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Personal Injury Compensation - How to Get the Compensation You Need
It is normal to be concerned about your finances when involved in an accident. This is especially true if your injuries are serious.
There are many ways to get compensation for your injuries. They include economic damages and non-economic damages such as pain and suffering.
Economic Damages
If you are injured as the result of another person's negligence You are entitled to financial compensation. This compensation is designed to help you recover from your injuries and return to your pre-injury standard of living.
There are two types of financial damages that could be awarded in personal injury cases including economic damages as well as non-economic damages. The first is to pay for the financial losses incurred from the accident while non-economic damages are designed to compensate you for your emotional pain.
A judge or jury could award economic damages to victims in a number of cases. personal injury attorneys san mateo can include lost wages as well as rehabilitation expenses, medical bills and property damage costs such as repair and replacement. The damages in this category are specific in that it may be documented with receipts and pay stubs.
A defendant's reckless behavior could cause different economic loss. These include:
Loss of Earning Capacity
A victim may be unable to earn as much after being injured. They could be forced work at a lower wage or even be permanently disabled.
Future earning capacity
This can be a challenging aspect to assess since it is dependent on the nature, age, and trends of a person's career at the time of the accident. A person may be young and have a promising job, or they might have an retirement plan.
Past Capacity to Earn
This is also a challenge for juries to consider, since it requires an in-depth analysis of the victim's employment situation and the potential for future earnings. A victim could be a recent graduate with a technical career.
In addition to the loss of earnings, the victim could have incurred other expenses such as medical bills, car repairs or even out-of pocket expenses for therapy or medication.
These expenses can add up to a significant amount of money. The sum of all these expenses to figure out what your economic losses might be will allow you to get an acceptable settlement.
There are a variety of factors that affect the exact amount of your economic damages, so it is important to consult with an experienced personal injury attorney who is aware of how these damages are determined and given. Your lawyer will be able to provide you with a complete list of all your present and future economic losses, and also seek experts who can put an amount of money on these losses for the purpose of formulating your compensation.