Lost Income Following a Vehicle Accident
After a serious accident, an injured victim experiences significant pain and suffering and mounting medical bills. Many injured victims miss significant amounts of time from work. Lost time from work and lost income create significant pressures on a family. Under Missouri law, an injured victim is entitled to claim lost wages as damages from a vehicle accident.
Documentation of the Inability to Work
The Roberts Law Firm P.C. has worked with numerous injured victims in Missouri to recoup lost wages following a vehicle accident. There are specific documents and information that the opposing insurance company or Court will require to establish evidence of lost wages. Establishing the basis for lost wages also requires proper medical documentation of the inability of the injured victim to work.
Calculation of Lost Wages
The Roberts Law Firm P.C. commonly submits requests to an injury victim's employer for lost time from work documentation and salary information. The calculation of lost wages includes any lost opportunity to receive overtime pay or salary or wage increase from an impending promotion or pay increase. Vacation days or lost days from work that are used should also be considered in the calculation of lost wages. Attorney Greg L. Roberts will work to make sure that all documentation is in order to assert a full and complete lost wages claim. Getting the lost wages documentation in order from the start of the case helps begin the process of preparing the case for trial and providing a detailed and successful accounting of lost wages to the Judge and jury in the case.
Loss of Earning Capacity
Loss of earning capacity can become a very important issue when the injuries are permanent and the ability to work is forever affected. Permanent injuries resulting from a vehicle accident mean that an injury victim will lose a significant amount of his or her earning capacity into the future.
Calculation of the present value of future wages losses can require review and evaluation of the evidence by an expert accountant or economist. The expert will evaluate future income potential and include in the calculation all lost benefits of employment, including:
- lost pension or retirement contributions
- lost health and dental insurance and
- future lost earning potential, including future raises and increases in earnings that were lost because of the vehicle accident
- lost employment benefits
Obtaining Full and Complete Compensation
The opposing insurance company adjuster will demand full and complete documentation in order to justify paying compensation for lost wage damages. Attorney Greg L. Roberts works to force the insurance company to pay full compensation for all lost wages and for all other recoverable damages following a vehicle accident.
No Recovery, No Fee
The Roberts Law Firm P.C. takes personal injury cases on a contingency basis. This means you will only pay attorney's fees if we obtain compensation for you. For a free consultation, call us toll-free at 866-585-3690, locally at 636-489-4187 or contact us online.
