Your landlord, utility company, creditors, and local grocery store do not care that you were in a motorcycle accident and that you are unable to work. It is not your income that matters to them; it is your payments. Accordingly, you are going to have to figure out a way to pay them even if you are unable to work, or unable to earn the same income that you did prior to your accident.
The Person Who Hurt You May Be Required to Compensate You for Your Lost Income
If another driver’s negligence caused your accident injuries, then it is that driver who is responsible for paying for your lost income and other damages. Often, it is that driver’s insurance company that will pay for your lost income. However, in order to make a fair recovery for your lost income you are going to have to prove exactly how much income you lost due to your injuries.
How Lost Income is Calculated
Lost income may include…
- All of your income if you are unable to work at all because of your injuries.
- The difference between the income you earned prior to the accident and the income you earn now, if you are unable to work the same job or the same hours as you did prior to the accident because of the injuries you sustained in the crash.
- Wages paid by an employer or money earned directly from clients or customers, if you own your own business or you are an independent contractor.
- The cost of benefits if you incur additional costs because of a job change or reduced work hours.
- The loss of other benefits if reduced hours or a job change result in a change of benefits.
You may have to fight for your fair recovery of lost income, just as you do for other parts of your damages—such as your medical expenses, pain and suffering. However, you don’t have to do any of this alone. Instead, you have the right to work with an experienced Iowa motorcycle accident lawyer to get the fair recovery you deserve.