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How Do I Calculate My Truck Accident Settlement?

  • When you’re hurt in a truck accident, you need compensation that covers all the losses, expenses, and suffering you experienced because of the accident. If you don’t, your compensation may be reduced, and it can be difficult or impossible to get the total compensation you’re owed. 

    Luckily, there’s an Indianapolis truck accident lawyer waiting to take your case. Your lawyer can help you get answers about what your claim is worth and what tools you’ll need to calculate your truck accident settlement. 

    Economic Damages

    When you’re hurt in a truck accident, the costs of your injuries, your car repairs, and the other financial losses that pile up may feel impossible to recover from. You may have trouble getting compensated for these damages because it’s so easy to lose track of them. 

    For example, you may know that you need compensation for the severe injuries you suffered in your truck accident. But what about the long-term costs of an injury that impacts your ability to work or take care of yourself? These damages may take years or even a lifetime to overcome. Because of this, you may need a lawyer to help you add up the economic damages you’ve suffered because of the accident. 

    Non-Economic Damages

    It’s not just about the financial burden of a serious truck accident. You may have suffered intangible forms of suffering that have left you with emotional and mental scars. These damages can be difficult to calculate. 

    For example, you may have suffered post-traumatic stress disorder (PTSD) following the accident. That trauma may not be tangible, but it has impacted your life. Damages like these are calculated based on the impact and the suffering you experienced, not on a price tag, like economic damages. 

    Punitive Damages

    While not every truck crash warrants punitive damages, you may be due them if the at-fault party was wantonly reckless or intended to harm you. The difference is that these damages aren’t meant to compensate you—they’re meant to punish the wrongdoer. 

    Punitive damages are supposed to deter the wrongdoer and others from taking those same actions. For example, if you were struck by a drunk truck driver, the high financial penalties may prevent someone else from taking those same actions. 

    The problem is, these damages can be difficult to determine. Talk to your lawyer about your options before you go to court and whether you’re eligible for these damages. 

    Calculate Your Settlement with a Lawyer’s Help 

    When you’re injured in a truck accident, you need compensation that meets all your needs, not just some. But that can be easier said than done. That’s especially true when you’re facing a lawsuit for the first time. 

    Here’s the good news—the lawyers at Kooi Law are on your side. We have the tools you need to get compensated fairly for all your injuries, not just the ones they’re willing to pay. We can even get started with a free consultation, where we’ll discuss your next steps for compensation. Reach out to your lawyer by calling 317-569-1335 or by visiting our website for help.