Economic Losses in a Fatal Motor Vehicle Crash

Motor vehicle crashes can result in serious injuries and even fatalities. Each year, thousands of people die in devastating wrecks on U.S. roadways. Those accidents lead to emotional anguish for families as well as often unexpected financial losses. The National Safety Council estimated that in 2015, the average cost for economic losses in a fatal motor vehicle crash was $1,542,000.

If your loved one has passed away in a fatal motor vehicle crash, call Staver Accident Injury Lawyers, P.C. at (312) 236-2900. We will evaluate your claim and help you recover compensation for the losses you’ve incurred due to someone else’s negligence or recklessness.

Economic Loss Due to Fatal Car Wrecks

In a car accident, you may recover non-economic and economic losses. Non-economic losses, such as pain and suffering, are difficult to assess monetarily. Economic losses, however, are more easily estimated and proven.
There are several types of economic losses that stem from fatal motor vehicle crashes. Economic losses may include, but are not limited to:

• Property damage – The value of damages caused to your motor vehicle as a result of the accident is known as property damage. It does not include the cost of normal vehicle wear and tear. These damages are often extensive in fatal motor vehicle crashes.
• Medical expenses – In a fatal accident, medical expenses are often extremely high. They may include ambulance costs, emergency room and hospital fees, doctor’s fees, medication costs, and any other medical expenses incurred by your loved one before they passed away.
• Lost wages – If your loved one was employed prior to the accident, the amount they would have contributed to your family for an extended period of time can be recovered from those responsible for their death.
• Funeral and burial expenses – Costs associated your loved one’s funeral and burial can also be recovered from those responsible for the fatal car accident. This might include the cost of a casket, cremation, services, and more.

How a Chicago Fatal Lawyer Can Help

If you have lost a family member in a fatal car crash that was the result of someone else’s negligence, it is in your best interest to consult a Chicago fatal attorney from Staver Accident Injury Lawyers, P.C. as soon as possible.

They will investigate your case, prove negligence, and determine which economic losses you may be able to recover. Regardless of if your loved one died in a drunk driving accident, speeding crash, head-on collision, T-bone accident, or rollover accident, we can help.

Our Chicago fatal accident attorneys at Staver Accident Injury Lawyers, P.C. understand the devastation and emotional pain that comes with losing a loved one in a fatal car crash. We are committed to helping you file a claim that can ease the financial burden that the death has brought to you and your family.

Our car accident attorneys serve clients throughout the Chicago area, including Aurora, Elgin, Hinsdale, Joliet, Naperville, and Waukegan. Call us today at (312) 236-2900 for a free case consultation.