Guide To Accident Litigation: The Intermediate Guide In Accident Litigation

Types of Accident Compensation

This type of compensation usually covers medical expenses, including prescription medications and devices, physical therapy and surgeries. It can also cover the loss of future earnings.

This type of compensation may be described as "general damages." It can be difficult to determine the amount of these damages due to the fact that insurers use different methods of calculation.

Economic Damages

Economic damages are the tangible and quantifiable costs resulting from an accident. These include out-of-pocket expenses as well as the loss resulting from a missed work cost for property damage, and future financial losses that are expected due to the injury or disability. These costs are determined by juries and courts using documents such as hospital bills, pharmacy receipts, and estimates of repairs to the vehicle.

These expenses are relatively simple to prove and are among the most immediate expenses associated with an accident law firms. They usually include medical costs like the initial hospitalization and any follow-up treatment and care. These expenses can also comprise the cost of repairing damaged vehicles and other property items, including household and clothing items. They could also include the cost of hiring someone else to do housework or drive your children to school or other extracurricular activities.

Loss of wages is another important aspect of economic damages. This includes not only the wages you have missed because of your injuries but also any lost productivity while you recover, and any sick days or vacation leaves. In certain cases you could even receive compensation for the loss of your potential earnings in the event that your injury prevents you from returning to your former job or prevents you from earning the same amount in the future.

The costs are pretty clear and measurable. However other damages you can claim are more difficult to prove. These non-economic damages are often more difficult to quantify and can include things like pain and suffering, disfigurement or loss of enjoyment of life.

How can you prove the damage?

Certain expenses can be proven by submitting receipts and documents, but others may require expert testimony. For instance, in the event where an accident leads to a severe spinal cord injury that leaves the victim partially paralyzed, then it could be necessary to speak with an occupational specialist to determine the full impact of the injury. This can help the court or jury to determine the full extent of personal and financial consequences will be.

The most complex types of economic damages are those that concern future medical expenses and lost earnings. You might be able to document these costs by using a medical professional's estimate of your maximum medical improvement or when your recovery is likely to end. You must prove that you'll suffer future financial loss. This can be accomplished by providing your pay stubs or expense receipts.

Insurance companies will attempt to avoid paying the entire amount of damages they have to pay legally. A personal injury lawyer who is skilled will ensure you receive all the compensation you are entitled to. Dennis and King can schedule a no-cost consultation. We can assist you in pursuing the full spectrum of your non-economic and economic damages after a New York car accident lawyers or other personal injury accident.