Understanding How Compensation is Calculated in a Missouri Truck Accident

September 20, 2024

Understanding How Compensation is Calculated in a Missouri Truck Accident

Being involved in a truck accident can be a traumatic and life-altering experience. In addition to physical injuries, victims often face financial burdens such as medical bills, lost wages, and property damage. If you are a resident of Missouri who has been injured in a truck accident, it is important to understand how compensation is calculated so that you can receive the full amount of damages you deserve.


Determining Liability: In order to calculate compensation after a truck accident, it is essential to establish who was at fault for the collision. Missouri follows a comparative fault system, which means that each party involved in the accident may be assigned a percentage of fault. This percentage will then affect the amount of compensation that each party is entitled to receive.


Medical Expenses: One of the primary factors in calculating compensation for a truck accident is medical expenses. This includes not only immediate medical costs such as hospital bills and surgeries but also long-term care such as physical therapy or rehabilitation. It is important to keep detailed records of all medical expenses related to the accident so that they can be included in your claim.


Lost Wages: Another key component of calculating compensation after a truck accident is lost wages. If your injuries have prevented you from working or have resulted in reduced earning capacity, you may be entitled to compensation for these financial losses. This can include both past and future lost wages due to time taken off work for recovery or ongoing medical treatment.


Pain and Suffering: In addition to economic damages such as medical expenses and lost wages, victims of truck accidents may also be entitled to compensation for pain and suffering. This type of non-economic damage accounts for the physical pain, emotional distress, and mental anguish experienced as a result of the accident. While it can be more challenging to quantify than economic damages, pain and suffering are an important aspect of seeking full compensation after a truck accident.


Legal Assistance: Navigating the complexities of calculating compensation after a truck accident can be overwhelming, especially when dealing with insurance companies and legal proceedings. That's where The Law Offices of Lance Loewenstein, P.C. comes in - our experienced team can help you gather evidence, negotiate with insurance companies, and advocate on your behalf to ensure that you receive fair compensation for your injuries.


If you have been injured in a truck accident in Missouri, it is crucial to understand how compensation is calculated so that you can seek the full amount of damages you deserve. Factors such as liability determination, medical expenses, lost wages, and pain and suffering all play a role in determining the total amount of compensation available to victims. By enlisting the help of The Law Offices of Lance Loewenstein, P.C., you can rest assured that your rights will be protected throughout the legal process and that you will receive fair compensation for your injuries. Contact us today for a consultation on how we can assist with your personal injury case after a Missouri truck accident.

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