Types of waycross accident lawsuit Compensation

This kind of compensation typically covers medical expenses, including prescription medications or devices, physical therapy, and surgery. It may also cover loss of future earnings.

This type of payment can be described as "general damages." However, determining the value of these damages can be difficult because insurers employ different calculation methods.

Economic Damages

Economic damages are the tangible and quantifiable costs associated with an accident. These include out-of-pocket expenses for lost wages due to missed work, property damage costs and the potential for future financial losses due to the injury or disability. These costs are figured by juries and courts based on documents like hospital bills, pharmacy receipts and estimates for repairs to vehicles.

These expenses are relatively simple to prove and are among the most immediate expenses that are incurred in the event of a crash. They include medical costs, for example, the first hospitalization, as well as any subsequent care and treatment. They can also include the cost of fixing damaged cars or other items of property such as clothing and household goods. The cost of hiring someone to take care of chores around the house or transport children to and from school, or other activities may be included as well.

The loss of wages is an additional important category of economic damages. These include not only your missed wages from the time you were forced to stay home from work because of your injuries, but include the loss of productivity in recovering, as well as any vacation or sick leave. In some instances, you can even recover compensation for the loss of your potential earnings If your injury hinders you from returning to your previous career or prevents you from earning the same amount in the future.

While these expenses are clear and measurable, some of the other damages you can claim are not as clear. These damages that are not economic can be more difficult to quantify and could include things like pain and suffering, disfigurement and loss of enjoyment of life.

How Can You Prove These Damages?

Some expenses can be proved through receipts or paperwork, but others may require expert testimony. When an accident causes a severe spinal injury that causes the victim to be partially paralyzed, it might be required to consult with an occupational specialist to determine how the injury will affect the victim. This can help the court or jury make an accurate determination of what your full range of personal and financial implications will be.

The most complex types of economic losses are those that relate to future medical expenses and lost earnings. You may be able document these costs using a medical professional's estimation of your greatest medical improvement or when your recovery is expected to be over. However, you'll have to prove the future financial loss by submitting pay stubs, expense receipts as well as other proof of your current and past income.

Insurance companies will try to avoid paying the total amount of the damages they are legally required to pay. A knowledgeable personal injury lawyer will ensure that you get all compensation to which you are entitled. Contact Dennis and King today to set up a free consultation. We can help you seek all of economic and non-economic injuries resulting from a New York car orem accident lawsuit or any other personal injury or butner accident lawsuit.