Types of Accident Compensation

This type of compensation typically covers medical expenses, such as prescription drugs or devices, physical therapy, and surgeries. The compensation could also cover future earnings potential.

This type of payment can be described as "general damages." However, determining the amount of these damages can be difficult because insurers employ different calculation methods.

Economic Damages

Economic damages are the tangible and measurable costs resulting from an san antonio accident attorney. These include expenses out of pocket, losses from missed work cost for property damage, and the potential for future financial losses due to the injury or disability. These costs are determined by juries and courts using documents such as hospital bills, pharmacy receipts, as well as estimates for repairs to vehicles.

These expenses are relatively simple to prove and are among the most immediate costs associated with an accident. They usually include medical expenses for the initial hospital stay, and all subsequent care and treatment. These costs can also include the cost of repairing damaged vehicles or other items of property including household and clothing items. These expenses can also include the cost of hiring a person to do housework or drive your children to school or extracurricular events.

Lost wages are a different and significant category of economic damages. This is not just the wages you missed due to your injuries, but also any loss of productivity during your recovery and any vacation or sick days. In some cases, compensation can be recovered in the event of a loss of future earnings capacity. This is the case if you are unable to resume your previous work or earn the same amount.

These costs are fairly clear and quantifiable. However, other damages that you could claim are more difficult to prove. These non-economic damages are more difficult to quantify and include things like discomfort and pain or disfigurement as well as the loss of enjoyment.

How Can You Prove These Damages?

Certain expenses can be substantiated through receipts or Hemet Accident Lawyer paperwork however, some expenses may require expert testimony. If an accident causes severe spinal injury that renders the victim partially paralyzed, it might be required to consult with an occupational specialist to determine how the injury will affect the victim. This will assist the jury or court determine with certainty the full extent of financial and personal impacts will be.

The most complex economic damages are those relating to future medical expenses as well as lost earnings. You may be able record these expenses using a medical professional's estimation of your greatest medical improvement or when your recovery is likely to come to an end. However, you will need to prove your future financial loss by providing pay statements, expense receipts, as well as other proof of your present and previous income.

Insurance companies are often trying to avoid paying the total amount of damages they are legally required to pay. A competent personal injury lawyer will ensure that you receive all the compensation to which you are entitled. Contact Dennis and King today to schedule a free consultation. We can assist you with the full spectrum of non-economic and financial damages following a New York car Hemet Accident Lawyer or another personal injury event.