The Financial Consequences of Truck Accidents for Victims

the financial toll of a truck accident can be extreme

Commercial truck accidents do not only cause severe injuries for everyone involved but will also lead to severe financial losses. These financial losses may include medical expenses, loss of income or property damage. This blog post will take a look at the financial consequences of truck accidents for victims, explaining how a truck crash lawyer in Atlanta, Georgia can help you recover damages.

The Financial Consequences of Truck Accidents

Truck accidents can impose substantial financial burdens on those involved. The financial impact of these accidents can be categorized into several areas:

Medical Expenses

Medical expenses are the most significant financial burden that truck accident victims may face. If victims do not have medical insurance, or if a medical claim is unsuccessful, the victim will be required to pay for medical treatment. This will include hospital visits, transportation to medical facilities, rehabilitation and physical therapy.

According to the FMCA (Federal Motor Carrier Safety Administration) the average cost of a truck accident in which a person was injured amounted to $279,702.96, taking inflation into account.

Loss of Income

Victims may also face loss of income due to temporary or permanent disability. This loss can be particularly devastating for victims who were the primary earners for their families.

Loss of income or loss of earning capacity is recoverable. If you have suffered a loss as a result of a truck accident, it will be in your best interest to contact an attorney who will be able to assist in obtaining evidence such as payslips and medical records, substantiating your claim.

Vehicle Damage and Loss

Trucks, due to their size and weight, can cause major damage to smaller vehicles involved in the collision. Auto repair bills after accidents are estimated to be thousands of dollars from regular auto accidents, and these bills can be much higher if your vehicle is crushed in a crash with a truck.

In most cases the size and weight of the truck will damage a vehicle to such an extent that the vehicle will not be able to be repaired leading to a write off and total loss for the owner.

truck crashes result in expensive damages

Loss of Use Costs

If your vehicle is inoperable after an accident, you’ll have more difficulty getting around, getting to work, and so on. This inconvenience, known as loss of use, can lead to additional costs such as rental car fees. Even going a single day or just a few hours without the use of your own personal vehicle can be a big problem for many people, leading to lost salary and other issues.

Responsibilities of Trucking Companies

Trucking companies have a responsibility to ensure that their vehicles are properly maintained, that their drivers are properly trained, and that they adhere to all safety regulations. If a trucking company fails in any of these areas, it can be held liable for any accidents that occur as a result.

Role of Truck Drivers

Truck drivers also play a crucial role in accident liability. Georgia Statute § 51-1-36 places a duty of care on drivers, this care extends to truck drivers as well. If a driver is found to be negligent or engaging in reckless behavior, they can be held responsible for any accidents they cause.

Maintenance and Liability

Maintenance is another important aspect of truck accident liability. Federal Motor Carrier Safety Regulations  mandate that commercial trucks be inspected and properly maintained to prevent any mechanical failures that could lead to accidents.

Trucking companies often neglect maintenance to pressure on delivery time. Those responsible for the maintenance of trucks can be held liable if their negligence contributes to an accident.

An Atlanta Truck Accident Lawyer Will Fight for Your Rights

The financial consequences of truck accidents for victims can be severe. However, with the right legal guidance of an Atlanta truck accident lawyer and understanding of the laws, victims can navigate these challenges and seek the compensation they deserve. Contact the Weinstein Law Firm at 770-HELP-NOW for a free case review.

Latest Posts

Car Accidents in Bad Weather: Liability and Insurance Issues
Car Accidents in Construction Zones: Understanding Liability and Compensation
What Happens When Bus Company Negligence Leads to an Accident?
Motorcycle Road Hazards: Potholes, Gravel and Liability in Georgia
Get the compensation
you deserve $$$

Local Auto Accidents

  • Atlanta
  • Conyers
  • Decatur
  • Kennesaw
  • Lawrenceville
  • Morrow
  • Watkinsville

Atlanta traffic: All lanes blocked on I 85 South Gwinnett County  11Alive.com WXIA [...]

Driver killed in wreck involving garbage truck in Stonecrest  FOX 5 Atlanta [...]

16-Year-Old Boy Becomes 5th Student from Georgia High School to Die in Crash This School Year  PEOPLE [...]

I 20 traffic Atlanta crash before I 285 lanes closed | 11alive.com  11Alive.com WXIA [...]

Lakeside High School students involved in deadly DeKalb County crash  FOX 5 Atlanta [...]

16-year-old student dies in crash, marking Lakeside High's fifth traffic fatality this school year  Decaturish.com [...]

3 Dead In Fiery South Fulton Crash Involving Slingshot: Reports  Patch [...]

2 killed in multi-car crash in DeKalb County  WSB Atlanta [...]

Police allege that Lakeside High student was driving under influence before fatal crash  Atlanta News First [...]

Police allege that Lakeside High student was driving under influence before fatal crash  Decaturish.com [...]

Two pickups crash killing woman and injuring four other people  Online Athens [...]

Athens man killed in vehicle vs pedestrian accident on Commerce Road  WGAU [...]

Watkinsville man killed following truck crash on Commerce Road  Online Athens [...]

Daniel Thomas “Danny” Roland  Now Habersham [...]

Oconee Blotter: Car break-ins reported, guns, cash, computer stolen  Online Athens [...]

Clayton County: Stolen ambulance chase leads to crash near Tara Boulevard, Dixon Road  FOX 5 Atlanta [...]

Ways To Reduce Parent Anxiety About Teen Driving – Forbes Advisor  Forbes [...]

Teenage car break-in suspect in Gwinnett County struck by vehicle  FOX 5 Atlanta [...]

Teen caught breaking into cars runs, gets hit by a car and critically injured, police say  WSB Atlanta [...]

Georgia state trooper dies after being hit by car while investigating fatal pedestrian crash on I-75  Atlanta News First [...]

Car takes off from traffic stop, crashes into 2 houses in Cobb County  Atlanta News First [...]

5 injured, including 10-year-old, in Cobb County crash, police say  WSB Atlanta [...]

Collision on Cobb Parkway results in multiple injuries including two serious and another life-threatening  Cobb County Courier [...]

I 75 North traffic near Kennesaw slowed vehicle fire  11Alive.com WXIA [...]

19-year-old motorcyclist killed in crash; speed likely a factor, Cobb County police say  WSB Atlanta [...]

Breaking: Gwinnett PD seeks witnesses in 2 crashes resulting in 4 fatalities, including 2 children  Monroe Local News [...]

Child dead after being hit by car in Mall of Georgia parking lot, 2 others injured, police say  WSB Atlanta [...]

4 Dead, At Least 3 Injured In 2 Gwinnett Co. Crashes  Patch [...]

Car Crash In Peachtree Corners Leaves 3 Dead, 3 Injured  Gwinnettdailypost.com [...]

1 driver fighting for life after Grayson Highway wreck shut down roadway for hours  FOX 5 Atlanta [...]

Who Has the Cheapest Car Insurance Quotes in Georgia in 2024?  ValuePenguin [...]

Victim ID'd in fatal crash at Tobacco Road, Woodcock Drive  WRDW [...]

I 20 traffic Atlanta crash before I 285 lanes closed | 11alive.com  11Alive.com WXIA [...]

Conyers police officer released from hospital after being injured during chase  FOX 5 Atlanta [...]

Conyers officer discharged from hospital after injury in chase, crash, police say  WSB Atlanta [...]

Free Case Review
Weinstein law firm logo
Let's get started with your FREE consultation