Types of Accident Compensation

This kind of compensation typically covers medical expenses, such as prescription drugs and devices, physical therapy and surgeries. This compensation may also cover future earnings potential.

This kind of compensation is sometimes referred to "general damages." It isn't always easy to determine the amount of these damages as insurers use different methods for calculation.

Economic Damages

Economic damages are the tangible and quantifiable costs associated with an Texas Accident Attorney. These include out-of-pocket expenses such as lost wages as well as property damage costs and future financial losses resulting from the disability or injury. These costs are determined by juries and courts based on documents such as hospital bills, pharmacy receipts and estimates of repairs to the vehicle.

These costs are relatively easy to prove and are among the most immediate costs associated with the event of a crash. They include medical costs, like the initial hospitalization and any subsequent care and treatment. These expenses may also include the cost to repair a damaged car or other property items, such as clothes and household items. These costs can also include the cost of hiring someone else to assist with household chores or transport your children to school or other events.

Loss of earnings is another important type of economic damage. These include not just missed wages from the time you were forced to stay home from work due to your injuries, but they may also take into account lost productivity while recovering and any use of vacation or sick leave. In some cases it is possible to recover compensation in the event of a loss of future earnings capacity. This is the case if you are unable to resume your previous work or earn the same amount.

While these costs are relatively clear and measurable, some of the other damages that you can claim are not as clear. These non-economic damages can be more difficult to quantify and could include things like pain and suffering, disfigurement and texas accident Attorney loss of enjoyment.

What can you prove to prove these Damages?

Certain expenses can be substantiated through receipts or paperwork, but others may require expert testimony. For example, in cases that an accident attorney causes serious spinal cord injuries that renders a person partially paralyzed or disabled, it could be necessary to consult an occupational specialist to determine the full impact of the injury. This can aid the jury or the court determine the exact extent of your financial and personal impact.

The most complicated economic damages are those that relate to future medical expenses as well as lost earnings. It is possible to record these expenses using a medical professional’s estimate of your maximum medical improvement or when your recovery is expected to come to an end. You'll need to prove that you will suffer a future financial loss. This can be accomplished by sending in your pay stubs, or expense receipts.

Insurance companies try to avoid paying the full amount of damages that they are legally obliged to pay. A competent personal injury lawyer can make sure that you receive all the compensation damages to which you are entitled. Dennis and King will schedule a no-cost consultation. We can assist you in recovering all of your economic and other damages after a New York auto accident or personal injury incident.