What Are Pecuniary Damages In An Automobile Accident?

When you are involved in an automobile accident, chances are that you will be injured in some way. Your injury may be minor and require very little medical attention and recovery; however, you may experience severe injuries that require substantial medical attention and a long recovery. When you are injured due to the negligence, carelessness or recklessness of another party, you may be entitled to pecuniary damages in an automobile accident.

Pecuniary damages are financial losses that you suffer due to the injuries you received in an automobile accident. You can think of these expenses as out-of-pocket expenses that you suffer now because of the accident or in the future because of the accident. One of the largest pecuniary expenses in an automobile accident is medical expenses.

Medical expenses can range from a few hundred dollars for minor injuries to hundreds of thousands of dollars for severe injuries. The amount of medical expenses that you incur will depend on the severity of your injuries from the automobile accident. The medical expenses included in pecuniary damages in an automobile accident include both past and future medical expenses. For example, if you must have ongoing medical treatments for a permanent injury, the cost of those medical expenses may be included in the pecuniary costs in an automobile accident claim.

Lost wages is another type of pecuniary damages in an automobile case that can be large depending on the circumstances of the case. As with medical expenses, you may include past and future lost wages in the total of pecuniary damages. Future lost wages could be substantial if you are unable to return to work for a long period or if you are unable to return to work at all.

Other pecuniary damages in an automobile accident case include out-of-pocket expenses such as paying another person to perform household chores that you are unable to perform due to your injuries and the need for special medical equipment.

Pain and suffering are not including in pecuniary damages in an automobile accident as pain and suffering is not a quantifiable or measurable amount. Pain and suffering is calculated based on other perimeters that our attorneys can explain in further detail at your free consultation.

Contact an Experienced Automobile Accident Attorney

We’ve Helped Thousands of KY Families, we can help you!

The personal injury attorneys of Musselwhite Meinhart & Staples, PSC have over 50 years of combined legal experience handling personal injury cases. This experience has enabled the attorneys to achieve the best possible results for their clients time and time again. Your case is important to you; therefore, it is important to us. We represent clients in Hardin County and Jefferson County and throughout central Kentucky from our office in Radcliff and Elizabethtown and Louisville.

Contact us at (270) 351-6069 or 1-800-754-HELP to schedule a free consultation with one of our attorneys. You may also contact our office through our convenient online contact form. We look forward to meeting with you to discuss your legal options for collecting compensation for your injuries.