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Types of southside Accident law firm Compensation

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

This type of payment can be described as “general damages.” It isn’t always easy to determine the amount of these damages because insurers have different methods of calculation.

Economic Damages

Economic damages are the tangible and measurable costs resulting from an lake jackson accident lawyer. These include out-of pocket expenses such as lost wages and property damage costs and financial losses that will come from the injury or disability. Courts and juries typically calculate these costs by using documents like hospital bills, pharmacy receipts and estimates for vehicle repairs.

These expenses are relatively simple to prove and are the most immediate costs associated with the event of a crash. They include medical costs, like the initial hospital stay, and any subsequent treatment and care. They may also include the cost of repairs to a damaged vehicle or other property items, such as clothing and household goods. The cost of hiring someone to do chores around the house or drive children to and from school, or extracurricular activities could be included in these expenses, as well.

Loss of earnings is another important category of economic damages. This is not just the income you lost because of your injuries but also the lost productivity during your recovery as well as sick days or vacation leaves. In certain cases you could even receive compensation for the loss of your future earning potential if your injury prevents you from returning to your former job or prevents you from earning the same amount in the future.

While these costs are relatively clear and measurable, some of the other damages you may claim are not as clear. These non-economic damages are more difficult to quantify, and include things like pain and discomfort disfigurement, loss of enjoyment in life.

How can you demonstrate these damages?

Certain expenses can be proven through receipts or paperwork however, some expenses may require expert testimony. For instance, in cases where an accident causes an extremely severe spinal cord injury that leaves the victim partially paralyzed, then it could be necessary to consult an occupational expert to determine the full impact of the injury. This can assist the jury or court determine the true extent of your financial and personal impact.

The most complicated economic damages are those that involve future medical expenses and loss of earnings. It may be possible to document these costs by using a medical professional’s assessment of when you will reach the point of maximum medical improvement or the time when your recovery will likely be over. However, you’ll have to prove your financial loss by submitting pay stubs, expense receipts as well as other proof of your current and previous income.

Insurance companies try to avoid paying the entire amount of damages they have to pay legally. A knowledgeable personal injury lawyer can ensure that you receive all compensation to which you are entitled. Contact Dennis and King today to set up a free consultation. We can assist you with all of non-economic and financial damages following a New York car accident or other personal injury incident.