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The Value of an 18 Wheeler Settlement If an eighteen wheeler rear-ends your vehicle, you may be able to make a claim against the truck driver and their employer. The value of your settlement will be determined by the severity and nature your injuries. You may also be able to recover damages if you lose future income. You should wait until the doctor is sure that your injuries are permanent. Compensation for injury The value of an 18 wheeler collision settlement is determined by how severely the victim was injured. Truck accidents typically cause more serious injuries than car accidents, and the damages that follow are usually an indication of this. The amount of compensation that is paid to victims is based on a variety of factors. Medical costs are an essential factor in determining value of a trucking injury settlement. The cost of past and future treatments will be taken into account in calculating the amount, which could include transport costs to and from appointments with your doctor. The impact of the accident on the quality of your life as well as lost earnings are also elements to be taken into consideration. In the event that your injuries are likely to hinder your future employment, you could include this in your compensation claim. It is not uncommon that victims receive hundreds of thousands or millions of dollars in the form of a truck or an 18 wheeler settlement following an accident. These sums are significantly higher than what would be recovered in a normal car crash and a lot settlements exceed records. Our lawyers will investigate any party that are responsible for your losses. This includes the truck driver and their company, as well as any other third-party businesses that could have contributed to the accident. Companies that load, for instance, can be held responsible for their actions if they incorrectly pile or over load cargo on the trailer. Additionally, if an accident was caused by faulty parts of the vehicle or truck or components, it is possible file claims against the manufacturer and/or distributors of these products. Damages for Pain and Suffering In addition, to economic losses, victims can also claim compensation for their pain and suffering. This is the psychological and emotional trauma that is caused by injury. It's difficult to quantify, which is why it is an essential component of your claim. Our lawyers will work to estimate your economic loss so that you can receive an appropriate amount of compensation for your injuries. Some victims suffer from long-lasting, painful injuries that last for a long time. Their medical expenses and future losses are likely to be substantial. These damages are estimated with the help of experts such as doctors and economists. Insurance companies can try to reduce your losses by saying that the accident did not cause your condition, but that it existed before. Our team will fight these claims to secure the compensation that you deserve. In most cases more than one party could be held accountable for an accident that involves an 18-wheeler. The company that employs the driver could also be held accountable. If the truck was incorrectly loaded and the accident was the result of this the loading company may be held responsible. It may seem like it takes forever to settle a truck accident case. It is crucial to remember that you should not settle a personal injury claim until you've reached your maximum medical improvement (MMI). Settling too soon means that you're accepting an offer that is not enough to compensate you for your injuries. Damages for Economic Loss While it is possible to recover damages for past, current and future medical expenses The most significant damage in cases involving truck accidents are based upon your economic losses. These include the loss of wages and property damage, as well as the cost of repairing or replacing your vehicle, as well as any other items you have lost in the crash. Because of the weight and size of these vehicles, trucks aren't able to maneuver as easily as cars for passenger use to avoid collisions. They take a lot longer to stop, making rear-end collisions especially risky. The resulting impact can be catastrophic and life-changing. Insurance companies and trucking companies will do everything to reduce their liability for injuries suffered by the victim. This could include engaging in negotiations to try and pass the law filing a suit. An experienced attorney can fight back against the tactics used by these organizations and help you receive maximum compensation for your injuries. The laws governing comparative negligence may affect the final settlement or verdict in cases where more than one person is at fault for the collision. However, your attorney has the expertise and experience to determine all parties liable and make claims against them on behalf of you. This increases the odds of you obtaining the full amount you are entitled to. Call Kaine Law for a free consultation today. Our lawyers will review and explain your case and your legal options and the potential worth of a truck crash claim. Damages for Non-Economic losses The insurance companies of trucking companies and their providers might not always be able to settle cases out of court. The complexity of these cases and the nature of the injuries typically mean that a lawsuit has to be filed in order for victims to receive a fair amount of compensation. Our firm has the resources necessary to ensure the highest settlement possible for your case. We'll bring in experts to conduct accident reenactments and use other methods to prove the extent of your damages in court. This could include vocational and medical experts and economic loss specialists who can determine the worth of your past and future damages. In 18 wheeler accident settlement odessa , we may also consider other parties responsible when they contributed to the incident. This is particularly true if the other party was unable to meet its legal obligations, such as by failing to maintain the truck or hire a qualified drivers. We can also file a lawsuit against the trucking company which employed the driver, or when it was owned by another entity. Trucking companies may be held accountable for a variety of reasons, such as forcing their employees to work in unreasonable hours or reducing expenses by not ensuring proper maintenance for the vehicle. It is also possible to file a claim against a truck manufacturer when a defective part is proven to cause an accident.