personal injury attorney santa ana - How to Get the Compensation You Need
It is normal to be concerned about your finances when you are in an accident. This is particularly true if you're the victim of serious injury.
There are ways to get compensated for your injuries. This includes both economic and non-economic losses, like suffering and pain.
Economic Damages
Financial compensation is available to anyone who has suffered injuries due to the negligence of another party. This compensation is intended to assist you in recovering from your injuries and get back to the same standard of living.
In personal injury cases there are two kinds of monetary damages you can get: non-economic and economic. The first is designed to compensate you for the financial losses caused by 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 the victim with economic damages to cover their loss of wages, medical bills and rehabilitation care along with property damage costs like repair and replacement. This category of damages is concrete in that it can be documented with receipts as well as pay stubs, bills and receipts.
A defendant's negligent behavior can result in a wide range of economic losses. The losses can include the following:
- Loss of Earning Capacity
A victim could suffer a lower earning capacity following an injury. They could be forced to work at a lower wage or even be permanently disabled.
Future earning capacity
This is a difficult factor to determine since it is dependent on the age, industry and trend of a victim's career at the time of the accident. A person could be young and have a career that is on the rise, or they could be 58 and have a complete retirement plan ahead of them.
- Past Earning Capacity
This also presents jurors' challenges in that it requires a thorough investigation of the victim's past employment history and the possibilities for future earnings. A victim might be a recent graduate who has a career in engineering.
The victim could be unable to earn a living along with other expenses such as medical bills, car repairs, or out-of pocket costs for medications and therapy.
In the end, these expenses can add up to a significant amount of money. Adding up all these expenses to figure out the extent of your economic losses could be will allow you to get an acceptable settlement.
There are numerous factors that affect the amount of your economic damages. It is crucial to consult a skilled personal injury lawyer who can help you understand how these damages are calculated and be awarded. Your lawyer can provide you with a list of all your current and future economic losses as well as enlist experts who can assign a dollar value on these damages in the process of the calculation of your compensation.