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Chara Baddeley 24-07-08 12:21 view72 Comment0

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personal injury attorney Injury Compensation - How to Get the Compensation You Need

It is normal to be concerned about your finances when in an accident. This is especially true if the injuries you sustained are severe.

There are a variety of ways to get compensation for your injuries. These include economic damages as well as non-economic damages, such as pain and suffering.

Economic Damages

If you suffer an injury because of negligence by another party you are entitled to financial compensation. This compensation is designed to assist you in recovering from your injuries and get back to your pre-injury standard of living.

There are two kinds of financial damages that could be granted in personal injury cases including economic damages as well as non-economic damages. The former is designed to compensate you for the financial loss resulting from the accident, while the second is designed to pay for the emotional hardships that your accident has caused.

In many cases, a judge or jury will award a victim economic damages to pay for their lost wages, medical expenses and rehabilitative care along with property damage costs like repair and replacement. This kind of damage can be documented by bills, receipts and pay stubs.

A defendant's negligence can cause different economic loss. These losses include:

- Loss of Earning Capacity

If a victim suffers an injury the earning capacity of the victim could be severely affected. They could be forced to accept a lower-paying job or even permanently disabled.

- Future Earning Capacity

This factor can be difficult to estimate because it depends on the victim's age, the industry and the trend at the time of the incident. One person may be young and have a promising job, or they may have a retirement plan.

- Past Earning Capacity

This also presents jurors' challenges in that it requires a thorough examination of the victim's prior employment situation and the potential for future earnings. For example, a victim might be a recent graduate with a promising career in engineering.

- The victim may have lost their income in addition to other expenses such as medical bills, car repairs, or out of pocket expenses for medication and therapy.

These expenses can add up to a substantial amount of money. To get a fair settlement take all of these expenses together.

There are a myriad of factors that go into determining the exact amount of your financial damages, and it is essential to speak with an experienced personal injury attorney who understands how these damages are determined and given. Your lawyer will provide you with a complete list of the totality of your losses and help you find experts who can assign a dollar amount to these losses in order to calculate your compensation.

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