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December 01, 2020

How Much Is My Orange County Truck Accident Claim Worth?

After being involved in a serious truck accident, one of the most important questions that accident survivors want to know is how much they can expect to be awarded. This is partially due to the fact that they want to be sure that taking the time and energy to file a lawsuit is going to be worth it after they’ve already been through so much. 

With this in mind, we have gone into greater detail below about the various losses you might be able to recover in your Orange County truck accident lawsuit. This may give you the opportunity to see the magnitude of your losses and whether pursuing a truck accident claim is truly in your best interests.

A Review of Your Economic Damages

Economic damages are the category in which your financial losses will be placed. This includes any loss that directly impacts your finances and might consist of any of the following losses, among others:

  • Housekeeping expenses
  • Lost wages
  • Diminished earning potential
  • Loss of retirement savings contributions
  • Childcare expenses
  • Costs of repairing or replacing your vehicle
  • Other property damage
  • Medical expenses and equipment

Figuring out how much your economic damages are worth may be easier for you and your attorney, as these losses have a set monetary figure. The same cannot be said for your non-economic damages.

Nonfinancial Losses You Could Be Entitled To

Non-economic damages, or the losses that do not involve money, are more difficult to quantify. Not only do they not have a direct monetary value, but they affect each person differently and therefore are worth more or less depending on the circumstances of each person’s case. 

Some of the more commonly sought after non-economic damages include:

Once your lawyer has had the opportunity to quantify your non-economic damages, you will have a better idea of just how much your truck accident claim is worth.

Get in Touch with an Orange County Truck Accident Lawyer

When you are ready to seek maximum compensation for the suffering you’ve endured after being in an accident with a truck, reach out to an experienced Orange County truck accident lawyer at Kohan & Bablove LLP. We can be reached by phone at 1-844-404-2400 or through the online submission form we have included below to schedule your no-obligation claim review.