If you have been injured in a car accident and are preparing to file a
claim and/or lawsuit, you might not be familiar with the types of damages
that are available in a personal injury claim. Some of these are rather
straightforward, while others may be ones with which you are not necessarily
familiar. This is why it is important to retain a skilled
Maryland personal injury attorney to ensure you are getting the maximum compensation owed.
Economic damages are the most common type of compensation received as the result of a personal
injury claim. These are damages that can be quantified with a dollar amount,
and they include physical damage and injury-related costs.
If you have been in an injury accident, medical expenses are likely to
be your biggest expenditure. Medical expenses can include everything such
as emergency room services, surgery, physical therapy, inpatient and outpatient
medical services, medical equipment, prescriptions, and more. Some people
do not realize that injuries can interfere with daily life, like getting
dressed, bathing, and regular tasks like making food. More serious injuries
that require the use of a wheelchair or walker may require modification
of your home or the services of an in-home nurse, therapist, etc.
Other costs that are sometimes overlooked by a claimant are future medical
costs. You may be settling your claim today, but have months or years
of medical treatment still pending, or you may require treatment or surgery
sometime down the line.
Loss of Earnings
Even a small injury claim can require you to be off work for one or more
days, which can cause significant financial strain on a household. Loss
of earnings, or lost wages, can be included in your demand amount and
can include both wages and benefits from the time you were unable to work
as well as the time you took off from work to receive medical treatment
Loss of Earnings Capacity
Loss of earnings covers a short, temporary loss of earnings, but loss of
earning capacity takes into account what you will lose down the line.
If you are permanently injured or unable to work in your same profession
after the accident, you may be entitled to a claim for your future loss
of earning potential.
Costs associated with repairing or replacing physical property are part
of the economic damages claim. In most cases, property damage relates
to the damages to your vehicle. It may need to be repaired, or it was
totaled, meaning you need to replace the vehicle. There may be costs associated
with renting a vehicle as well as costs associated with replacing your
Non-economic damages are those that are not tied to a specific dollar amount.
This means they are not measureable on paper, but can be estimated based
on subjective information. These include items like pain and suffering
and punitive damages. The non-economic damages are where most settlement
offers fall short, very short. Insurance companies try to pay out the
least amount possible whereas the injured party feels they deserve a much
larger amount. This is why it is important to have the best Maryland personal
injury attorney on your side.
Retaining a Maryland Car Accident Attorney
If you have been injured in an automobile accident, contact the Law Office of Robert R. Castro and let us help you negotiate the best settlement
possible. Our skilled attorneys are used to dealing with insurance adjusters
on a daily basis, and we will help ensure you get the compensation you deserve.