investigate any parties who could be accountable for your loss. This includes the truck driver or their company, as well any other third-party companies that may have contributed to the accident. For instance, loading companies could be held liable if they improperly pile or over-load cargo onto the trailer. Additionally, if an accident was caused by faulty parts of the vehicle or truck it is possible to claim compensation against the manufacturer and/or distributor of these products.
Damages for pain and suffering
In addition to economic losses victims may also seek compensation for the pain and suffering they have endured. This refers to the psychological and emotional distress caused by an injury. It's hard to quantify, which is why it is an essential part of your claim. 18 wheeler accident lawsuit lorain will determine your non-economic losses, ensuring that you get an appropriate settlement for your injuries.
Some victims suffer long-lasting and debilitating injuries. Their medical bills and losses will likely to be significant. Experts such as economists, or medical professionals can help calculate these damages. Insurance companies can attempt to limit these losses by arguing your medical conditions didn't arise from the crash, but that they existed prior to. Our team will fight against these claims and get you the compensation you deserve.
In most cases there are multiple parties that could be held accountable in the event of an accident involving an 18-wheeler. The company that employs the driver can also be held accountable. If the truck was not correctly loaded and the crash resulted from it then the loading company could be held liable.
The process of negotiating a settlement for an accident involving a truck may seem to take forever. 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 soon you may accept a settlement offer that is not adequate compensation for your injuries.
Damages for Economic Loss
While it is possible to obtain damages for past, current and future medical bills The most significant damage in cases involving truck accidents are based on the 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 during the accident.
Because of the size and weight of these vehicles, they cannot maneuver easily like cars for passenger use to avoid collisions. Rear-end collisions are more dangerous because trucks take longer to stop. The resultant impact could be catastrophic and life-altering.
Insurance companies and trucking firms will do anything to minimize their liability for injuries suffered by the victim. This includes the use of negotiations to try and pass the statute for filing a lawsuit.
An experienced attorney will assist you in fighting these tactics and get the most money for your injuries.
Laws governing comparative negligence can affect the final settlement or verdict in the event that more than one party is responsible for the collision. Your attorney has the experience and know-how to identify all parties responsible and pursue claims on your behalf. This will increase the chance of receiving the full amount you are entitled to. Contact Kaine Law for a free consultation today. Our lawyers will examine your case, explain your legal options, and discuss the potential value of your truck accident claim.
Damages for Non-Economic losses
Trucking companies and their insurance providers may not be able to settle disputes out of court. In many instances, the seriousness 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 all the resources required to defend you and secure the most favorable settlement for your case. We will bring in experts to conduct accident reenactments and utilize other methods to demonstrate the severity of your losses in court. This could include medical and vocational experts, along with economic loss specialists who can determine the value of your losses in the past and the future could be worth.
In addition, we can also consider other parties responsible if they contributed to the causes of the crash. This is especially true if the other party was unable to perform its legal obligations, for example by failing to maintain the truck or employ a qualified drivers.
We can also file claims against the trucking company who employed the driver or if it was owned and operated by another party. Trucking companies could be held liable for a range of reasons, such as requiring their employees to work long hours or reducing costs by not carrying out regular maintenance on the truck. We can also assert a claim against the truck manufacturer if a deficient part is proved to cause an accident.