Large truck accidents can be devastating, often resulting in significant property damage, severe injuries, and even fatalities. Pursuing a truck accident claim can be a complex and expensive process, with various costs and fees involved. Contact RSH Legal – Iowa Personal Injury Lawyers to understand the cost of pursuing a large truck accident claim in Cedar Rapids.
Legal Fees:
When embarking on a quest to seek compensation for a large truck collision, the initial expense one must bear is that of legal fees. Generally, personal injury attorneys operate on a contingency basis, indicating that they receive payment solely if the case is won. Typically, these lawyers levy a percentage of the settlement or award as their fee, typically hovering around the 30% mark. However, the exact percentage may vary depending on factors such as the intricacy of the case and the lawyer’s expertise.
Other Costs:
Pursuing a large truck accident claim can be a costly endeavor beyond the legal fees. The first expenses to consider are medical costs, as they can accumulate rapidly following the accident. These expenses encompass emergency care, hospitalization, surgeries, and continuous rehabilitation. Investigative costs are another financial burden that may be incurred in building a strong case, which could include accident reconstruction, witness interviews, and expert testimony.
Alongside these, court costs can also accumulate, such as filing fees, depositions, and transcripts. Finally, other expenses, such as travel costs, postage, and photocopying expenses, should not be overlooked when calculating the total costs of pursuing a large truck accident claim.
Damages:
In the aftermath of a truck accident, damages are granted to alleviate the victim’s losses. These damages are typically split into three categories, starting with economic damages that aim to recover the victim’s financial losses caused by the accident. These losses may include medical expenses, lost wages, and property damage, among others.
Additionally, non-economic damages seek to reimburse the victim for intangible losses such as emotional distress, pain and suffering, and loss of enjoyment of life.
Finally, in cases where the defendant’s conduct is deemed abhorrent or intentional, punitive damages may be awarded as a punishment to deter similar behavior. As the specific circumstances of each case can vary, the amount of damages awarded depends on the factors involved.
Final thoughts:
In the wake of a truck accident, it’s crucial to seek guidance from a seasoned personal injury attorney to safeguard your rights and receive the compensation you’re entitled to.
