Types of accident attorney Compensation

This kind of compensation typically covers medical expenses, such as prescription drugs or devices, physical therapy and surgeries. It may also cover loss of future earnings potential.

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

Economic Damages

Economic damages are the tangible, quantifiable 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. Juries and courts usually calculate these costs based on documentation such as hospital bills, pharmacy receipts and vehicle repair estimates.

These are the immediate expenses of a crash and accident are simple to prove. They include medical expenses, for example, the first hospitalization, as well as any subsequent care and treatment. These expenses may also include the cost of fixing damaged vehicles or other items of property such as clothing and household products. They could also include the cost of hiring someone else to do housework or drive your children to school or extracurricular events.

The loss of wages is a different important category of economic damages. This includes not only the lost wages because of your injuries but also any productivity loss during your recovery as well as sick days or vacation leaves. In some cases you can recover 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 equivalent amount.

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

What can you do to show these damages?

Certain expenses can be established by submitting receipts and documents Some expenses can be proven with receipts and paperwork, while others require expert testimony. For instance, in cases when an accident results in a severe spinal cord injury which leaves a victim partially paralyzed or disabled, 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 make an accurate assessment of your personal and financial impact.

The most complicated types of economic damages are those that involve future medical expenses and lost earnings. It may be possible to document these costs with the help of a medical professional's estimation of when you'll reach the point of maximum medical improvement or when your recovery is likely to end. You will need to prove that you will suffer a future financial loss. This can be done by making a submission of your pay stubs and expense receipts.

Insurance companies are often trying to avoid paying the total amount of damages they must legally pay. A seasoned personal injury lawyer can ensure that you get all compensation damages to which are entitled. Contact Dennis and King today to schedule an initial consultation for free. We can help you pursue the full spectrum of non-economic and financial damage resulting from a New York car accident or other personal injury accident.