Types of waynesville 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. This type of compensation can also be used to pay for future earnings.

This type of compensation may be referred to as "general damages." However, determining the amount of these damages is difficult as insurers use different calculation methods.

Economic Damages

Economic damages are the tangible and measurable cost of an accident. These include out-of pocket expenses like lost wages as well as property damage costs and financial losses that will come from the disability or injury. The courts and juries usually determine these costs based on documentation such as pharmacy receipts, hospital bills and estimates for repairs to vehicles.

These costs are fairly simple to prove and are among the most immediate expenses associated with an accident. They include medical expenses, like the initial hospital stay and all subsequent care and treatment. These expenses may also comprise the cost of repairing a damaged car or other items of property like clothes and household items. These expenses can also include the cost of hiring a third party to take care of household chores or driving your children to school or other activities.

Loss of earnings is another important type of economic damage. This includes not only the income you lost because of your injuries but also any productivity loss while you recover, and any vacation or sick days. In some instances, compensation can be recovered in the event of a loss of future earnings capacity. This is the case in the event that you are not able to return to your previous job or earn the equivalent amount.

These costs are quite clear and quantifiable. However, other damages that you can claim are less clear. Non-economic damages are more difficult to quantify and include things like discomfort and pain disfigurement, the loss of enjoyment.

How do you demonstrate these damages?

Certain expenses can be established by submitting receipts and documents, but others may require expert testimony. For example, in cases that an smithfield accident lawyer causes an extremely severe spinal cord injury which leaves a victim partially paralyzed, it might be necessary to speak with an occupational specialist to assess the full impact of the injury. This can aid the jury or the court to make a precise determination of what your full range of personal and financial implications will be.

The most complicated kinds of economic losses are those that relate to future medical expenses and lost earnings. You may be able to document these costs by using a medical professional’s estimation of your best medical improvement or when your recovery is expected to come to an end. You will need to prove that you will suffer a future financial loss. This can be accomplished by submitting your pay stubs or expense receipts.

Insurance companies are trying to avoid paying as much damages as they are required to. A seasoned personal injury lawyer can make sure that you get all compensatory damages to which you are entitled. Contact Dennis and King today to schedule an appointment for a no-cost consultation. We can help you pursue all of your non-economic and economic injuries resulting from a New York car accident or another personal injury event.