What Financial Losses Can I Include In My Personal Injury Claim?
January 10, 2023
You take good care of your health to ensure you live a long, happy life.
Unfortunately, being precautious is not always enough, especially when you suffer injuries due to another’s negligent behavior. Recovery could be expensive and lengthy, leading to countless financial losses.
Brown & Gessell understand that personal injury claims can take a long time to resolve. Providing accurate and credible evidence takes work, especially when the statute of limitations gives you a deadline when it comes to personal injury claims.
Pursuing a personal injury claim while recovering from your injuries might be challenging. You face medical bills, lost wages, car repairs, and other expenses. If a third party injured you, the following points will explain exactly what you can include in your personal injury claim.
Health Care Expenses
Depending on the severity of your injuries, your medical bills can reach an exorbitant amount. Paying these bills out-of-pocket can significantly affect your financial stability up to the point where you might acquire debt. You might have to cover the costs of the ambulance, hospital stay, surgery, and treatment. You need rest to recover from your injuries, but the impending payments might disallow or delay that.
In such instances, you should include all medical expenses and out-of-pocket expenses related to your treatments in your personal injury claim. Even if the insurance company might cover a portion of your medical expenses, a personal injury claim can award additional non-economic compensation for the pain and suffering you endured.
Loss of Income, Present, And Future
Although not all injuries prevent you from working, many will strain your ability to complete your tasks. While your expenses increase after injury, your income will suffer significant losses in the present and future. Taking unpaid time off from work can be a temporary solution, but it can also create a hole in your finances.
To have a successful claim, you must provide proof that supports your claim. Some documentation that might be helpful is wage slips preceding the accident and a letter from your employer that confirms your time off from work.
Suppose your injuries are such that you must fully retire earlier than planned. In that case, you can add loss of future earnings to your personal injury claim as well. Furthermore, if you took a longer period of absence from work, it might affect your pension due to lack of contribution. Your attorney will know how to gather the required documentation to prove the extent of the damages you suffered.
Vehicle Repairs Or Replacement
According to the National Highway Safety Administration (NHTSA), car accidents resulted in 3,847 fatalities in 2020 in California. A car crash can inflict severe and permanent injuries that will change the way you live your life.
Nevertheless, your car will sustain damages that require fixing before hitting up the road. Sometimes, the impact might damage your car so much that repairing it is not cost-efficient. If this is your circumstance, you can include a vehicle replacement in your personal injury claim.
Dealing with compensation claims and legal matters while you are going through recovery might be challenging. It is always good practice to seek help from a qualified personal injury attorney to ensure that your claim is in good hands. A good lawyer will understand your situation and fight for your right to be fully compensated for all your damages.
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