This Is The Accident Litigation Case Study You'll Never Forget

Types of accident law firms (Read Significantly more) Compensation

This kind of compensation typically covers medical costs, including prescription drugs, devices, physical therapy, and even surgery. It could also cover the loss of future earning potential.

This kind of compensation is often called "general damages." However, determining the value of these damages is complicated because insurers use different methods of calculation.

Economic Damages

Economic damages are the tangible and quantifiable costs associated with an accident law firm. These include out-of-pocket expenses and losses resulting from the absence of work damages to property and future financial losses that are expected due to the injury or disability. These costs are estimated by juries and courts using documents like hospital bills, pharmacy receipts, and estimates for repairs to vehicles.

These are the immediate expenses of a crash, and are simple to prove. They often include medical expenses like the initial hospitalization and all subsequent treatment and care. They can also include the cost of a damaged vehicle or other property items, like clothing and household goods. The cost of hiring someone to take care of chores around the house or drive children to and from school or extracurricular activities can be included and more.

Lost wages are a different and important type of economic damages. They include not just lost wages due to the fact that you were required to stay home from work due to injuries, but they can include the loss of productivity during recovery and any use of vacation or sick days. In certain cases, compensation can be recovered for the loss of future earning capacity. This is the case if you are unable to return to your previous career or earn the same amount.

Although these costs are transparent and quantifiable, some of the other damages you may claim are not as clear. These damages that are not economic can be more difficult to quantify and may include things like pain and suffering, disfigurement or loss of enjoyment of life.

How can you prove these Damages?

Some expenses can be proved by submitting receipts and documents Some expenses can be proven with receipts and paperwork, while others require expert testimony. For example, in cases where an accident leads to a severe spinal cord injury that leaves the victim partially paralyzed, it might be necessary to consult an occupational expert to determine the full impact of the injury. This can aid the jury or the court to make a precise determination of what your total financial and personal impacts will be.

The most complex types of economic damages are those that relate to future medical expenses and lost earnings. You may be able document these costs by using a medical professional's estimation of your best medical improvement or when your recovery is likely to be over. But, you'll need to prove your future financial loss by providing pay bills, expense receipts as well as other proof of your current and previous income.

Insurance companies will try to avoid paying the entire amount of damages they must legally pay. A competent personal injury lawyer will ensure that you get all compensation to which you are entitled. Dennis and King will be able to schedule a free consultation. We can assist you in pursuing all of your economic and non-economic injuries resulting from an New York car accident or another personal injury event.