Why We Enjoy Accident Litigation (And You Should Also!)

Types of Accident Compensation

This type of compensation typically includes medical expenses, which include prescription medications as well as devices, physical therapy and surgery. It could also cover the loss of future earnings.

This type of compensation is commonly referred to as "general damages." However, determining the amount of these damages is difficult because insurers employ different calculation methods.

Economic Damages

Economic damages are the tangible, quantifiable costs that result from an accident lawyer. These include out-of-pocket expenses like lost wages, property damage costs, and financial losses that will come from the injury or disability. Courts and juries typically calculate these costs using documents such as pharmacy receipts, hospital bills and estimates for vehicle repairs.

These are the immediate expenses of a crash and are easy to prove. They include medical expenses, accidents such as the first hospitalization, accidents as well as any subsequent treatment and care. They can also include the cost of repairing a damaged vehicle or other property items including household and clothing products. The cost of hiring someone to do chores around the home or drive children to and from school, or other activities may be included in these costs and more.

Lost wages are another frequent and important type of economic damages. They include not just missed wages from the time you had to stay home from work because of injuries, but they can also include the loss of productivity in recovering, as well as any use of sick days or vacation leave. In some instances, you can even recover compensation for the loss of your future earning capacity if your injury prevents you from returning to your previous job or hinders you from earning the same amount in the future.

These costs are easily identifiable and measurable. However other damages you can claim are less obvious. These non-economic damages are often more difficult to quantify and could include things like pain and suffering, disfigurement or loss of enjoyment.

How can you prove these Damages?

While a few of the expenses in these categories are fairly straightforward and can be substantiated with paperwork and receipts Other expenses might require expert testimony. For example, in cases where an accident leads to an extensive spinal cord injury that leaves the victim partially paralyzed, then it could be necessary to consult an occupational specialist to assess the full impact of the injury. This can aid the jury or the court to make a precise determination of what your total personal and financial consequences will be.

The most complex types of economic damages are those that relate to future medical expenses and lost earnings. It is possible to document these costs using a medical professional’s estimate of your maximum improvement in your medical condition or when your recovery is likely to be over. However, you'll need to prove your financial loss by submitting pay statements, expense receipts, and other proof of your current and past income.

Insurance companies attempt to avoid paying as much in damages as they are obligated to. A personal injury lawyer who is skilled will ensure you receive all the compensatory damages you are entitled to. Dennis and King can set up a free consultation. We can assist you in recovering all of your economic as well as other damages following a New York auto accident or personal injury incident.