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Personal Injury Compensation - How to Get the Compensation You Need
When you are injured in an accident, it is normal to worry about your finances. This is particularly true if your injuries are serious.
There are a variety of ways to get compensated for your injuries. These include economic damages as well as non-economic damages like pain and suffering.
Economic Damages
If you sustain an injury as the result of the negligence of another you are entitled to financial compensation. This compensation is designed to aid you in recovering from your injuries and return to the level you enjoyed prior to injury living.
In personal injuries there are two kinds of monetary damages that you could get: non-economic and economic. personal injury attorney san francisco is intended to compensate you for monetary damages resulting from the accident, whereas the latter is designed to pay for the emotional burdens your accident has caused.
A judge or jury may award economic damages to victims in many cases. This can include lost wages and medical bills, rehabilitation care as well as property damage costs like repair and replacement. This type of damage is concrete in that it can be documented using receipts as well as pay stubs, bills and receipts.
A defendant's reckless behavior could result in different economic loss. These losses include:
Loss in Earning Capacity
A victim may be unable to earn as much following an injury. They could be forced to accept a lower-paying job or even become permanently disabled.
Future earning capacity
This is a difficult factor to determine since it is based on the age, the industry and the trend of a victim's career at the time of the accident. One person might be young and have a promising job, or they could have a retirement plan.
- Past Earning Capacity
This is also jurors facing a difficult task in that it requires a thorough analysis of the victim's past job and the possibility for future earnings. For example, a victim could be a recent grad with a promising career in engineering.
In addition to the loss of earnings, the victim could have incurred other expenses like medical bills, car repairs and even out-of-pocket expenses for medication or therapy.
In the end, these expenses will add up to a substantial amount of money. Add all of these costs to determine the extent of your economic losses could be will allow you to get a fair settlement.
There are many variables that affect the amount of your economic damages. It is important to consult a skilled personal injury lawyer who will assist you in understanding how these damages can be calculated and given. Your lawyer can give you a list of all your present and future economic losses, and also solicit the assistance of experts who can put an amount of money on these losses in the course of the calculation of your compensation.