Recoverable Damages in a Lakewood Truck Accident Claim

When a person sustains injuries by means of a truck accident caused by the negligence of another driver, you should feel the need to take action in order to recover the damages owed to you. However, in order to file a claim for damages, victims must know what damages they are entitled to. Fortunately, an experienced attorney could provide more insight on recoverable damages in a Lakewood truck accident claim. To learn more, schedule a consultation today.

Calculating Economic and Non-Economic Damages

In a personal injury claim of any kind, victims are entitled to two types of damages; economic and non-economic. Economic damages encompass tangible items that are easy to calculate. These damages include property damages, medical bills, and lost time at work due to injury. On the other hand, non-economic damages accounts for psychological damages that are much harder to calculate. Examples include pain and suffering, loss of consortium, and psychological trauma.

Punitive Damages

When the at-fault party’s actions are considered so egregious that simply paying the plaintiff what they are owed is not punishment enough, the court may decide to award the plaintiff punitive damages. These damages are calculated through the discretion of the court and are separate from economic and non-economic damages. If a plaintiff is awarded punitive damages, the defense is responsible for compensating the plaintiff for the amount decided by the court.

Severity of Injuries in a Lakewood Truck Accident

Due to the massive size and weight of a truck, victims are highly susceptible to serious injury no matter if the accident occurred at low or high speed. In some cases, victims have been known to suffer catastrophic injuries, leaving victims unable to work while facing the financial burden of paying for medical treatment. This is why it is so important to retain the services of a Lakewood truck accident attorney for help with holding the at-fault party accountable for the harm they caused.

How Could an Attorney Help?

An attorney will take a thorough look of the case and they go as far as to hire an economist to determine what the injured party’s future wage loss will be, what their future medical needs will be, what interest can be calculated and other expenses that would add to the value of the claim.

Attorneys also tend to be very thorough as to their analogies of these damages because the higher the award or settlement, the more money not only will the claimant receive but the attorney will receive under the contingency agreements available in Colorado.

Schedule a Consultation Today

One of the main benefits of working with an attorney who has dealt with truck accident cases in the past is that you will be in communication with someone who could help you obtain the full amount of recoverable damages in a Lakewood truck accident claim. An attorney could help with reviewing the facts of your case and inform you on the amount of compensation you are entitled to.

If you have a case that requires the help of a lawyer, schedule a consultation to begin discussing the details of your case.