Types of Accident Compensation

Typically, this form of compensation covers medical bills including prescription devices and drugs including physical therapy and surgery. The compensation could also be used to cover future earnings.

This type of payment can be referred to as "general damages." It can be challenging to determine the value of these damages as insurers use different methods for calculation.

Economic Damages

Economic damages are the tangible and measurable expenses resulting from an chillicothe accident lawsuit. These include out-of pocket expenses such as lost wages as well as property damage costs and financial losses that will come from the disability or injury. Courts and juries usually calculate these costs using documents such as hospital bills, pharmacy receipts and estimates of vehicle repairs.

These costs are fairly simple to prove and are among the most immediate expenses incurred by a crash. They usually include medical costs including the initial hospital stay, and all follow-up care and treatment. These expenses may also include the cost of fixing damaged cars or other items of property, such as clothes and household goods. The cost of hiring someone to do chores around the home or drive children to and from school or extracurricular activities could be included in these expenses, as well.

The loss of wages is an additional important type of economic damage. 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 you could even receive compensation for the loss of your future earning potential if your injury prevents you from returning to your former job or prevents you from earning the same amount in the future.

While these costs are relatively evident and easily quantifiable, many of the other damages you can assert are less clear. These non-economic damages can be more difficult to quantify and may include things like pain and suffering, disfigurement, and loss of enjoyment of life.

How can you prove these Damages?

While some of the costs within these categories are straightforward and can be substantiated with receipts and documents, other expenses may require expert testimony. If an accident causes a severe spinal injury that leaves the victim partially paralyzed, it might be necessary to consult an occupational specialist to determine the impact of the injury on the victim. This will assist the jury or court to determine what your full range of personal and financial consequences will be.

The most complicated economic losses are those that involve future medical expenses and lost earnings. It may be possible to document these expenses by utilizing a medical professional's estimate of when you will reach maximum medical improvement, or when your recovery is likely to end. But, you'll need to prove your future financial loss by providing pay statements, expense receipts, and other proof of your current and previous income.

Insurance companies are often trying to avoid paying the total amount of the damages they have to pay legally. A personal injury lawyer who is experienced will ensure you receive all the compensatory damages you are entitled to. Dennis and King can schedule a no-cost consultation. We can help you pursue all of your economic and non-economic damage resulting from an New York car brighton accident lawyer or any other personal injury or warrenville accident attorney.