The Economic And Non-Economic Damages of Your Crash

When you’re in a car accident, it’s not just your physical health that’s at risk. Your mental and emotional well-being can also take a serious hit. If you’ve been injured in a car accident, you might be wondering how your attorney will calculate the damages. What are economic damages and non-economic damages? And how are they calculated? In this post, we’ll break it down for you and show you how a Buffalo automobile accident attorney from the Buffalo Car Accident Lawyer Legal Group will determine the value of your case.

Economic And Non-Economic Damages

You might be wondering how your attorney will calculate the economic and non-economic damages associated with your crash. The first thing they’ll do is calculate your medical expenses, which include things like ambulance fees, hospital bills, surgeries, and any ongoing treatment you might need.

Next, they’ll look at your lost wages. This takes into account any income you would have earned had you not been injured, as well as any future earnings you might lose out on because of your injuries.

Finally, they’ll calculate your noneconomic damages, which are the more subjective damages associated with your crash. These can include things like pain and suffering, emotional distress, loss of enjoyment of life, and more.

Economic Damages

Your attorney will calculate your economic damages by adding up all of your financial losses associated with the crash. These can include things like medical bills, lost wages, property damage, and the cost of hiring someone to do the things you can no longer do yourself.

These damages are usually pretty easy to calculate because there are usually receipts or other documentation that can be used as proof of the expense. In some cases, your attorney may need to hire an expert to help calculate your economic damages.

Non-Economic Damages

Your attorney will also calculate the non-economic damages which are more difficult to quantify but just as important. These include things like pain and suffering, mental anguish, permanent disability, loss of enjoyment of life, and loss of consortium (which is the loss of companionship or intimacy with a spouse).

To calculate these types of damages, your attorney will speak with you about the crash and how it has impacted your life. They will also look at your medical records and speak with your doctor to get a better understanding of your injuries. Based on all of this information, they will come up with an appropriate number that they will then use to negotiate with the insurance company.

Pain and Suffering

Your attorney will also try to quantify your pain and suffering. He or she will ask you to keep a journal detailing how the accident has affected your day-to-day life. You should write down everything, no matter how small it may seem. Include physical pain, mental anguish, anxiety, fear, problems with relationships and work, and any other ways the accident has made your life harder.

Loss of Consortium or Services

If you are married, for instance, your spouse may also be able to recover damages for the loss of your love, companionship, affection, sexual relations, and other aspects of your marriage. These are called “loss of consortium” or “services.”

How Does A Lawyer Calculate Economic And Non-Economic Damages?

The first thing your attorney will do is calculate your economic damages. These are the financial losses you have suffered as a result of the crash. They may include medical bills, lost wages, and property damage. Your attorney will then calculate your non-economic damages. These are the intangible losses you have suffered as a result of the crash. They may include pain and suffering, emotional distress, and loss of enjoyment of life. Your attorney will use a variety of methods to calculate your damages, including looking at comparable cases and using expert witnesses. Ultimately, the goal is to get you the compensation you deserve for the losses you have suffered.

Buffalo Personal Injury Attorneys Can Make All The Difference!

Attorneys can help ensure you get the best settlement possible. From the start, your attorney will create a plan of action. This combines the story with a roadmap outlining what needs to happen during legal proceedings to ensure success. The roadmap includes all of the steps they need to take before building power by assembling all the necessary resources required depending on the level of the case. Finally, they need to present the story at trial. It’s not just a recounting of what happened; it’s about how this affected you and what type of recovery is needed. Persuasively presenting this information is an essential part of a lawyer’s job.

Hire Capable Buffalo Personal Injury Attorneys Today!

If you’ve been in an accident, contact a Buffalo automobile accident attorney from the Buffalo Car Accident Lawyer Legal Group to discuss your case. They will be able to help you determine the value of your claim and fight for the compensation you deserve.

A car accident is a serious incident and anyone who has gone through one knows how difficult the recovery process can be. The amount of damages you receive is dependent on the harm caused by the incident, and you should work with an attorney who is experienced in calculating those damages. If you have been involved in a car accident, you may be entitled to financial compensation for your injuries and losses. Depending on the severity of your injuries, you may be entitled to seek compensation for things like medical costs, lost wages, and pain and suffering.

The economic damages that your Buffalo personal injury attorneys can calculate are based on lost wages, medical bills, and out-of-pocket expenses. The non-economic damages, on the other hand, are based on the pain and suffering, and mental anguish you experienced. At the Buffalo Car Accident Lawyer Legal Group, we offer a free initial consultation to our clients and help them understand the value of their case before pursuing legal action.

No need to hold back from getting what you deserve, call us now for legal help!

Share on facebook
Share on twitter
Share on linkedin
Share on reddit