* Calculate the average daily revenue for the delivery vehicle based on the previous month's sales records.
* Multiply the average daily revenue by the number of days the vehicle was out of service.
Expenses
* Vehicle rental or lease payments: If you had to rent or lease a replacement vehicle, include the daily or weekly cost.
* Fuel and maintenance: Include the cost of fuel and any maintenance expenses incurred during the time the vehicle was out of service.
* Employee wages: If you had to pay employees who were unable to work due to the vehicle being out of service, include their wages.
* Other expenses: Include any other expenses related to the accident, such as towing, storage, or repairs to the damaged vehicle.
Total Losses
Add the lost income and expenses to calculate the total losses incurred as a result of the accident. This amount can be used to file a claim with your insurance company or the at-fault driver's insurance company.
