Types of Accident Compensation

This type of compensation usually covers medical costs, including prescription medications and devices, physical therapy and even surgery. It could also cover the loss of future earnings.

This type of compensation is commonly referred to as "general damages." It isn't always easy to determine the amount of these damages since insurers use different methods for vimeo calculation.

Economic Damages

Economic damages are the tangible and measurable costs resulting from an swissvale accident law firm. These are expenses that are out of pocket such as lost wages as well as property damage costs and financial losses that will come from the disability or injury. The courts and juries usually determine these costs by using documents like pharmacy receipts, hospital bills and estimates for vehicle repairs.

These are the immediate costs of a crash, and are easy to prove. They usually include medical costs including the initial hospitalization and all subsequent treatment and care. They could also include the cost of repairing a damaged vehicle or other property items like clothing and household items. These expenses could also include the cost of hiring someone else to help with housework or driving your children to school or any other extracurricular activities.

Lost wages are another common and important category of economic damages. This includes not only the wages you have missed due to your injuries, but also the lost productivity during your recovery and any vacation or sick days. In some instances you may even be able to claim compensation for the loss of your potential earnings if your injury prevents 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 are less obvious. These non-economic damages are often more difficult to quantify and could include things like pain and suffering, disfigurement or loss of enjoyment.

How Do You Prove These Damages?

Certain expenses can be substantiated by means of receipts and papers, but others may require expert testimony. For example, in cases where an accident causes serious spinal cord injuries that renders a person partially paralyzed, it might be necessary to speak with an occupational expert to determine the full impact of the injury. This will help the court or jury determine with certainty what your full range of personal and financial consequences will be.

The most complicated economic damages are those relating to future medical expenses and lost earnings. It is possible to document these expenses by using a medical professional's assessment of when you will reach maximum medical improvement, or when your recovery is likely end. You must prove that you'll suffer a future financial loss. This can be accomplished by providing your pay stubs or expense receipts.

Insurance companies try to not pay as much damages as they are required to. A personal injury lawyer with experience will ensure you receive all the compensatory damages you are entitled to. Dennis and King will schedule a no-cost consultation. We can assist you with the full spectrum of non-economic and financial damages following a New York car accident or any other personal injury or accident.