Personal Injury Compensation - How to Get the Compensation You Need
When you are injured in an accident, it is normal to be concerned about your financial situation. This is especially true when you're involved in serious injury.
There are ways to get compensated for your injuries. This includes economic and non-economic damages , such as suffering and pain.
Economic Damages
If you sustain an injury due to the negligence of another you are entitled to financial compensation. This compensation is intended to help you recover from your injuries and return to the same standard of living.
In personal injuries, there are two types of damages that you can receive: economic and non-economic. The former is meant to compensate you for financial losses caused by the accident, whereas the latter is designed to compensate you for the emotional pain that your accident has caused.
A jury or judge may award economic damages to victims in a number of cases. personal injury lawyer oregon can include lost wages and rehabilitation expenses, medical bills and property damage costs such as repair and replacement. This category of damages is specific in that it may be documented through receipts as well as pay stubs, bills and receipts.
Unfortunate behavior by a defendant can result in a variety of economic losses. These losses include:
- Loss in Earning Capacity
A victim may be unable to earn as much after being injured. They could be forced work at a lower wage or even permanently disabled.
Future Earning Capacity
This is a difficult factor to estimate because it depends on the victim's age, their industry, and trend at the moment of the accident. Someone could be young and their career that is growing, or they could be 58 and have a full retirement plan in front of them.
- Past Earning Capacity
This is also jurors' challenges because it requires a thorough investigation of the victim's past job and the possibility for future earnings. For instance, a defendant may be a recent college graduate with a promising career path in engineering.
- The victim may have lost their wages in addition to other expenses such as medical bills, car repairs, or out-of pocket costs for medications and therapy.
In the end, these costs will add up to an enormous amount of money. In order to get a fair settlement take all of the expenses.
There are a variety of factors that go into determining the exact amount of your financial damages, so it is important to speak to an experienced personal injury attorney who understands how these damages are determined and granted. Your lawyer will provide you with a detailed list of the economic losses you have suffered and help you identify experts who can assign a dollar value to these damages to determine your compensation.