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Types of Accident Compensation

Typically, this form of compensation covers medical bills including prescription drugs and devices including physical therapy and Vimeo surgery. The compensation could also cover future earnings potential.

This type of compensation is commonly referred to as "general damages." It isn't always easy to determine the value of these damages because insurers use different methods for calculation.

Economic Damages

Economic damages are the tangible and measurable cost of an accident. These include out-of pocket expenses, lost wages as well as property damage costs and Vimeo financial losses that will come from the disability or injury. These costs are estimated by juries and courts based on documents like hospital bills, pharmacy receipts, as well as estimates for vehicle repairs.

These are the immediate costs of a crash, and are easy to prove. They often include medical expenses for the initial hospitalization and all follow-up 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 costs can also include the cost of hiring someone else to take care of household chores or driving your children to school or other extracurricular activities.

Lost wages are a different and important category of economic damages. This includes not only the lost wages because of your injuries but also the lost productivity during your recovery and any sick days or vacation leaves. In some cases there is a possibility of recovering compensation for the loss of future earning capacity. This is the situation if you are unable to return to your previous job or earn the same amount.

While these costs are relatively transparent and quantifiable, some of the other damages that you can assert are less clear. These non-economic damages are more difficult to quantify, and include things like discomfort and pain, disfigurement, and loss of enjoyment in life.

What can you do to show these damages?

Certain expenses can be proven by submitting receipts and Vimeo documents however, some expenses may require expert testimony. For example, in cases where an winslow accident lawsuit causes an extensive spinal cord injury that leaves the victim partially paralyzed, it may be necessary to consult with an occupational specialist to determine the full impact of the injury. This will help the court or jury determine with certainty the full extent of personal and financial impacts will be.

The most complicated kinds of economic damages are those that involve future medical expenses and lost earnings. You may be able to document these costs using a medical professional's estimate of your best medical improvement or when your recovery is expected to be over. However, you will need to prove the future financial loss by providing pay bills, expense receipts as well as other proof of your past and present income.

Insurance companies try to avoid paying as much in damages as they are obligated to. A skilled personal injury lawyer can make sure that you receive the compensatory damages to which you are entitled. Contact Dennis and King today to set up an appointment at no cost. We can help you seek the full spectrum of your economic and non-economic damages following an New York car berkeley accident lawsuit or any other personal injury or accident.