Guide To Accident Litigation: The Intermediate Guide To Accident Litigation

Types of accident attorney Compensation

This type of compensation typically includes medical expenses, which include prescription drugs, devices, physical therapy, and surgery. It could also cover the loss of future earnings potential.

This type of compensation may be described as "general damages." It can be challenging to determine the amount of these damages because insurers use different methods of calculation.

Economic Damages

Economic damages are the tangible and measurable cost of an accident. These include expenses out of pocket, losses from missed work cost for property damage, and accident future financial losses that are expected due to the disability or injury. These costs are estimated by juries and courts using documents such as hospital bills, pharmacy receipts, and estimates for repairs to vehicles.

These costs are fairly simple to prove and are among the most immediate costs associated with an accident. They usually include medical costs, such as the initial hospital stay, and any follow-up treatment and care. These expenses may also comprise the cost of repairing damaged vehicles or other items of property, such as clothing and household goods. They could also include the cost of hiring a third party to assist with household chores or transport your children to school or any other extracurricular activities.

Lost wages are another frequent and significant category of economic damages. This includes not only the income you lost due to your injuries but also any productivity loss while you recover, and any vacation or sick days. In certain cases you can also claim compensation for the loss of your potential earnings If your injury hinders you from returning to your former job or stops you from earning the same amount in the future.

Although these costs are easy to quantify, some of the other damages you could assert are less clear. These non-economic damages are often more difficult to quantify and may include things like pain and suffering, disfigurement and loss of enjoyment of life.

How can you prove these damages?

Certain expenses can be proven by means of receipts and papers however, some expenses may require expert testimony. For example, in cases where an accident leads to an extensive spinal cord injury that leaves a victim partially paralyzed, then it could be necessary to consult with an occupational specialist to determine the full impact of the injury. This can aid the jury or the court to determine the full extent of personal and financial consequences will be.

The most complicated forms of economic losses are those relating to future medical expenses and lost earnings. You might be able to prove these expenses by using a medical professional’s estimation of your greatest medical improvement or when your recovery is expected to end. You'll need to show that you are likely to suffer a future financial loss. This can be done by making a submission of your pay stubs and expense receipts.

Insurance companies will try to avoid paying the full amount of damages that they are legally obliged to pay. A knowledgeable personal injury lawyer can ensure that you receive all compensatory damages to which you are entitled. Contact Dennis and King today to set up an initial consultation for free. We can help you seek all of your non-economic and economic injuries resulting from a New York car accident or other personal injury accident.