Types of Accident Compensation

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

This type of compensation may be described as "general damages." However, determining the amount of these damages is difficult since insurers employ different calculation methods.

Economic Damages

Economic damages are the tangible and measurable cost of an accident. These include out-of-pocket expenses and losses resulting from the absence of work cost for property damage, and future financial losses attributed to the disability or injury. These costs are estimated by juries and courts based on documents such as hospital bills, pharmacy receipts and estimates for repairs to vehicles.

These costs are fairly simple to prove and are the most immediate expenses associated with a crash. They cover medical expenses, like the initial hospitalization and any subsequent care and treatment. They can also include the cost of fixing damaged vehicles or other items of property, such as clothing and household items. These costs can also include the cost of hiring someone else to assist with household chores or transport your children to school or any other extracurricular events.

Loss of earnings is another important type of economic loss. This includes not only the wages you missed due to your injuries, but also any productivity loss while you recover, and any sick days or vacation leaves. In some cases there is a possibility of recovering compensation for the loss of future earning capacity. This is the case in the event that you are not able to resume your previous work or earn the equivalent amount.

These costs are easily identifiable and quantifiable. However other damages you could claim are more difficult to prove. These non-economic damages are often more difficult to quantify and can include things like pain and suffering, disfigurement and loss of enjoyment.

How Do You Prove These Damages?

While some of the expenses in these categories are fairly straightforward and can be substantiated by receipts and paperwork, other expenses may require expert testimony. For instance, in cases where an camas accident lawyer leads to an extremely severe spinal cord injury that leaves a victim partially paralyzed, it may be necessary to speak with an occupational specialist to determine the full impact of the injury. This will assist the court or jury to make a precise assessment of your financial and personal impact.

The most complex economic damages are those relating to future medical expenses and loss of earnings. It is possible to prove these expenses by using a medical professional's estimation of your maximum medical improvement or when your recovery is expected to be over. You'll need to prove that you'll suffer future financial loss. This can be done by sending in your pay stubs, or expense receipts.

Insurance companies will try to avoid paying the total amount of the damages they are legally obliged to pay. A seasoned personal injury lawyer can make sure that you receive all compensation damages to which are entitled. Dennis and King will schedule a no-cost consultation. We can assist you in pursuing all of your non-economic and economic damages following a New York car Burnsville accident Law Firm or other personal injury accident.