Types of accident law firm Compensation

This kind of compensation typically includes medical expenses, which include prescription medications, devices, physical therapy, and even surgery. The compensation could also be used to pay for future earnings.

This kind of compensation is usually referred to as "general damages." However, determining the value of these damages is difficult because insurers employ different methods of calculation.

Economic Damages

Economic damages are the tangible, measurable costs that result from an accident. These are expenses that are out of pocket including lost wages and property damage costs and financial losses that will come from the disability or injury. These costs are figured by juries and courts using documents like hospital bills, pharmacy receipts, as well as vehicle repair estimates.

These costs are fairly simple to prove and are the most immediate expenses incurred by a crash. They usually include medical costs including the initial hospital stay, and all subsequent treatment and care. These expenses may also include the cost to repair damaged vehicles and other items of property, such as clothing and household products. The cost of hiring a person to do chores around the home or take children to and from school or Accident Law firms extracurricular activities can be included in these costs as well.

Loss of wages is another common and Accident Law Firms important category of economic damages. These include not only your missed wages from the time you had to stay home from work due to injuries, but they may also include the loss of productivity in recovering, as well as any vacation or sick leave. In some instances there is a possibility of recovering compensation for the loss of future earning capacity. This is the situation if you are unable to return to your previous career or earn the same amount.

These costs are quite clear and measurable. However other damages you can claim may be more difficult to prove. These non-economic damages can be more difficult to quantify and could include things like pain and suffering, disfigurement or loss of enjoyment of life.

How can you prove these Damages?

Some expenses can be proved by means of receipts and papers Some expenses can be proven with receipts and paperwork, while others require expert testimony. For instance, in situations where an accident leads to serious spinal cord injuries that leaves a victim partially paralyzed, it might be necessary to speak with an occupational specialist to determine the full impact of the injury. This will aid the jury or the court make an accurate assessment of your personal and financial impact.

The most complicated types of economic damages are those relating to future medical expenses and lost earnings. It is possible to record these expenses using a medical professional's estimation of your maximum medical improvement or when your recovery is expected to come to an end. However, you will need to prove the future financial loss by providing pay stubs, expense receipts and other evidence of your current and previous income.

Insurance companies are often trying to avoid paying the total amount of damages they are legally required to pay. A personal injury lawyer who is experienced can ensure that you get all the compensatory damages you are entitled to. Contact Dennis and King today to set up an initial consultation for free. We can help you seek the full range of non-economic and financial damages after an New York car accident or other personal injury accident Law Firms.