Identifying and Valuing Recoverable Damages in a Car Accident
Identifying and Valuing Recoverable Damages in a Car Accident
If you have been injured in a car accident, you may be wondering what kind of damages you can recover. The damages available in a car accident case are usually grouped into economic and non-economic damages.After identifying the damages you incurred, it is crucial to keep track of the documentation showing how much you spent after the car crash. An evidence-based case will increase your chances of a higher award.Types of DamagesIt is important to note that you can only recover damages caused by the other driver’s negligence. You cannot recover damages caused by your negligence. For example, if you were speeding at the time of the accident, you would not be able to recover damages for the injuries that you sustained.Economic and Non-Economic DamagesThere are two main types of damages that you can recover in a car accident case: economic and non-economic damages. Economic damages have a specific monetary value, such as medical bills or lost wages. On the other hand, non-economic damages are those that do not have a specific monetary value, such as pain and suffering or emotional distress.Punitive DamagesYou may also be able to recover punitive damages in some cases. Punitive damages are designed to punish the at-fault party for their actions and deter future similar actions. However, punitive damages are not available in every case, and you will need to meet a higher burden of proof to recover them.How to Identify Your DamagesThe first step in recovering is to identify the damages you have incurred. This can be difficult, as some injuries may not be immediately apparent. For example, you may not realize that you have suffered a concussion until days after the accident.It is crucial to keep track of your medical bills and expenses related to the accident. This includes both current and future expenses. You will also want to keep track of any lost wages or other income incurred due to the accident. If you are unable to perform activities that you enjoy because of your injuries, you may be able to recover damages for loss of enjoyment of life.You will also want to keep a record of any other damages incurred. This can include damage to your vehicle, property, or personal belongings. If you have suffered any emotional distress or mental anguish from the accident, you may also be able to recover damages for this.How to Value Your Damages
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About Leland D. Bengtson
As a journalist, Leland D. Bengtson dedicated most of his career to law reporting. He aims to draw in the public and make people more interested in the field. He is active on multiple platforms to increase his outreach to the public. Leland tirelessly covers all types of legal issues, but he has a personal preference for medical malpractice. This is mainly because he witnessed the implications of medical malpractice on a family member.