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Types of Accident Compensation

Typically, this form of compensation is used to pay for medical expenses such as prescription drugs and devices, physical therapy and surgery. It may also cover loss of future earning potential.

This type of compensation can 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, measurable expenses that result from an wanaque accident lawyer. They include out-of-pocket expenses and losses resulting from the absence of work cost for property damage, and future financial losses attributed to disability or injury. These costs are determined by juries and Wamego accident Lawyer courts using documents such as hospital bills, pharmacy receipts, as well as vehicle repair estimates.

These costs are relatively easy to prove and are among the most immediate costs associated with a crash. They usually include medical costs for the initial hospital stay, and any follow-up treatment and care. They can also include the cost of repairing a damaged vehicle or other property items, such as household and clothing items. The cost of hiring someone to take care of chores around the home or transport children to and from school or extracurricular activities can be included in these expenses as well.

Loss of earnings is another important aspect of economic damages. These include not just missing wages from the time you were unable to work from work because of your injuries, but they could include lost productivity while recovering as well as any use of vacation days or sick days. In some cases it is possible to recover compensation for the loss of future earning capacity. This is the situation in the event that you cannot return to your former career or earn the equivalent amount.

These costs are quite clear and quantifiable. However, other damages that you can claim are less clear. Non-economic damages are more difficult to quantify and include things like discomfort and pain or disfigurement, as well as the loss of enjoyment.

How Do You Prove These Damages?

While some of the expenses in these categories are easy to prove by submitting receipts and papers However, some expenses will require expert testimony. If an accident results in a severe spinal injury that leaves the victim partially paralyzed, it could be required to consult with an occupational expert to determine the impact of the injury on the victim. This will help the jury or court determine the exact extent of your personal and financial impact.

The most complex economic damages are those related to future medical costs and lost earnings. You might be able to document these costs by using a medical professional’s estimation of your greatest medical improvement or when your recovery is likely to be over. But, you'll need to prove your future financial loss by submitting pay stubs, expense receipts as well as other proof of your current and past income.

Insurance companies try to not pay as much damages as they are required to. A seasoned personal injury lawyer can make sure that you receive the compensatory damages to which you are entitled. Contact Dennis and King today to schedule an appointment at no cost. We can assist you in recovering all of your financial and other damages resulting from an New York auto Wamego Accident lawyer or personal injury.