Victims of commercial vehicle accidents may face significant physical, emotional, and financial hardships. To address these challenges, they can pursue compensation through various types of damages. These damages fall into three primary categories: economic, non-economic, and punitive damages.
Economic damages compensate for measurable financial losses resulting from the accident. These are often the most straightforward to calculate because they are based on tangible expenses and income loss.
Non-economic damages address the intangible impacts of the accident, which can be harder to quantify but are equally significant.
Punitive damages may be awarded in cases involving extreme negligence or intentional misconduct. Unlike compensatory damages, these are meant to punish the wrongdoer and deter similar behavior in the future.
The total compensation awarded depends on several factors, including:
Victims of commercial vehicle accidents can seek compensation for a range of damages, from tangible medical bills and lost wages to intangible impacts like pain and suffering. In severe cases, punitive damages may also apply. Working with an experienced attorney ensures that victims receive the full compensation they are entitled to for their losses.
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