Types of Accident Compensation

Typically, this type compensation is used to pay for medical expenses such as prescription drugs and devices as well as physical therapy and surgery. 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 as insurers use different methods of calculation.

Economic Damages

Economic damages are the tangible, quantifiable costs that result from an Maple valley accident lawsuit. They include out-of-pocket expenses for lost wages due to missed work cost for property damage, and future anticipated financial losses due to the disability or injury. Juries and courts usually calculate these costs by using documents like pharmacy receipts, hospital bills and estimates of vehicle repairs.

They are fairly easy to prove and are among the most immediate expenses associated with a crash. They usually include medical costs, such as the initial hospitalization and all subsequent treatment and care. They can also include the cost of a damaged vehicle or other property items like clothing and household goods. The cost of hiring someone to do chores around the house or drive children to and from school or other activities may be included, as well.

Loss of wages is another common and important type of economic damages. This is not just the wages you have missed due to your injuries but also any lost productivity during your recovery as well as sick days or vacation leaves. In some cases, compensation can be recovered for the loss of future earning capacity. This is the situation if you are unable to return to your previous career or earn the equivalent amount.

While these costs are relatively evident and easily quantifiable, many of the other damages you may assert are less clear. These non-economic damages are often more difficult to quantify and may include things like pain and suffering, disfigurement or loss of enjoyment of life.

How Can You Prove These Damages?

While a few of the expenses in these categories are fairly simple and can be proved with receipts and documents, other expenses may require expert testimony. In cases where an pottsville accident lawyer results in a severe spinal injury that renders the victim partially paralyzed it may be necessary to consult an occupational expert to determine how the injury will affect the victim. This will help the court or jury to make a precise determination of the full scope of financial and personal impacts will be.

The most complicated economic losses are those related to future medical expenses and lost earnings. It is 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 when your recovery is likely end. You will need to prove that you'll suffer future financial loss. This can be accomplished by providing your pay stubs or expense receipts.

Insurance companies try to avoid paying as much damages as they are legally required to. A skilled personal injury lawyer can ensure that you receive all compensatory damages to which you are entitled. Contact Dennis and King today to schedule an initial consultation for free. We can help you pursue all of economic and non-economic injuries resulting from an New York car accident or another personal injury event.