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The Value of an 18 Wheeler Settlement You may be able make an claim if an 18-wheeler rear-ends your vehicle. The nature and severity of your injuries will determine the value of your settlement. You can also seek damages to compensate for future loss of income. However, you should wait until your doctor confirms that your injuries have lasting effects. Compensation for injuries The severity of the victim's injuries determines the amount of a settlement resulting from an 18-wheeler wreck. Truck accidents usually cause more serious injuries than car accidents, and the damages that follow are often an indication of this. However, the monetary amount of compensation given to victims will also depend on a variety of other factors. Medical costs are a major element in determining the amount of a settlement following a trucking crash. The cost of previous and future treatments will be taken into account when calculating this amount, which may include transportation costs for appointments with your doctor. The effects of the accident on the quality of your life as well as loss of income are other elements to be taken into consideration. If your injuries could hinder future employment, you could include this in your compensation claim. It is not uncommon that victims receive hundreds of thousands and even millions of dollars from an 18 wheeler or truck settlement after an accident. These settlements are higher than what would be granted in a typical auto accident, and a number of them exceed records. Our attorneys will investigate any individuals who may be responsible for your losses. This includes the truck driver or their company, as well any other third-party companies that may be a factor in the incident. For instance, loading companies can be held liable when they do not properly stack or overfill cargo in the trailer. Additionally, if the accident occurred because of defective components of the vehicle or truck It is possible to bring claims against the maker and/or distributor of these items. 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 stress caused by an injury. It's difficult to quantify, which makes it an essential element of your claim. Our lawyers will estimate your non-economic losses, ensuring that you receive a fair settlement for your injuries. Some victims suffer from long-lasting, severe injuries that last for a long time. Their medical expenses and future losses will likely to be significant. Experts such as economists or medical professionals help calculate these damages. Insurance companies may attempt to minimize the amount of losses they incur by arguing that your ailments did not stem from the crash, but that they existed beforehand. Our team will fight against these claims and ensure that you receive the compensation you are due. In most cases more than one party is held responsible for an accident involving an 18-wheeler. Besides the truck driver and the company that employs the driver could 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 can appear that it takes forever to settle a truck crash case. It is crucial to understand that you shouldn't settle your personal injury claim until you have reached the point of maximum medical improvement (MMI). When you settle too quickly, you're accepting a deal that does not adequately compensate you for your injuries. Damages for Economic Loss The most significant losses in a crash involving a truck are your economic losses. These include the loss of wages, property damage, and the cost of fixing or replacing your vehicle, as well as any other items you have lost in the accident. Trucks are significantly heavier and bigger than passenger cars. They are unable to easily move around to avoid collisions. They take much longer to stop, which makes rear-end collisions particularly dangerous. The impact can be catastrophic and life-altering. Insurance companies and trucking companies will do everything to minimize their liability for injuries suffered by the victim. This includes engaging in negotiations in a bid to extend the time limit for filing a lawsuit. 18 wheeler accident lawyer lorain can defend you against the tactics employed by these parties and help you obtain the maximum compensation for your injuries. If more than one party was at fault for the accident the laws on comparative negligence could influence your final settlement or verdict. Your attorney will have the experience and knowledge to identify all parties accountable and pursue claims on your behalf. This will increase the chances of receiving the amount you are entitled to. Call Kaine Law today for a free consultation. Our lawyers will examine your case, explain your legal options, and discuss the potential worth of your truck accident claim. Damages for non-economic losses Although many cases of accident can be settled out of court without trial, this isn't always possible with trucking companies or their insurance companies. The complexity of these cases as well as the nature of the injuries often mean that a lawsuit needs to be filed in order for victims to receive fair compensation. Our firm has the resources required to fight for you and secure the most favorable settlement for your case. We will bring in experts to conduct reenactments of accidents and utilize other methods to establish the extent of your damages in court. This can include medical and vocational experts, along with economic loss specialists who can determine how much your losses in the past and the future could be worth. We may also hold others responsible if they were a contributing factor to the accident. This is particularly true if they failed to fulfill their legal obligations, like not maintaining the truck or employ qualified drivers. We could 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 liable for a range of reasons, which include requiring their drivers to work unreasonable hours or cutting costs by not carrying out proper maintenance on the truck. It is also possible to make a claim against a truck manufacturer when a defective part is proven to cause a collision.