Types of Accident Compensation

Typically, this type compensation covers medical bills including prescription devices and Accident Attorneys drugs including physical therapy and surgery. It may also cover loss of future earnings potential.

This type of payment can be referred to as "general damages." It can be challenging to determine the amount of these damages because insurers employ different methods of calculation.

Economic Damages

Economic damages are the tangible and measurable cost of an accident attorney. These include expenses out of pocket, losses from missed work cost for property damage, and future financial losses that are expected due to the disability or injury. Juries and courts usually calculate these costs using documentation like pharmacy receipts, hospital bills and estimates of vehicle repairs.

These are the immediate costs of a crash and are easy to prove. They typically include medical expenses like the initial hospitalization and any follow-up treatment and care. They could also include the cost of repairing or replacing a damaged vehicle or other property items, including household and clothing products. The cost of hiring someone to take care of chores around the home or to transport children to and from school, or other activities may be included in these expenses as well.

The loss of wages is an additional important aspect of economic damages. This includes not only the lost wages due to your injuries, but also any productivity loss during your recovery and any vacation or sick days. In certain instances you may even be able to claim compensation for the loss of your future earning potential if your injury prevents you from returning to your former job or hinders you from earning the same amount in the future.

While these costs are evident and easily quantifiable, many of the other damages you could assert are less clear. These damages that are not economic can be more difficult to quantify, and include things like discomfort and pain disfigurement, loss of enjoyment.

How Do You Prove These Damages?

While a few of the expenses in these categories are fairly easy to prove with receipts and documents, other expenses may require expert testimony. For instance, in cases where an accident causes an extremely severe spinal cord injury that leaves the victim partially paralyzed, it might be necessary to consult an occupational specialist to assess the full impact of the injury. This will assist the jury or court to make a precise assessment of your personal and Accident Attorneys financial impact.

The most complex types of economic damages are those that involve future medical expenses and lost earnings. It is possible to document these expenses by utilizing a medical professional's estimate of when you will achieve the point of maximum medical improvement or the time when your recovery will likely end. However, you'll need to prove the future financial loss by submitting pay invoices, stubs and other evidence of your current and past income.

Insurance companies are trying to avoid paying as much damages as they are legally required to. A knowledgeable personal injury lawyer can make sure that you receive all compensatory damages to which you are entitled. Contact Dennis and King today to schedule a free consultation. We can help you seek all of your non-economic and economic injuries resulting from an New York car Accident attorneys or other personal injury incident.