How To Make An Amazing Instagram Video About Accident Litigation

Types of Accident Compensation

This type of compensation usually includes medical expenses, which include prescription medications, devices, physical therapy, and even surgery. It may also cover loss of future earnings potential.

This type of compensation may be referred to as "general damages." However, determining the value of these damages is difficult as insurers use different calculation methods.

Economic Damages

Economic damages are the tangible, quantifiable costs that result from an accident. These include out-of-pocket expenses such as lost wages damages to property, and financial losses that will come from the injury or disability. Courts and juries typically calculate these costs based on documentation such as hospital bills, pharmacy receipts and estimates for vehicle repairs.

These costs are relatively easy to prove and are among the most immediate expenses associated with a crash. They include medical costs, such as the first hospital stay, and any subsequent care and treatment. They may also include the cost of repairs to a damaged vehicle or other property items, like clothing and household products. These expenses can also include the cost of hiring someone else to do housework or drive your children to school or any other extracurricular events.

Loss of wages is another common and important type of economic damages. This includes not only the lost wages due to your injuries, but also any loss of productivity during your recovery and any vacation or sick days. In some instances there is a possibility of recovering compensation in the event of a loss of future earning capacity. This is the situation when you are unable to return to your former career or earn the equivalent amount.

While these costs are transparent and quantifiable, some of the other damages you could claim are less clear. These non-economic damages are more difficult to quantify, and include things like pain and accident discomfort or disfigurement as well as loss of enjoyment in life.

What can you prove to prove these Damages?

While a few of the expenses in these categories are straightforward and can be proven with receipts and documents Other expenses might require expert testimony. When an accident results in a severe spinal injury that leaves the victim partially paralyzed, it could be necessary to consult an occupational specialist to determine the impact of the injury on the victim. This can assist the court or jury determine the true extent of your financial and personal impact.

The most complicated forms 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 achieve maximum medical improvement, or when your recovery is likely come to an end. You'll need to prove that you'll suffer future financial loss. This can be done by making a submission of your pay stubs and expense receipts.

Insurance companies will try to avoid paying the total amount of the damages they are legally obliged to pay. A personal injury lawyer with experience can ensure that you get all the compensation you are entitled to. Contact Dennis and King today to schedule an appointment at no cost. We can help you pursue all of non-economic and financial damages following a New York car accident or any other personal injury or accident.