Economic Damages
Economic damages are intended to reimburse victims for tangible financial losses resulting from the accident. These damages are usually easy to calculate based on bills, invoices, and documented financial records.
1. Medical Expenses
Medical bills are often the largest financial burden after a severe truck accident. Victims may sustain life-altering injuries such as broken bones, spinal cord injuries, or traumatic brain injuries, which require extensive medical treatment.
Damages may include:
- Emergency room visits
- Hospital stays
- Surgery costs
- Prescription medications
- Physical therapy
- Long-term rehabilitation
Example: For instance, if you’re involved in a truck crash caused by failed brake maintenance, and you require spinal surgery and months of physical therapy, these costs can be included as part of your claim.
2. Lost Wages
Truck accidents can leave victims unable to work for weeks, months, or even years. Economic damages can cover:
- Wages lost during recovery
- Reduced earning capacity if you’re unable to return to your previous role
If you’re permanently disabled and unable to work again, compensation may extend to cover the income you would have earned over your lifetime.
3. Property Damage
If your car or other personal property is damaged in the accident, you are entitled to seek reimbursement for repair or replacement costs. For example, if the impact of the crash totals your vehicle, you can claim the market value of your car immediately before the accident.