Types of
accident attorneys Compensation
This kind of compensation typically includes medical expenses, which include prescription medications or devices, physical therapy, and surgeries. The compensation could also be used to pay for future earnings.
This kind of compensation is commonly referred to as "general damages." However, determining the value of these damages is difficult since insurers employ different methods of calculation.
Economic Damages
Economic damages are the tangible and quantifiable cost of an
accident attorneys. These include out-of-pocket expenses such as lost wages and property damage costs and financial losses that will come from the injury or disability. These costs are estimated by juries and courts based on documents like hospital bills, pharmacy receipts and estimates for vehicle repairs.
These are the immediate expenses of a crash, and are easy to prove. 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 including household and clothing products. These costs can also include the cost of hiring a third party to help with housework or driving your children to school or other extracurricular activities.
Lost wages are another frequent and significant category of economic damages. This is not just the wages you missed because of your injuries but also any lost productivity during your recovery, as well as any sick days or vacation leaves. In some instances you may even be able to claim compensation for the loss of your future earning capacity if your injury prevents you from returning to your former job or prevents you from earning the same amount in the future.
Although these costs are evident and easily quantifiable, many of the other damages you may claim are less clear. Non-economic damages are more difficult to quantify, and include things like discomfort and pain, disfigurement, and loss of enjoyment in life.
How do you show these damages?
Certain expenses can be proven through receipts or paperwork, but others may require expert testimony. For instance, in the event where an accident leads to a severe spinal cord injury which leaves a victim partially paralyzed, then it could be necessary to consult with an occupational specialist to assess the full impact of the injury. This will help the court or jury to determine what your full range of personal and financial consequences will be.
The most complicated forms of economic losses are those that involve future medical expenses and lost earnings. You may be able document these costs using a medical professional's estimate of your greatest medical improvement or when your recovery is likely to end. However, you'll have to prove your financial loss by providing pay invoices, stubs and other evidence of your past and present income.
Insurance companies attempt to avoid paying as much damages as they are required to. A competent personal injury lawyer can make sure that you get all compensatory damages to which you are entitled. Dennis and King can set up a free consultation. We can help you recover all of your financial and other damages following an New York auto accident or personal injury accident.