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Pecuniary Losses in Trucking Accidents

Personal Injury Lawyer

It’s not uncommon for someone who has been victim to a trucking accident to suffer fatally as a result. When this occurs, loved ones may determine with their attorney that filing for wrongful death is in the best interest of the family. Especially if they were dependant on the person that passed. There are a number of complexities involved with determining the proper strategy for a wrongful death case involving a commercial truck. Pecuniary losses or damages is the measurable, financial compensation that family may be entitled to in wrongful death cases. There are a number of variables that may be considered when determining the proper compensation following a trucking accident that resulted in the passing of your loved one.

Trucking Accidents

Losing a loved one in a trucking accident can be incredibly devastating to the life you once knew. Especially if that person was your companion and a source of financial support to you and your family. Unfortunately, when a person is the victim of a trucking accident, the outcomes are not always positive ones. It’s not uncommon for trucking accidents to produce results that are fatal. Commercial trucking is an incredibly competitive and labor intensive industry. When a trucking company pressures drivers to carry their loads from place to place by using unsafe driving practices. As a result, it may not be uncommon for truckers to engage in unsafe and negligent driving. When this occurs, this can pose a number of risks to drivers on the road.

Truck accidents can be horrific primarily because of the large size of the trucks being driven. Because of their size, the impact from a truck can produce far more significant injuries, even death in some cases. Trucking accident cases that result in wrongful death may involve several layers, especially if your attorney recommends that you take action against more than one party. In some cases, negligent parties may include both the driver and the trucking company they are employed by. Talk to an attorney for help in determining if this will be the course of action for your specific case will play a key role in how you move forward with your case.  

Pecuniary Losses

Pecuniary losses are losses that a dollar amount can be assigned to when it comes to compensating someone in a wrongful death case. There are a number of things that can be valued as money that you may have not even realized. Examples of pecuniary losses may include:

  • Loss of Victim’s Wages
  • Loss of Inheritance
  • Funeral Costs
  • Medical Expenses
  • Services Provided to you by your loved one
  • Loss of Retirement from pensions or 401k

Determining pecuniary losses is often sorted out with the help of an attorney. Following the loss of a loved one can feel like the rug has been pulled out from under you. An attorney may be able to provide you with the support you deserve when faced with such a loss.

If you have recently lost a loved one in a trucking crash, you may want to consider working with a truck accident attorney Chicago, IL trusts in your wrongful death claim. They can help provide clarity to the process you are about to ensue and outline a clear legal strategy for your loved one’s case. Pecuniary losses are significant in that they help determine the level of compensation you may be entitled to. An attorney can look at your specific situation to help determine how it may be assessed by the courts.

 


 

Thank you to our friends and contributors from The Law Offices of Konrad Sherinian for their insight into truck accidents and personal injury.