Types of Accident Compensation

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

This kind of compensation could be described as "general damages." However, determining the value of these damages is complicated because insurers use different methods of calculation.

Economic Damages

Economic damages are the tangible and measurable cost of an boerne accident law firm. These include out-of pocket expenses such as lost wages as well as property damage costs and future financial losses resulting from the injury or disability. Courts and juries usually calculate these costs by using documents like hospital bills, pharmacy receipts and estimates of vehicle repairs.

These expenses are relatively simple to prove and are among the most immediate expenses associated with a crash. They usually include medical costs for the initial hospitalization and all follow-up care and treatment. They could also include the cost of a damaged vehicle or other property items such as clothing and household items. 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.

Loss of wages is another common and significant category of economic damages. They include not just missed wages from the time you had to stay home from work due to injuries, but they can also take into account lost productivity while recovering as well as any use of vacation or sick days. In some instances you may even be able to claim compensation for the loss of your future earning potential in the event that your injury prevents you from returning to your former job or prevents you from earning the same amount in the future.

Although these costs are easy to quantify, some of the other damages that you can claim are less clear. These non-economic damages are more difficult to quantify, and include things like pain and discomfort disfigurement, the loss of enjoyment.

How can you prove these Damages?

While some of the costs in these categories are simple and can be proved by submitting receipts and papers However, some expenses will require expert testimony. For example, in cases when an selma accident attorney results in an extensive spinal cord injury which leaves a victim partially paralyzed, it may be necessary to consult an occupational specialist to assess the full impact of the injury. This will assist the jury or court determine the exact extent of your financial and personal impact.

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

Insurance companies attempt to avoid paying as much damages as they are legally required to. A skilled personal injury lawyer will ensure that you receive the compensation damages to which are entitled. Dennis and King will schedule a no-cost consultation. We can assist you in recovering all of your economic and other damages after the occurrence of a New York auto napa accident Lawsuit or personal injury incident.