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Don't Forget Accident Litigation: 10 Reasons That You No Longer Need It
Types of Accident Compensation

Typically, this kind of compensation is used to pay for medical expenses such as prescription devices and drugs such as physical therapy, surgery and so on. This type of compensation can also be used to cover future earnings.


This type of compensation is often called "general damages." However, determining the value of these damages can be difficult since insurers employ different methods of calculation.

Economic Damages

Economic damages are the tangible and quantifiable costs associated with an accident. These include expenses out of pocket for lost wages due to missed work damages to property and future financial losses that are expected due to the disability or injury. These costs are calculated by juries and courts based on documents like hospital bills, pharmacy receipts, and vehicle repair estimates.

These are the immediate expenses of a crash and are simple to prove. They usually include medical costs including the initial hospital stay, and all follow-up care and treatment. They could also include the cost of repairing or replacing a damaged vehicle or other property items like clothing and household items. They could also include the cost of hiring a person to assist with household chores or transport your children to school or extracurricular events.

Loss of earnings is another important type of economic loss. This is not just the income you lost due to your injuries but also the lost productivity while you recover, and any sick days or vacation leaves. In certain instances you may even be able to claim compensation for the loss of your potential earnings If your injury hinders you from returning to your previous job or prevents you from earning the same amount in the future.

These costs are fairly clear and quantifiable. However, other damages that you can claim may be more difficult to prove. portsmouth accident lawyer -economic damages can be more difficult to quantify, and could include things like pain and suffering, disfigurement or loss of enjoyment of life.

How do you prove the damage?

Some expenses can be proved with receipts and paperwork Some expenses can be proven with receipts and paperwork, while others require expert testimony. When an accident causes severe spinal injury that leaves the victim partially paralyzed it may be necessary to consult an occupational specialist to determine the impact of the injury on the victim. This will help the court or jury make an accurate determination of the full scope of personal and financial consequences will be.

The most complicated economic losses are those that relate to future medical expenses and lost earnings. It is possible to document these costs by using a medical professional's assessment of when you'll reach maximum medical improvement, or when your recovery is likely be over. However, you'll need to prove the future financial loss by submitting pay invoices, stubs and other evidence of your past and present income.

Insurance companies are often trying to avoid paying the total amount of the damages they are legally required to pay. A knowledgeable personal injury lawyer can make sure that you receive all compensation damages to which you are entitled. Contact Dennis and King today to schedule an initial consultation for free. We can assist you in recovering all of your economic as well as other damages following a New York auto accident or personal injury.

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