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20 Fun Informational Facts About Accident Litigation
Types of Accident Compensation

Typically, this type compensation covers medical expenses like prescription drugs and devices, physical therapy and surgery. This compensation may include future earnings potential.

This kind of compensation is commonly referred to as "general damages." However, determining the amount of these damages is difficult because insurers employ different methods of calculation.

Economic Damages

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

These are the direct costs of a crash and are easy to prove. They often include medical expenses, such as the initial hospital stay, and all follow-up care and treatment. They can also include the cost of a damaged vehicle or other property items, including household and clothing products. These expenses can also include the cost of hiring a third party to take care of household chores or driving your children to school or any other extracurricular events.

Loss of wages is another common and important category of economic damages. These include not only your missing wages from the time you had to stay home from work because of injuries, but be a factor in the loss of productivity in recovering, as well as any use of vacation or sick days. In certain instances you can also claim compensation for the loss of your potential earnings if your injury prevents you from returning to your previous job or hinders you from earning the same amount in the future.

While these expenses are easy to quantify, some of the other damages you may claim are less so. fall river accident attorneys -economic damages can be more difficult to quantify, and include things like discomfort and pain, disfigurement, and loss of enjoyment in life.


How Can You Prove These Damages?

While a few of the expenses in these categories are easy to prove by receipts and paperwork However, some expenses will require expert testimony. For instance, in the event where an accident leads to an extensive spinal cord injury that renders a person partially paralyzed or disabled, it could be necessary to consult with an occupational specialist to assess the full impact of the injury. This will aid the jury or the court to determine what your total personal and financial consequences will be.

The most complex economic damages are those relating to future medical costs and lost earnings. It may be possible to document these costs with the help of a medical professional's estimation of when you'll achieve the point of maximum medical improvement or when your recovery will likely come to an end. You'll need to show that you'll suffer future financial loss. This can be accomplished by submitting your pay stubs or expense receipts.

Insurance companies will attempt to avoid paying the full amount of damages that they are legally required to pay. A personal injury lawyer who has the right experience will ensure you receive all the compensation you are entitled to. Dennis and King will schedule a no-cost consultation. We can help you recover all of your financial and other damages after a New York auto accident or personal injury.

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