When truck accidents happen, they cause more than just physical damage. They also leave a lot of unexpected costs that last months or even a lifetime for some. If you or a loved one were in a truck accident, it would immediately affect you financially and emotionally. However, understanding them can help you prepare for what is ahead. Let us look at each of them:
Lost wages and future earning capability
If you get injured in a truck accident, one of its immediate consequences is lost wages. You cannot return to work because you need time to heal from your injury. If your injury is severe, you might not even be able to go back to your job permanently. That means you lose your ability to earn.
Ongoing medical expenses
Truck accidents often cause severe injuries that need long-term medical care. These costs go beyond the initial treatment. You might need physical therapy, surgeries and medication. In most cases, you might also need counseling to deal with the emotional trauma. All these can add to your medical expenses that can last months or years.
Legal and litigation costs
You may need a personal injury attorney to receive compensation for your truck accident injuries. They can help you gather evidence, file a case or go to court. While some lawyers will agree to get paid after you win, you still need to cover court fees and expert witnesses.
Increase in insurance premiums
Car insurance premiums might still increase if the accident is not your fault. It often happens after you get in an accident. It is even higher if it involves a commercial vehicle because they consider you a higher risk.
Emotional and mental stress
Aside from finances, truck accidents can cause emotional and mental damage. It does not just affect you as a victim but also your family. Mental stress, such as anxiety or depression, can affect your quality of life. Their emotional cost is as real and significant as its financial effect.
Protect yourself and your family
The effects of a truck accident do not end after you heal from the injuries. It can last not only for months or years but even a lifetime. Understanding its hidden costs can help you get the proper support you need. Most of all, it can help you get the compensation you need to recover well.