Notes

Watch Out: How Accident Litigation Is Taking Over And How To Stop It
Types of Accident Compensation

Typically, this type of compensation covers medical bills including prescription drugs and devices, physical therapy and surgery. It may also cover the loss of future earnings.

This kind of compensation could be described as "general damages." It can be challenging to determine the value of these damages due to the fact that insurers employ different methods of calculation.

Economic Damages

Economic damages are the tangible, quantifiable costs that result from an accident. These include out-of-pocket expenses like lost wages damages to property, and future financial losses resulting from the injury or disability. These costs are estimated by juries and courts using documents such as hospital bills, pharmacy receipts and vehicle repair estimates.

These are the direct costs of a crash and are simple to prove. They often include medical expenses including the initial hospital stay, and all follow-up care and treatment. They can also include the cost to repair damaged cars or other property items, such as clothes and household goods. These expenses could also include the cost of hiring someone else to help with housework or driving your children to school or other extracurricular activities.

Loss of wages is another important aspect of economic damages. berkeley accident attorney includes not only the lost wages due to your injuries but also the lost productivity during your recovery as well as sick days or vacation leaves. In some cases it is possible to recover compensation for the loss of future earnings capacity. This is the situation in the event that you cannot resume your previous work or earn the equivalent amount.

While these costs are transparent and quantifiable, some of the other damages you could assert are less clear. These damages that are not economic can be more difficult to quantify and include things like pain and discomfort or disfigurement, as well as loss of enjoyment.

How can you show these damages?


Certain expenses can be established with receipts and paperwork Some expenses can be proven with receipts and paperwork, while others require expert testimony. In the event that an accident causes a severe spinal injury that leaves the victim partially paralyzed, it could be required to consult with an occupational expert to determine how the injury will affect the victim. This will assist the jury or court determine the true extent of your personal and financial impact.

The most complicated economic losses are those relating to future medical expenses and loss of earnings. It is possible to document these expenses by using a medical professional's assessment of when you'll achieve the point of maximum medical improvement or when your recovery will likely be over. However, you'll need to prove your financial loss by providing pay bills, expense receipts and other evidence of your current and past income.

Insurance companies are trying to keep from paying as much damages as they are obligated to. A seasoned personal injury lawyer can make sure that you get all compensatory damages to which you are entitled. Contact Dennis and King today to set up an initial consultation for free. We can assist you in pursuing the full range of your non-economic and economic injuries resulting from a New York car accident or another personal injury event.

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