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The Value of an 18 Wheeler Settlement You may be able to file an claim if an 18-wheeler rear-ends your vehicle. The amount of your settlement will be determined by the nature and severity your injuries. 18 wheeler accident lawsuit baytown can also seek damages for future lost income. You should wait until your doctor is sure that your injuries are permanent. Compensation for Injuries The extent of the injuries suffered by the victim determines the value of a settlement in an 18-wheeler accident. Truck accidents usually cause more serious injuries than car crashes and the repercussions which follow are often due to this. However, the amount of compensation that is awarded to victims will also depend on a variety of other factors. Medical expenses are a key element in determining the amount of a settlement for a trucking collision. This amount will comprise the cost of your previous and future treatments in addition to any transportation costs to and from your doctor's appointment. The loss of income is a different factor as is the effect of the accident on your lifestyle. If your injuries prevent you from working in the future and you are unable to work, this may be included in a demand for compensation. In a settlement agreement for an 18-wheeler accident or truck accident, victims could recover hundreds of thousands of dollars, and even millions. These sums are significantly higher than what is recovered in a typical car crash, and many of these settlements break records. Our attorneys will investigate any individuals who may be responsible for your loss. This includes the truck driver and their company as well as any other third-party businesses that could contribute to the occurrence. For instance, loading companies could be held liable when they fail to properly stack or over load cargo on the trailer. Additionally, if an accident occurred because of defective components of the vehicle or truck, 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 refers to the emotional and psychological distress that is caused by injury. It's difficult for you to quantify, and is a crucial part 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. Certain victims suffer from chronic and severe injuries. Their medical expenses and future expenses are likely to be substantial. Experts such as economists or medical professionals can help calculate these damages. Insurers may try to reduce the amount of losses they incur by arguing that your conditions did not arise from the crash, but that they existed prior to the crash. Our team will challenge these claims to secure the compensation that you deserve. Sometimes it is the case that more than one person could be accountable for an 18-wheeler accident. The company that employs the driver can also be held accountable. In the event that the truck was loaded improperly and this caused the accident and caused the crash, then the company that loaded it could be held accountable. The process of negotiating a settlement in the event of a truck crash could seem to take forever. It is vital to recognize that you should not settle a personal injury case until you reach the maximum medical improvement (MMI). When you settle too quickly, you're accepting an offer that doesn't adequately cover your losses. Damages for Economic Loss While it is possible to recover damages for past, present and future medical bills The most significant damages in truck accident cases are based upon your economic losses. These include the loss of wages, property damage, and the cost of fixing or replacing your vehicle and any other items you have lost in the accident. Due to the size and weight of these vehicles, trucks aren't able to maneuver as easily as automobiles to avoid accidents. Rear-end collisions are more risky because trucks require longer to stop. 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 negotiation to try to extend the statute of limitations for filing an action. An experienced lawyer can defend you against the tactics used by these parties and help you receive maximum compensation for your injuries. The laws governing comparative negligence may affect the final settlement or verdict in the event that more than one party is responsible for an accident. Your lawyer will have the expertise and know-how to determine the parties responsible and pursue claims on your behalf. This increases the odds of receiving the full amount that you are entitled to. Contact Kaine Law today to schedule a free consultation. Our lawyers will examine your case, explain your legal options, and discuss the potential value of your truck accident claim. Damages for Economic Losses While many accident cases can be settled out of court without a trial, it's not always possible with trucking companies or their insurance companies. The complexity of these cases as well as the nature of the injuries frequently mean that a lawsuit has to be filed for victims to receive a fair amount of compensation. Our firm has all the resources needed to advocate for you and obtain the best settlement for your case. We will enlist experts to conduct reenactments of accidents as well as other methods to prove the severity of your losses in court. This may include medical and vocational experts, as well as economic loss specialists who can determine the value of your losses from the past and in the future could be worth. In addition, we may also be able to hold other parties accountable if they contributed to the incident. This is especially relevant if they failed to meet their legal obligations like not maintaining the truck or employ qualified drivers. We could also seek a remedy against the trucking company that employed the driver, or if the firm was owned by an unrelated third party. Trucking companies could be held accountable for a variety reasons including putting their drivers into unreasonable working hours or reducing costs by not ensuring proper maintenance of the vehicle. We can also bring a claim against the manufacturer of the truck if it is proved that a defective part caused an accident.