Guide To Accident Litigation: The Intermediate Guide In Accident Litigation > 자유게시판

Types of Accident Compensation

This kind of compensation typically covers medical expenses, including prescription medications or devices, physical therapy and surgery. It could also cover the loss of future earnings.

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

Economic Damages

Economic damages are the tangible and quantifiable costs resulting from an accident. They include out-of-pocket expenses for lost wages due to missed work, property damage costs and the potential for future financial losses due to the disability or injury. The courts and juries usually determine these costs using documentation like hospital bills, pharmacy receipts and estimates for vehicle repairs.

They are fairly easy to prove and are among the most immediate expenses that are incurred in an accident law firms. They often include medical expenses like the initial hospitalization and all subsequent treatment and care. These costs can also include the cost to repair damaged cars or other items of property such as clothes and household goods. They could also include the cost of hiring someone else to help with housework or driving your children to school or any other extracurricular events.

Loss of earnings is another important type of economic loss. This includes not just your lost wages due to the fact that you were forced to stay home from work due to injuries, but they can also include lost productivity while recovering and any use of vacation or sick leave. In certain cases you can also claim compensation for the loss of your potential earnings in the event that your injury prevents you from returning to your former career or prevents you from earning the same amount in the future.

These costs are easily identifiable and quantifiable. However other damages you could claim are less clear. These damages that are not economic can be more difficult to quantify and may include things like pain and suffering, disfigurement and loss of enjoyment of life.

How can you demonstrate these damages?

Certain expenses can be established with receipts and paperwork Some expenses can be proven with receipts and paperwork, while others require expert testimony. For example, in cases where an accident leads to an extremely severe spinal cord injury that renders a person partially paralyzed or disabled, it could be necessary to speak with an occupational specialist to determine the full impact of the injury. This will help the jury or court determine the true extent of your personal and financial impact.

The most complicated economic damages are those that relate to future medical costs and lost earnings. It is possible to document these costs with the help of a medical professional's estimation of when you will achieve the point of maximum medical improvement or the time when your recovery will likely be over. But, you'll need to prove your financial loss by providing pay statements, expense receipts, as well as other proof of your current and past 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 has the right experience can ensure you receive all the compensatory damages you are entitled to. Contact Dennis and King today to set up an appointment for a no-cost consultation. We can assist you with the full spectrum of non-economic and financial damage resulting from an New York car accident or other personal injury accident.