Guide To Accident Litigation: The Intermediate Guide To Accident Litigation

Types of Accident Compensation

This type of compensation usually covers medical expenses, such as prescription drugs and devices, physical therapy, and surgeries. This compensation may include future earnings potential.

This type 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 measurable costs resulting from an accident. These include out-of-pocket expenses for lost wages due to missed work, property damage costs and future anticipated financial losses due to the disability or injury. These costs are determined by juries and courts using documents like hospital bills, pharmacy receipts, as well as estimates of repairs to the vehicle.

These costs are relatively easy to prove and are among the most immediate expenses incurred by an accident lawyer. They typically include medical expenses, such as the initial hospitalization and all subsequent care and treatment. These expenses may also include the cost of fixing damaged cars or other items of property such as clothing and household products. These expenses can also include the cost of hiring a person to take care of household chores or driving your children to school or extracurricular events.

The loss of wages is an additional important type of economic damage. This includes not only the wages you missed due to your injuries but also the lost productivity while you recover, and any vacation or sick days. In some instances you can recover compensation in the event of a loss of future earnings capacity. This is the case if you are unable to return to your previous job or earn the same amount.

These costs are easily identifiable and quantifiable. However other damages you are able to claim could be less clear. These damages that are not economic can be more difficult to quantify, and include things like discomfort and pain disfigurement, loss of enjoyment.

How Can You Prove These Damages?

Certain expenses can be proven with receipts and paperwork However, others might require expert testimony. For instance, in situations where an accident lawyer leads to a severe spinal cord injury which leaves a victim partially paralyzed, accident it might be necessary to speak with an occupational expert to determine the full impact of the injury. This can help the jury or court to make a precise assessment of your financial and personal impact.

The most complicated economic losses are those that involve future medical expenses and lost earnings. You may be able record these expenses using a medical professional’s estimate of your maximum medical improvement or when your recovery is expected to end. You will need to prove that you'll suffer a future financial loss. This can be accomplished by providing your pay stubs or expense receipts.

Insurance companies will try to avoid paying the total amount of damages they must legally 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 be able to schedule a free consultation. We can help you seek all of non-economic and financial injuries resulting from a New York car accident or other personal injury accident.