semi-truck accident

Semi-trucking accidents can result in devastating outcomes. Not only can the injuries be life-threatening, but even minor collisions can lead to extensive medical expenses that can forever impact the victim and their family financially. That is why, following a Kokomo semi-truck accident, one of the first things victims usually ask a lawyer is whether they can pursue financial compensation for the harm and losses they endured. 

What Types of Financial Damages Can You Fight for Following a Kokomo Semi-Truck Accident?

Following a semi-truck accident in Kokomo, you may be entitled to pursue certain types of damages, including the following:

Economic Damages

These types of damages refer to the quantifiable losses that result following an accident. They include:

  • Medical bills for doctor appointments, surgeries, medications, emergency services, and other types of treatments
  • Lost income and business opportunities
  • Lost earning capacity
  • Damages to personal property
  • Household services expenses
  • Other costs

Non-Economic Damages

Non-economic damages refer to the hard-to-quantify losses that result from an accident. They include losses such as:

  • Disfigurement and scarring
  • Permanent disability
  • Loss of companionship and support
  • Loss of enjoyment of life
  • Restrictions in day-to-day activities

Punitive Damages

Punitive damages are awarded not to compensate victims for their losses following an accident but rather to penalize the wrongful party for their egregious actions. However, to obtain these damages in Kokomo, it must be established that the defendant acted with reckless disregard for the rights of others or with intentional malice. 

Wrongful Death Damages

Due to their size and weight, trucking accidents are more likely to cause fatalities than other passenger car accidents. However, in Kokomo, if a loved one is killed in a semi-truck accident, Indiana law allows survivors to pursue financial compensation for their losses by filing a wrongful death claim.  

How Much Compensation Can You Collect Following a Kokomo Semi-Truck Accident?

Unfortunately, there is no straightforward calculation that will be able to tell you how much compensation you can recover following a semi-truck accident. This is primarily because various factors can impact the value of your claim, such as:

  • The severity of your injuries
  • The extent of your pain and suffering
  • The amount of lost income you sustained, and future lost earnings
  • Your age and general health
  • The long-term impacts of your accident

However, to know more about these factors and how they can influence your legal claim, consider reviewing your semi-truck accident with a skilled Kokomo semi-truck accident attorney. These legal professionals can review your case, determine what types of financial damages you can pursue, and help you fight for every last dollar you are entitled to.

Contact Kaushal Law Today and Fight for the Justice You Deserve

Semi-truck accidents are complicated cases that typically require a solid understanding of trucking laws. However, when you retain a skilled Kokomo semi-truck accident lawyer, you will not have to take on this challenging legal ordeal alone. Instead, you can have experienced legal professionals fighting on your behalf every step of the day.

For more information about your case and legal options, contact Kaushal Law today or call us at 765.434.3787 to review your case for free.