Due to the high cost of health care and the significant disruption to your daily life, crash claims can easily reach into the tens of thousands to hundreds of thousands of dollars. Some cases result in multi-million-dollar settlements and verdicts.
However, recovering car accident compensation is dependent on the insurance policies and assets of the at-fault driver or third party. Car accidents that involve semi-trucks and other large commercial vehicles often involve liable entities with significant assets like trucking companies, cargo owners, and parts manufacturers.
In general, there are two types of damages that you can recover after a crash – economic (medical expenses, lost wages, etc.) and non-economic (pain, suffering, and other losses that don’t come with a price tag).
In most cases, car accident victims deserve compensation for:
- Medical expenses such as hospital bills, ambulance services, medication, medical procedures, surgeries, physical therapies, dental work, and past as well as future crash-related medical costs.
- Lost wages for when you are too injured to work.
- Lost future income due to temporary or permanent disabilities and overall reduced abilities.
- Replacement services for tasks made impossible or painful due to the accident. This may cover services like house cleaning, landscaping, and cooking.
- Modifications to your home or vehicle to accommodate your new abilities.
- Property damage such as car repairs and replacement.
- Pain and suffering.
- Emotional distress.
- Loss of quality and enjoyment of life.
- Loss of consortium may apply in accidents that are fatal or lead to disability, thus depriving loved ones of the victim’s company and counsel.
In rare cases where the at-fault party acted egregiously, a judge may award you punitive damages.
If you don’t ask for it, the insurance company is not going to cover it. An experienced attorney can accurately calculate the value of your claim and show that you deserve maximum compensation.