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automobile accident where I might be responsible for the death of the person in another vehicle that I might hit head on?

2007-02-06 11:19:37 · 2 answers · asked by Anonymous in Business & Finance Insurance

2 answers

In Maine, wrongful death suits (including those caused by auto accidents) are subject to the following statute:

Maine Wrongful Death Statute
Title 18-A MRSA Section 2-084

Under Maine law, whenever the death of a person is caused
by a wrongful act or the negligence of another party, the
person or corporation who caused the death is liable for
damages to the estate of the person who died.

Damages under the Maine Wrongful Death act may be
awarded as follows:

(1) Pecuniary Damages - Pecuniary damages include the lost
earnings that the decedent would have earned for his
family during his or her work-life expectancy. (As an
example, assume that a male decedent 45 years of age
is killed in an automobile collision and that at the time of
the accident he was earning $50,000 per year. Based on
his work life expectancy of 16.6 years, the present value
of his future lost earnings based would be $547,200
based on a 4% fair rate of return.

(2) Medical, Surgical & Hospital Care;

(3) Funeral Expenses;

(4) Loss of comfort, society & companionship up to a limit
of $400,000.

(5) Punitive Damages - in cases on intentional actions
(e.g. murder) not to exceed $75,000.

Hope this helps.

2007-02-06 15:42:10 · answer #1 · answered by Gambit 7 · 0 0

There isn't a set formula.

2007-02-06 14:07:18 · answer #2 · answered by Anonymous 7 · 0 0

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