Oklahoma City Personal Injury Lawyers

Oklahoma City Truck Accident Damages

When an individual is involved in an accident, they may be eligible to seek compensation from the responsible party. The types of damages an injured individual may be eligible to recoup depends on the types of injuries and damages they have sustained from the collision. The damages a person could sustain in a truck accident could be physical, emotional, and financial. Fortunately, there are many types of Oklahoma City truck accident damages an injured individual may be able to recover.

With the help of a knowledgeable truck collision attorney, injured individuals could determine the type of damages they may be eligible to recover.

Types of Recoverable Damages

Due to the various types of injuries a person could sustain, they could recover many types of damages Oklahoma City truck accident damages. Those involved in a truck collision could recover compensation for economic and non-economic damages such as cost of medical expenses, the time that they have missed from work, their pain and suffering, and similar harms they have endured.

Economic Damages

Economic damages are the damages that have a clear dollar value and is an actual financial loss. This includes someone’s medical bills, lost income, out-of-pocket costs, receipts from the pharmacy, and more. An experienced attorney could review the case and calculate the economic damages that an injured person deserves.

Non-economic Damages

Non-economic damages are damages that do not have a clear monetary value. This category of damages includes the pain and suffering, the emotional anguish, physical harms, and other losses experienced by the victim. For non-economic damages, the total compensation is based on what a jury thinks is fair and reasonable. If the claim is settled before trial, the non-economic damages amount to the total that the insurance company is willing to pay. The insurance companies usually look at the facts of the case and the amount awarded by juries in similar cases. The range could be anywhere from a few hundred dollars more than the medical bills to three to five times the medical bills.

Punitive Damages

Punitive damages are rarely awarded and depend on the defendant’s conduct during the accident. There is no specific calculation used to award punitive damages, but it is an amount that is supposed to punish the defendant or prevent the harm from happening again.

Damage Caps

Oklahoma caps non-economic damages at $350,000, but there is no cap on economic damages. The cap could be lifted if there is intentional conduct, punitive damages on behalf of the defendant driver, or a death from the wreck.

For more information about the various types of recoverable Oklahoma City truck accident damages and how to recoup compensation, speak to an experienced attorney.

Who is Responsible for Paying Property Damages?

The at-fault party’s insurance is responsible for paying property damages under the driver’s insurance policy. A person’s auto insurance coverage varies based on the coverage they have purchased. Most people have “full” coverage, which is the minimum coverage required by Oklahoma law. The minimum coverage in Oklahoma City is a 25-50 policy, meaning $25,000 per person and $50,000 per occurrence, and only comes into play if that person was at fault. Their insurance company would step in for up to $25,000 per person or $50,000 total per wreck. If someone was not at fault, their insurance company would only come into play if they have underinsured or uninsured motorist coverage, medical payments coverage, or collision coverage.

How an Attorney Could Help Recover Oklahoma City Truck Accident Damages

Attorneys could help injured individuals get the full and fair amount of the damages. The first step an attorney will take to recover damages after a truck accident is to get all the evidence together, contact the insurance company for the trucking company, or contact the trucking company if the insurance information is not readily available. They will wait until there is an update on the injured victims treatment outlook and will run a demand packet, which summarizes the medical bills and the damages for the insurance company to review. If the two sides cannot get the case settled, then the attorney will file a lawsuit. If you were injured in a truck collision, reach out to a lawyer with experience helping individuals recover Oklahoma City truck accident damages.