Did you know that 78% of fatal vehicular accidents involve large trucks? Studies have found that truck accidents are commonly caused by defective auto parts and other mechanical defects. Other factors include speeding and distracted driving. 

It has also been found that truck accidents do not happen exclusively on interstates and freeways but also on major roads. Unfortunately, road accidents are fairly common, and it remains one of the leading causes of deaths and serious injuries among pedestrians and drivers from all over the world. Accidents like this do not only bring about injuries but also emotional and financial problems, which are a huge burden to anyone. 

Hence, getting the appropriate compensation you deserve is fairly important. Were you or a loved one recently got involved in a truck accident? Learn more about the potential compensation you can receive by reading the post below.

Lost Income

Becoming a victim of a truck accident can put you off from work or your business for a couple of days or weeks, depending on the severity of your injuries. Being away from work or your own business means you will not receive income during those days. You can be compensated for the loss of wages. 

However, before you can be fully compensated, you must first prove the amount of income loss. Loss of income can include not only your salary but also your health insurance, vacation leaves, health insurance, bonuses, and other company perks. When involved in a truck accident, you may receive compensation for the full value of the income you lost during the days you were out of work. 

Medical Expenses

One of the compensations that you may receive after a truck accident is medical bill coverage. Although it is typically assumed that the truck driver at fault will be liable for your medical care, state laws, regulations, and corporate organizations can intervene with your case. This means there might be complications that will stop you from receiving the compensation you deserve. In the event that you get involved in a truck accident in South Carolina, for instance, it is recommended that you communicate with a truck accident law firm in Lancaster to ensure that you will receive the right compensation. Lawyers will help you manage legal complications and fight for your right. Seeking legal assistance will help you secure your medical coverage and also ensure that you will receive the right amount of compensation. 

Pain and Suffering

Truck accidents can also bring about physical and emotional stress. This type of personal damage can offer financial assistance to two types of pain and suffering: mental and physical. Physical pain and suffering refer to the physical injuries and bodily impairment you have endured from the accident. On the other hand, mental suffering refers to mental anguish, loss of enjoyment of life, emotional stress, depression, anxiety, and many more. In general, pain and suffering deal with the decreased quality of life as a result of the pain and trauma that the truck accident has brought about.

Loss Of Earning Capacity

Loss of income and loss of earning capacity are often used interchangeably; however, they are different. Unlike the loss of income, which covers the exact income you have lost, loss of earning capacity refers to the loss of ability to work or earn an income due to your injury or disability as a result of the truck accident. This can be proven by a statement from a medical witness, work performance records, or history of salary earnings, which has shown how it has declined since the accident. 

Property Damages

If you are involved in a truck accident, your vehicle might have also suffered serious damage. Instead of worrying about where you can get the finances for repairing or replacing your vehicle, you can recover the cost of these expenses by pursuing proper compensation. You can also recover the cost of a child seat, sound system, and other property that was damaged from the truck accident. Whether your vehicle has been totaled or not, you have the right to seek compensation for the damages that have been caused to your vehicle. To receive compensation, you must create a detailed accident report.

Getting involved in a truck accident can cause more than just physical injuries. It often leads to significant financial loss, which is inconvenient and a huge burden to anyone who is already suffering from the pain and trauma of the accident. As a victim, you are entitled to pursue compensation depending on the damages that the accident has caused. To ensure that you will be compensated rightly, it is best to seek legal assistance throughout the process.

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