Beware Of This Common Mistake When It Comes To Your Accident Litigation

Types of accident lawsuits Compensation

Typically, this form of compensation is used to pay for medical expenses such as prescription drugs and devices such as physical therapy, surgery and so on. It could also be used to pay for future earnings.

This type of compensation 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, measurable costs that result from an accident. These include expenses out of pocket as well as the loss resulting from a missed work cost for property damage, and future anticipated financial losses due to the disability or injury. These costs are estimated by juries and courts using documents such as hospital bills, pharmacy receipts, and estimates for repairs to vehicles.

These costs are fairly simple to prove and are among the most immediate expenses incurred by the event of a crash. They usually include medical expenses including the initial hospital stay, and all subsequent treatment and care. They can also include the cost of repairs to a damaged vehicle or other property items such as clothing and household items. These expenses could also include the cost of hiring someone else to take care of household chores or driving your children to school or other extracurricular activities.

The loss of wages is a different important type of economic damage. This includes not just your missing wages from the time you were forced to stay home from work because of your injuries, but they may also include lost productivity while recovering as well as any use of vacation or sick leave. In certain cases it is possible to recover compensation for the loss of future earning capacity. This is the case if you are unable to resume your previous work or earn the same amount.

While these costs are easy to quantify, some of the other damages that you can claim are less clear. These non-economic damages can be more difficult to quantify and can include things like pain and suffering, disfigurement and loss of enjoyment of life.

How can you prove the damage?

While a few of the expenses in these categories are fairly simple and can be proved by submitting receipts and papers Certain expenses may require expert testimony. For instance, in cases where an accident attorney leads to an extremely severe spinal cord injury that renders a person partially paralyzed, it might be necessary to speak with an occupational specialist to determine the full impact of the injury. This can assist the court or jury make an accurate assessment of your personal and financial impact.

The most complicated types of economic damages are those relating to future medical expenses and lost earnings. It is possible to document these expenses using a medical professional's estimate of when you'll reach the point of maximum medical improvement or when your recovery will likely come to an end. However, you'll have to prove your future financial loss by providing pay statements, expense receipts, and other proof of your current and past income.

Insurance companies are often trying to avoid paying the full amount of damages that they are legally required to pay. A personal injury lawyer who has the right experience will ensure you receive all the compensatory damages you are entitled to. Contact Dennis and King today to set up an initial consultation for free. We can help you seek the full spectrum of your economic and non-economic injuries resulting from an New York car Accident Law Firm or another personal injury event.