The Value of an 18 Wheeler Settlement
If an 18 wheeler rear-ends your vehicle, you may be able to bring a claim against the truck driver and their employer. The severity and nature of your injuries will determine the value of your settlement.
You can also recover damages for lost income in the future. However, you should wait until your doctor is able to confirm that your injuries will have permanent consequences.
Compensation for injuries
The value of an 18-wheeler crash settlement is determined by how badly a victim was injured. Accidents involving trucks often cause more serious injuries than car accidents and the repercussions which follow are often an indication of this. The amount of compensation that is awarded to victims depends on a variety of factors.
Medical expenses are a significant element in determining the amount of a settlement following a trucking crash. This amount will cover the cost of any previous and future treatments as well as transportation expenses to and from your doctor's appointment. The consequences of the accident for the quality of your life as well as lost income are also aspects to be considered. In the event that your injuries will prevent future employment, you could include this in your compensation claim.
In a settlement agreement for a truck accident or 18-wheeler accident, victims can receive hundreds of thousands of dollars or even millions. The settlements are more than those that would be awarded in a typical automobile accident, and a lot of them surpass records.
Our attorneys will investigate any individuals who could be accountable for your loss. This includes the truck driver or their company, as well any third party companies that may have contributed to the accident. For example loading companies could be held liable in the event that they fail to stack or overload cargo in the trailer. In addition, if the accident occurred because of defective truck or vehicle parts It is possible to make claims against the manufacturer and/or distributors of these products.
Damages for Pain and Suffering
In addition, to economic losses victims can also seek compensation for the pain and suffering they have endured. This is a reference to the emotional and psychological distress caused by an accident. It is difficult for you to quantify and thus an important element of your claim. Our lawyers will calculate your non-economic damages to ensure you receive a fair settlement for your injuries.
Certain victims suffer from long-lasting and permanent injuries. The medical bills and losses will likely to be significant. The damages are calculated with the help of experts such as medical and economic experts. Insurance companies can try to minimize your losses by claiming the accident didn't cause your condition, but it existed before. Our team will rebut these claims and help you get the compensation you deserve.
In most cases, more than one party can be held accountable for an accident involving an 18-wheeler. In addition to the driver of the truck and the company that employs him or her could be held accountable. In the event that the truck was loaded incorrectly and this led to the crash, then the loading company might be liable.
Waiting for a settlement in the event of a truck crash may seem like a long time. It is crucial to remember 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 take a deal that isn't enough compensation 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. These include lost wages along with property damage, the cost of repairing or replacing your vehicle and any other items you lost in the crash.
Trucks are significantly heavier and bulkier than passenger cars. They are unable to easily move around to avoid collisions. Rear-end collisions pose more dangers because trucks require longer to stop. The resultant impact can be catastrophic and life-altering.
Insurance companies and trucking firms will do anything to minimize their responsibility for injuries suffered by the victim. This may include the use of negotiations to try and get the statute passed for filing a suit.
An experienced lawyer can defend you against the tactics used by these organizations and help you get maximum compensation for your injuries.
If more than one party was at fault for the accident the laws on comparative negligence could affect your final settlement or verdict. But, your attorney has the expertise and experience to identify all parties liable and seek to pursue claims against them on your behalf. This increases your chance of receiving the full amount you are entitled to. Contact Kaine Law today for a free consultation. Our lawyers will review your case, explain your legal options, and discuss the potential value of your truck accident claim.
Damages for Non-Economic losses
While many accident cases can be resolved out of court without trial, this isn't always possible with trucking companies or their insurance companies. The complex nature of these cases and the nature of the injuries frequently require a lawsuit to be filed for victims to receive a fair amount of compensation.
18 wheeler accident law firm little rock has the resources required to fight for you and negotiate the best settlement for your case. We will employ experts to reenact accidents and other methods to prove your damages. This can 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.
We can also hold others responsible if they played involved in the accident. This is especially true if the other party failed to perform its legal obligations, such 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 in the event that it was owned by another company. Trucking companies could be held accountable for a variety of reasons for example, forcing their drivers to work unnecessarily long hours or reducing costs by not ensuring proper maintenance of the vehicle. It is also possible to bring a claim against a truck manufacturer when a defective component is shown to have caused a collision.