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The Value of an 18 Wheeler Settlement If an 18 wheeler rear-ends your vehicle, you could be able to bring a claim against the truck driver and their employer. The amount of your settlement will be determined by the nature and severity your injuries. You can also seek damages to compensate for future loss of income. But, you must 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 the extent to which a victim was injured. Truck accidents typically cause more serious injuries than car crashes, and the damages that result are usually an indication of this. The amount of compensation that is awarded to victims varies based on many factors. Medical costs are an essential factor in determining the value of a trucking accident settlement. This amount will cover the cost of prior and future treatments as well as transportation expenses to and from your doctor's appointment. Lost income is another consideration and so is the impact of the accident on your life quality. If your injuries are preventing you from working for the foreseeable future it can be included in a claim for compensation. In a settlement involving an 18-wheeler or truck accident, victims can receive hundreds of thousands of dollars, and even millions. These settlements are much higher than those awarded in a typical automobile accident, and a number of them exceed records. Our lawyers will investigate any party that may be responsible for your loss. This includes the truck driver, their company, and any other third-party businesses that could contribute to the occurrence. For example loading companies could be held accountable for their actions when they stack or overload cargo in the trailer. If the accident was caused by defective vehicle or truck parts, you can also seek compensation from the distributor and/or manufacturer. Damages for suffering and pain In addition to economic losses, victims can also claim compensation for the pain and suffering they have endured. This refers to the psychological and emotional trauma caused by an injury. It is difficult for you to quantify and thus an essential element of your claim. Our lawyers will estimate your non-economic losses to ensure you get a fair settlement for your injuries. Some victims suffer long-lasting and severe injuries. Their medical expenses and future expenses will likely to be significant. Experts like economists or medical professionals assist in calculating the amount of damages. Insurance companies could try to reduce your losses by claiming the accident did not cause your condition, but it existed before. Our team will fight these claims and help you get the compensation you are due. Sometimes, more than one party could be at fault for an 18-wheeler accident. Alongside the truck driver the company who employs him or her could be held responsible. If the truck was incorrectly loaded and the crash resulted from that then the loading company could be held accountable. It could seem as if it takes forever to settle a truck crash case. It is crucial to understand that you should not settle a personal injury claim until you've reached the point of maximum medical improvement (MMI). If you settle too early you may accept a settlement that does not provide adequate compensation for your injuries. Damages for Economic Loss While it is possible to get compensation for past, present and future medical expenses The most significant damage in cases involving truck accidents are based on the economic losses. These include the loss of wages as well as property damage and the cost of fixing or replacing your vehicle as well as any other items you lost in the crash. Because of the size and weight of these vehicles, trucks aren't able to maneuver as easily as cars for passenger use to avoid collisions. Rear-end collisions can be more dangerous because trucks require longer to stop. The resulting impact can be devastating and life-altering. Insurance companies and trucking companies will do everything they can to minimize their responsibility for the victim's losses. This may include engaging in negotiations to try to pass the law for filing a lawsuit. An experienced attorney can defend you against the tactics used by these parties and ensure you get maximum compensation for your injuries. If 18 wheeler accident lawyer flower mound than one person was at fault for the collision and the law on comparative negligence may affect your final settlement verdict. Your attorney has the experience and expertise to identify all parties accountable and pursue claims on your behalf. This increases your chance of obtaining the amount you deserve. Contact Kaine Law today for a free consultation. Our lawyers will analyze your case, explain your legal options and discuss the potential worth of your truck crash claim. Damages for Non-Economic losses Trucking companies and their insurance providers may not always be able to settle disputes outside of court. In many instances, the severity of the injuries and the complex nature of the case mean that a lawsuit is required to ensure victims receive a fair amount of compensation. Our firm has all the resources to represent you and get the best settlement for your case. We will employ experts to recreate the events of your accident and other methods to prove your losses. This may include vocational and medical experts as well as economic loss specialists that can determine the value of your future and past damages. In addition, we can also hold other parties responsible for their part in the cause of the crash. This is particularly true if they failed to fulfill their legal obligations, like failing to maintain the truck or hire qualified drivers. We may also bring a lawsuit against the trucking firm that employed the driver, or if the firm was owned by an unrelated third party. Trucking companies may be held accountable for a variety of reasons including putting their drivers to work unnecessarily long hours or reducing expenses by not performing the proper maintenance on the vehicle. We can also bring a claim against a truck manufacturer when a defective component is shown to have caused a collision.