Personal Injury Compensation - How to Get the Compensation You Need
If you're injured in an accident, it is normal to worry about your finances. This is especially true when your injuries are serious.
There are ways to be compensated for your injuries. personal injury lawsuit san diego include economic damages and non-economic damages like pain and suffering.
Economic Damages
Financial compensation is open to all who have been injured as a result of the negligence of another party. This compensation is intended to help you return to the way you were prior to the injury.
In personal injury cases there are two kinds of monetary damages that you could get: non-economic and economic. The first is to compensate for the financial loss you suffered from the accident and non-economic damages are intended to compensate you for your emotional hardships.
A judge or jury could award economic damages to victims in a variety of cases. This includes lost wages as well as rehabilitation, medical bills and property damage costs such as repair and replacement. This type of damage can be documented through bills, receipts, and pay stubs.
A defendant's negligent behavior can cause a variety of economic losses. These losses include:
- Loss of Earning Capacity
A person who is injured may suffer a lower earning capacity after being injured. They could be forced find a job that pays less or even be permanently disabled.
Future earning capacity
This aspect can be difficult to calculate as it depends on the victim's age, the industry and trends at the moment of the accident. A person may be young and have a promising career or they might have a retirement plan.
Past Earning Capacity
This poses a challenge for jurors because it requires a detailed analysis of the victim's past employment and future earnings. For instance, a defendant could be a recent graduate with a promising career path in engineering.
The victim could be unable to earn a living in addition to other costs like medical bills, car repairs or out of pocket expenses for medication and therapy.
In the end, these costs will add up to a significant amount of money. To get a fair settlement make sure you add all these expenses.
There are many variables which affect the amount your economic damages. It is crucial to consult with an experienced personal injury lawyer who can assist you in understanding how these damages can calculated and be awarded. Your lawyer can provide you with a comprehensive list of the totality of your losses and assist you in identifying experts who can assign a value to these damages to calculate your compensation.