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The Value of an 18 Wheeler Settlement
If an eighteen wheeler rear-ends your vehicle, you could 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 may also be able to recover damages for lost income in the future. However, you should wait until your doctor has confirmed that your injuries have lasting consequences.
Compensation for injuries
The severity of the victim's injuries determines the value of a settlement in an 18-wheeler accident. Truck accidents typically cause more serious injuries than car crashes, and the damages that follow are usually an indication of this. The amount of compensation paid to victims is based on many factors.
Medical expenses are an important factor in determining value of a trucking accident settlement. The cost of previous and future treatments will be taken into account in calculating the amount, that could include any transport costs to and from appointments with your doctor. Loss of income is another factor as is the impact of the accident on your life quality. If your injuries prevent you from obtaining future employment, you could include this in your compensation claim.
In a settlement agreement for an 18-wheeler accident or truck accident, victims could recover hundreds of thousands of dollars or even millions. The settlements are more than the ones given in a typical auto accident, and many of them surpass records.
Our lawyers will investigate any other parties that might be responsible for your loss. This includes the truck driver or their company, as well any other third-party companies that may contribute to the occurrence. Companies that load cargo, for instance, can be held responsible when they do not properly pile or over load cargo on the trailer. Additionally, if the accident occurred because of defective parts of the vehicle or truck or components, it is possible bring claims against the maker and/or distributor of these items.
Damages for suffering and pain
In addition to the financial losses, victims may claim compensation for suffering and pain. This is a reference to the emotional and psychological trauma caused by an accident. 18 wheeler accident lawyer portland is difficult to quantify, which is why it is an essential part of your claim. Our lawyers will assess your non-economic losses so that you get a fair settlement for your injuries.
Some victims suffer from long-lasting and severe injuries. The medical expenses and future losses of these victims are likely to be substantial. The damages are calculated with the assistance of experts such as doctors and economists. Insurers may try to reduce these losses by arguing that your condition did not result from the crash, but that they existed before. Our team will rebut these claims to get you the compensation that you deserve.
Often, more than one party could be held accountable for an accident involving an 18-wheeler. The company that employs the driver can also be held responsible. If the truck was not correctly loaded and the crash resulted from this, the loading company could be held liable.
Waiting for a settlement in the event of a truck crash may seem to take forever. It is vital to realize that you shouldn't settle a personal injury claim until you reach maximum medical improvement (MMI). If you settle too early, it means you're accepting an offer which does not compensate you for your injuries.
Damages for Economic Loss
While it is possible to recover damages for past, present and future medical bills however, the largest damages in truck accident cases are based on the economic losses. This includes lost wages, property damage, and the cost to repair or replace your vehicle, and other things that you have lost in the accident.
Due to the weight and size of these vehicles, trucks cannot be maneuvered as easily as cars for passenger use to avoid collisions. Rear-end collisions are more dangerous because trucks are slower to stop. The impact could be devastating and even life-altering.
Insurance providers and trucking companies will do everything in their power to minimize their liability to the victim's damage. This may include dragging out negotiations to try and get the statute passed for filing a lawsuit.
An experienced lawyer can combat the tactics employed by these parties and help you get maximum compensation for your injuries.
The law on comparative negligence can impact the final settlement or verdict in cases where more than one person is accountable for an accident. Your lawyer will have the experience and knowledge to identify all parties accountable and pursue claims on your behalf. This increases your chance of getting the full amount you're entitled to. Contact Kaine Law today for a free consultation. Our lawyers will review your case, explain your legal options and discuss the potential worth of your truck crash claim.
Damages for non-economic losses
While a lot of accidents can be resolved out of court without trial, it's not always possible with trucking companies or their insurance providers. The complex nature of these cases and 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 needed to fight for you and negotiate the best settlement for your case. We will use experts to recreate the events of your accident and other methods to prove your damages. This could include medical and vocational experts, and economic loss specialists who can determine how much your losses in the past and the future could be worth.
In addition, we may also hold other parties responsible if they contributed to the cause of the crash. This is particularly relevant if they failed to meet their legal obligations, for example, failing to maintain the truck or employ qualified drivers.
We may also file a claim against the trucking company who employed the driver or in the event that it was owned by another entity. Trucking companies could be held responsible for a myriad of reasons including putting their employees to work excessive hours or cutting costs by not ensuring proper maintenance for the vehicle. We can also pursue an action against the company that made of the truck if it can be established that a defective component led to a collision.
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