Types of Dania beach accident attorney Compensation

Typically, this form of compensation is used to pay for medical expenses such as prescription drugs and devices, physical therapy and surgery. It may also cover the loss of future earnings.

This type of compensation can be described 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 and measurable cost of an accident. These include expenses out of pocket, losses from missed work cost for property damage, and future financial losses that are expected due to disability or injury. These costs are determined by juries and courts using documents such as hospital bills, pharmacy receipts, and vehicle repair estimates.

These costs are fairly simple to prove and are among the most immediate expenses associated with an accident. They include medical expenses, such as the first hospitalization and any subsequent treatment and care. These expenses may also include the cost to repair damaged vehicles and other property items, including household and clothing goods. They could also include the cost of hiring a third party to help with housework or driving your children to school or any other extracurricular events.

Lost wages are a different and important category of economic damages. This is not just the wages you missed due to your injuries but also any loss of productivity during your recovery and any vacation or sick days. In certain instances, you can even recover compensation for the loss of your future earning potential If your injury hinders 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 assert are less clear. These non-economic damages are sometimes more difficult to quantify and can include things like pain and suffering, disfigurement or loss of enjoyment of life.

How do you show these damages?

While a few of the expenses within these categories are straightforward and can be substantiated with receipts and documents, other expenses may require expert testimony. For instance, in cases where an accident lawsuit causes a severe spinal cord injury which leaves a victim partially paralyzed, it may be necessary to consult an occupational expert to determine the full impact of the injury. This will aid the jury or the court to make a precise determination of what your total personal and financial implications will be.

The most complicated forms of economic losses are those relating to future medical expenses and lost earnings. It is possible to record these expenses using a medical professional's estimate of your maximum improvement in your medical condition or when your recovery is expected to be over. However, you'll need to prove your future financial loss by submitting pay bills, expense receipts and other evidence of your past and present income.

Insurance companies are often trying to avoid paying the entire amount of damages they have to pay legally. A knowledgeable personal injury lawyer can make sure that you get all compensation damages to which you are entitled. Dennis and King can set up a free consultation. We can help you recover all of your financial and other damages following the occurrence of a New York auto accident lawsuit or personal injury incident.