20 Resources That Will Make You Better At Accident Litigation

Types of accident law firm Compensation

Typically, this form of payment covers medical expenses, such as prescription devices and drugs as well as physical therapy and surgery. It could also be used to cover future earnings.

This type of compensation may be described as "general damages." It can be challenging to determine the value of these damages as insurers have different methods of calculation.

Economic Damages

Economic damages are the tangible, measurable costs that result from an accident. They include out-of-pocket expenses for lost wages due to missed work damages to property and future financial losses attributed to the disability or accident injury. Juries and courts usually calculate these costs by using documents like pharmacy receipts, hospital bills and estimates for repairs to vehicles.

They are fairly easy to prove and are the most immediate expenses incurred by an accident. They include medical expenses, like the initial hospitalization and any subsequent treatment and care. These expenses may also comprise the cost of repairing damaged vehicles and other items of property including household and clothing items. They could also include the cost of hiring a third party to take care of household chores or driving your children to school or extracurricular events.

Loss of wages is another common and important category of economic damages. This includes not only the lost wages due to your injuries, but also any productivity loss during your recovery and any vacation or sick days. In certain cases you can also claim compensation for the loss of your future earning potential if your injury prevents you from returning to your previous career or prevents you from earning the same amount in the future.

The costs are pretty clear and measurable. However other damages you can claim may be more difficult to prove. Non-economic damages are more difficult to quantify, and include things like pain and discomfort, disfigurement, and loss of enjoyment in life.

How do you prove the damage?

While some of the costs in these categories are easy to prove by receipts and paperwork Certain expenses may require expert testimony. For example, in cases where an accident causes serious spinal cord injuries that leaves the victim partially paralyzed, it may be necessary to speak with an occupational specialist to determine the full impact of the injury. This will assist the jury or court determine with certainty the full extent of personal and financial implications will be.

The most complicated economic damages are those relating to future medical expenses and loss of earnings. You may be able to document these costs by using a medical professional's estimation of your best medical improvement or when your recovery is expected to be over. However, you will need to prove your financial loss by providing pay statements, expense receipts, as well as other proof of your current and previous income.

Insurance companies try to avoid paying as much in damages as they are required to. A personal injury lawyer who is skilled will ensure you receive all the compensation you are entitled to. 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 accident or personal injury incident.