Types of farmington hills accident attorney Compensation

This type of compensation typically covers medical expenses, such as prescription drugs as well as devices, physical therapy, and even surgery. It may also cover loss of future earning potential.

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

Economic Damages

Economic damages are the tangible, measurable costs that result from an accident. These include out-of-pocket expenses like lost wages damages to property, and future financial losses resulting from the disability or injury. Courts and juries typically calculate these costs using documentation like hospital bills, pharmacy receipts and estimates for repairs to vehicles.

They are fairly easy to prove and are the most immediate expenses incurred by the event of a crash. They usually include medical expenses for the initial hospital stay, and all follow-up care and treatment. They can also include the cost of a damaged vehicle or other property items like clothing and household goods. They could also include the cost of hiring someone else to assist with household chores or transport your children to school or other extracurricular events.

Lost wages are a different and important category of economic damages. This is not just the income you lost due to your injuries, but also the lost productivity during your recovery as well as vacation or sick days. In certain cases you can also claim compensation for the loss of your future earning capacity If your injury hinders you from returning to your previous job or prevents you from earning the same amount in the future.

While these costs are relatively easy to quantify, some 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 or loss of enjoyment.

How do you show these damages?

While some of the expenses in these categories are easy to prove with receipts and documents, other expenses may require expert testimony. For instance, in cases where an accident causes serious spinal cord injuries that renders a person partially paralyzed or disabled, it could be necessary to consult with an occupational specialist to determine the full impact of the injury. This can aid the jury or the court determine with certainty the full scope of personal and financial implications will be.

The most complicated kinds of economic losses are those relating to future medical expenses and lost earnings. It may be possible to document these expenses by using a medical professional's assessment of when you'll reach the point of maximum medical improvement or the time when your recovery will likely end. You will need to prove that you'll suffer future financial loss. This can be done by providing your pay stubs or expense receipts.

Insurance companies are trying to avoid paying as much in damages as they are required to. A competent personal injury lawyer can ensure that you receive all the compensatory damages to which you are entitled. Contact Dennis and King today to schedule a free consultation. We can help you seek the full range of your non-economic and economic damages after an New York car gulfport accident law firm or any other personal injury or accident.