Types of Altamonte Springs Accident Attorney Compensation

Typically, this type of compensation is used to pay for medical expenses such as prescription devices and drugs, physical therapy and surgery. It could include future earnings potential.

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

Economic Damages

Economic damages are the tangible and measurable costs resulting from an accident. They include out-of-pocket expenses including lost wages and property damage costs and future financial losses resulting from the injury or disability. Courts and juries typically calculate these costs using documents such as hospital bills, pharmacy receipts and estimates for repairs to vehicles.

These are the immediate costs of a crash and are easy to prove. They include medical expenses, like the initial hospitalization, as well as any subsequent treatment and care. These expenses may also comprise the cost of repairing damaged vehicles and other items of property such as clothes and household items. They could also include the cost of hiring a person to assist with household chores or transport your children to school or other events.

The loss of wages is a different important type of economic loss. This includes not only the wages you missed due to your injuries, but also any productivity loss during your recovery and any sick days or vacation leaves. In certain instances you could even receive compensation for the loss of your potential earnings If your injury hinders you from returning to your previous job or hinders you from earning the same amount in the future.

These costs are fairly clear and quantifiable. However, other damages that you can claim are less obvious. These damages that are not economic can be more difficult to quantify and include things like pain and discomfort, disfigurement, and loss of enjoyment in life.

How can you prove these Damages?

Certain expenses can be established by submitting receipts and documents Some expenses can be proven with receipts and paperwork, while others require expert testimony. For instance, in cases where an accident leads to an extremely severe spinal cord injury that leaves a victim partially paralyzed or disabled, it could be necessary to consult an occupational specialist to assess the full impact of the injury. This will assist the court or jury determine the exact extent of your financial and personal impact.

The most complicated economic losses are those relating to future medical expenses as well as lost earnings. It may be possible to document these costs using a medical professional's estimate of when you'll achieve maximum medical improvement, or when your recovery is likely to be over. You will need to prove that you'll suffer a future financial loss. This can be done by providing your pay stubs or expense receipts.

Insurance companies try to avoid paying as much in damages as they are legally required to. A personal injury lawyer who has the right experience can ensure that you get all the compensation damages you are entitled to. Contact Dennis and King today to schedule a free consultation. We can help you recover all of your financial as well as other damages following an New York auto fort collins accident lawsuit or personal injury incident.