Types of Accident Compensation

This type of compensation typically covers medical costs, including prescription drugs, devices, physical therapy, and surgery. It can also cover the loss of future earnings potential.

This type of payment can be described as "general damages." It isn't always easy to determine the value of these damages as insurers use different methods for calculation.

Economic Damages

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

They are fairly easy to prove and are the most immediate expenses associated with an accident. They often include medical expenses including the initial hospitalization and any follow-up treatment and care. These expenses can also comprise the cost of repairing damaged cars or other property items, such as clothing and household items. The cost of hiring a person to do chores around the home or to transport children to and from school or extracurricular activities could be included in these expenses, as well.

Lost wages are another frequent and important type of economic damages. This is not just 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 recover compensation for the loss of future earnings capacity. This is the situation in the event that you are not able to resume your previous work or earn the same amount.

The costs are pretty clear and measurable. However, other damages that you can claim are less so. These non-economic damages can be more difficult to quantify, and include things like pain and discomfort, disfigurement, and the loss of enjoyment.

What can you prove to prove these Damages?

Certain expenses can be proven with receipts and paperwork however, some expenses may require expert testimony. In the event that an pelham accident lawyer causes severe spinal injury that renders the victim partially paralyzed, it could be required to consult with an occupational expert to determine the impact of the injury on the victim. This can assist the jury or court determine with certainty what your total financial and personal impacts will be.

The most complicated forms of economic damages are those relating to future medical expenses and lost earnings. It may be possible to document these costs by utilizing a medical professional's estimate of when you will reach the point of maximum medical improvement or when your recovery will likely end. However, you will need to prove your future financial loss by submitting pay bills, expense receipts and other proof of your current and past income.

Insurance companies try to avoid paying the total amount of the damages they are legally required to pay. A knowledgeable personal injury lawyer can make sure that you receive the compensation damages to which yo