Types of accident lawsuits Compensation

Typically, this kind of compensation covers medical bills including prescription drugs and devices as well as physical therapy and surgery. It may also cover loss of future earning potential.

This type of compensation can be described as "general damages." It can be challenging to determine the amount of these damages since insurers use different methods of calculation.

Economic Damages

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

These expenses are relatively simple to prove and are the most immediate expenses incurred by an accident. They include medical expenses, for example, the first hospitalization, as well as any subsequent care and treatment. These expenses can also include the cost of fixing damaged vehicles and other items of property, including household and clothing goods. The cost of hiring someone to perform chores around the house or drive children to and from school, or extracurricular activities could be included as well.

Loss of earnings is another important category of economic damages. This includes not just your missing wages from the time you were unable to work from work due to injuries, but they can also include lost productivity while recovering and any vacation or sick leave. In certain cases it is possible to recover compensation for the loss of future earnings capacity. This is the case when you are unable to resume your previous work or earn the equivalent amount.

While these costs are relatively evident and easily quantifiable, accident many of the other damages you could claim are not as clear. These non-economic damages can be more difficult to quantify, and could include things like pain and suffering, disfigurement, and loss of enjoyment of life.

What can you do to prove the damage?

While some of the expenses in these categories are simple and can be proved by receipts and paperwork Certain expenses may require expert testimony. For instance, in cases where an accident causes an extensive spinal cord injury that renders a person partially paralyzed, then it could be necessary to speak with an occupational expert to determine the full impact of the injury. This will aid the jury or the court to determine the full extent of personal and financial impacts will be.

The most complicated economic losses are those related to future medical costs and lost earnings. It may be possible to document these costs with the help of a medical professional's estimation of when you'll reach the point of maximum medical improvement or the time when your recovery will likely come to an end. You'll need to prove that you are likely to suffer a future financial loss. This can be accomplished by submitting your pay stubs or expense receipts.

Insurance companies will attempt to avoid paying the entire amount of damages they must legally pay. A skilled personal injury lawyer can ensure that you receive all compensation damages to which are entitled. Contact Dennis and King today to schedule an appointment at no cost. We can help you seek all of economic and non-economic damage resulting from an New York car accident or any other personal injury or accident.