Types of Accident Compensation This kind of compensation typically covers medical expenses, such as prescription medications or devices, physical therapy, and even surgery This type of compensation can also cover future earnings potential This kind of compensation is commonly referred to as "general damages" However, determining the amount of these damages can be difficult since insurers employ different methods of calculation Economic Damages Economic damages are the tangible and measurable costs associated with an accident They include out-of-pocket expenses as well as the loss resulting from a missed work damages to property and future financial losses attributed to disability or injury These costs are estimated by juries and courts using documents like hospital bills, pharmacy receipts and estimates for repairs to vehicles These costs are relatively easy to prove and are the most immediate costs associated with an accident They include medical expenses, such as the first hospitalization and any subsequent care and treatment These costs can also comprise the cost of repairing damaged vehicles and other items of property such as clothes and household goods The cost of hiring someone to take care of chores around the house or drive children to and from school or other activities may be included in these expenses as well The loss of wages is a different important type of economic loss This is not just the wages you have missed because of your injuries but also the lost productivity during your recovery and any sick days or vacation leaves In certain cases it is possible to recover compensation in the event of a loss of future earning capacity This is the situation when you are unable to resume your previous work or earn the same amount These costs are fairly clear and measurable However, https//vimeocom/709408322 that you can claim may be more difficult to prove These damages that are not economic can be more difficult to quantify, and could include things like pain and suffering, disfigurement, and loss of enjoyment How Do You Prove These Damages While some of the costs within these categories are simple and can be proved with paperwork and receipts, other expenses may require expert testimony If an accident results in a severe spinal injury that causes the victim to be partially paralyzed, then it is required to consult with an occupational specialist to determine how the injury will affect the victim This will help the court or jury to determine the full scope of personal and financial implications will be The most complicated economic damages are those relating to future medical expenses and loss of earnings You might be able to prove these expenses by using a medical professional’s estimation of your best medical improvement or when your recovery is likely to end You will need to prove that you'll suffer future financial loss This can be accomplished by submitting your pay stubs or expense receipts Insurance companies will attempt to avoid paying the full amount of damages that they have to pay legally A seasoned personal injury lawyer can make sure that you receive all compensation to which you are entitled Contact Dennis and King today to schedule a free consultation We can assist you with the full spectrum of your economic and non-economic damage resulting from an New York car accident or another personal injury event