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What You Should Know About Car Accident Compensation If you have been involved in a car accident and you are aware of your rights in pursuing car accident compensation You have certain rights as a victim including the right to recover economic and noneconomic damages in addition to medical expenses This article will go over the process for pursuing compensation and the time period to pursue it Noneconomic damages You can also be awarded noneconomic damages for things like pain and suffering emotional distress or loss of consortium These damages can have a major impact on your way of living These losses could impact your ability to work or care for your family The amount of noneconomic damages you can claim depends on the particular situation Noneconomic damages are the intangible aspect of a personal injury claim and are often the hardest to quantify These damages include your emotional and physical health as well as any changes to your lifestyle caused by the accident These damages could include psychological suffering physical discomfort and pain and scarring a decrease in selfesteem loss of the consortium and psychological distress Noneconomic damages are comparable to economic damages however they are not calculated with the same accuracy These damages can include suffering and pain disability loss of earning capacity disfigurement and loss of enjoyment of life They may also include other kinds of losses for example the inability to enjoy certain activities or deteriorating of an existing condition In addition to emotional and physical damages noneconomic damages may include the loss of consortium of a spouse Noneconomic damages are important as well as economic damages when filing a claim for auto accident compensation These kinds of damages are designed to compensate for the nontangible effects of the accident For brockton car accident attorneys You Tube injuries could cause significant medical costs and physical discomfort The emotional impact of an accident may be devastating A noneconomic damages claim can provide compensation for these losses and assist the victim to live an ordinary healthy life Noneconomic damages are often difficult to determine While there is no limit on the amount of damages that can be awarded the amount that you will receive depends on how serious the injuries are and the extent of the extent of your suffering The amount of compensation you will receive will be contingent upon the severity of your suffering and pain was Economic damage Economic damages are the damages caused by personal injuries which often require months or even years off work These damages include reduced earning capacity future and past medical treatment and damage to property They are calculated using a multiplier between 15 and five based on the severity of the injuries The economic damages are proportional to the severity of the injuries There are a myriad of factors that determine how much one can recover from a car accident Economic damages include medical expenses lost wages as well as the time value of others Certain of these costs are immediate whereas others arent Depending on the severity the injuries you may also need to consider the cost of repair or replacement of the property Other damages include suffering and pain The plaintiff must be able show that the person was aware of the pain they felt Any perceived disability that is subjective must also be included in the damages Noneconomic damages include loss of consortium It occurs when a person is without love and comfort or even companionship Other types of economic loss include loss of earnings property damage and other kinds These are usually the most popular kinds of claims for compensation from car accidents You could be eligible for reimbursement of the cost of your cars repair replacement lost wages or transportation expenses You may also be eligible for compensation if your car is destroyed The amount of economic damages is important because it covers the expenses incurred in the event of an accident It is important to realize that the loss of earnings as well as medical expenses arent minimal This is the reason it is essential to keep track of all costs associated with the accident which includes medical bills and lost income Timeline for obtaining compensation While the process of getting damages for a car accident may seem lengthy there are steps you can follow to make it simpler Gathering evidence is an essential aspect of proving your case These documents could include medical records estimates of property damage and wage loss verifications This process could take anywhere from two to six months First it is imperative that you hire a qualified lawyer Your lawyer is the ideal person to help you build your case and represent you before the insurance company When you hire a lawyer then the lawyer will start building your case Your lawyer will gather evidence and inform the insurance company of your intention to sue They have between 30 and 45 days to reply Your lawyer will take all of your medical records including those from before the accident to build your case After you have gathered evidence and filed a claim for compensation Next you need to send a demand letter to your insurance company The letter should include details about the incident your injuries and your expenses The letter will begin the process of settling an auto accident The insurance company will file the claim In the majority of cases insurance companies will have ten business days to respond to your request If the injury is serious and you are suffering from a serious injury you should seek medical attention After a car accident it can take a few weeks or even months to fully recover A lawyer can help to navigate the process and determine the amount of compensation you are entitled to This process could take from one to several months depending on the severity and severity of your injuries Your lawyer might have to consult with medical and financial experts to determine your claims value Medical expenses Medical expenses can be very expensive if youve been in a car crash Depending on the severity of the injuries sustained they could cost as high as 20000 to pay for These costs could include hospitalization chiropractic care and surgeries rehabilitation and many more services These expenses could be covered by your health insurance but you may have to pay for them yourself You could be eligible to receive reimbursement from your insurance company Medicare or Medicaid in certain circumstances Typically medical expenses are a part of car accident compensation Certain policies also cover mileage for medical visits Keep all receipts to prove you paid in advance Your insurance company may not be able to pay for outof pocket expenses After youve filed a claim the insurance company may pay a part of your medical bills However its important to remember that lawsuits can take many years to be settled During this time it could be difficult to pay your bills In most cases the person responsible will be held accountable medical bills but not right away The process for getting these expenses paid will depend on the type of accident and insurance coverage Certain insurance policies permit injury claims to roll on until the limit for coverage is reached Loss of wages If you are unable to work because of your injuries you can claim compensation for the damage caused by a car accident You are entitled to a specific amount of lost wages during the time when you are not able to work which could be as long as two months You are entitled to compensation for any psychological injuries you suffered due to Usually car insurance will cover your lost wages so long as you can prove that the other driver is at fault for the accident You can file a claim with personal injury protection insurance if the other driver does not have insurance or has a limited coverage To recover the lost wages it is possible to file a personal injury lawsuit You should also take time off from work following a crash to heal from your injuries Failure to take time off work can result in more serious injuries or even death You must prove that your injuries did not cause the loss of wages earned prior to when you are able to claim compensation for lost wages If you were selfemployed then you need to provide proof of your normal earnings You can also claim for tips or nonsalary earnings you were unable to collect due to the accident It is essential to submit your claim for autoaccident compensation for lost wages with the insurance company promptly following the incident Include all pertinent information about the incident Your claim for lost wages must be received by the insurance company within 30 days of the accident If you do not receive your claim by the deadline then you must provide proof in writing