What types of compensation can I get for a truck accident?

Victims of truck accidents who suffer injuries or whose loved one died because of such an accident may be entitled to compensation for their pain and suffering. Truck accidents can be caused by numerous factors, but most result from speeding and reckless driving by the truck driver.

Although no price can be put on the injury or death of a victim, it is the duty of the legal system to determine what kind and how much compensation is owed by the negligent party.

There are different types of compensations for truck accidents, which can be divided into two main categories: personal injury compensation and wrongful death compensation. Compensation relating to injuries include medical expenses, lost wages if the victim cannot return to his or her job, property damages, common car repairs or replacements, and pain and suffering, which includes not only the physical toll but the mental and emotional toll on the victim.

Wrongful death compensation is remittance paid to the surviving family members should a victim die as a result of truck accident injuries. The negligent parties may owe the victim’s family for loss of wages the family depended on and for the emotional toll on the family for the loss of their loved one. These types of compensations include lost future earning capacity, medical and funeral expenses, pain and suffering, and loss of consortium, which is the loss of companionship and the strong ties of a familial bond in the absence of the victim’s death.

The legal system takes into consideration many factors of a wrongful death claim to ensure the proper compensation is awarded to the surviving family. For the potential future earning capacity of the deceased, the courts take into account factors such as assets, life expectancy, and health at the time of death. In order to compensate for loss of consortium, the courts will look at family relationships and parent/child bonds. This process is not only long and arduous but can be difficult emotionally as well. It is not uncommon for surviving family members to feel overwhelmed by this process.

If you or someone you know has suffered from a truck accident injury or death, you may be entitled to compensation. Contact Jacoby & Meyers, LLP NY today. Our lawyers will make sure your needs are met while getting you the maximum compensation you are owed. Call 877-504-5562 or email them at [email protected].