Financial burdens of recovering from severe injuries can take away important time from your recovery, adding additional stress to your family and loved ones. If you have been injured in an accident caused by someone else’s negligence, you are legally entitled to compensation for all resulting losses. Your car accident attorney will help you calculate the comprehensive amount, making sure that you do not have to accept a settlement that unfairly undervalues your suffering and future medical needs. Under Texas law, compensation for injury falls into two main categories of compensatory damages: economic and non-economic damages.
Economic Damages for Current and Future Losses
Economic damages cover the quantifiable, financial losses that result directly from your injury. We use concrete evidence and documentation to meticulously calculate these costs. We may consult with financial, medical, or vocational rehabilitation specialists to make sure your future economic damages are accurately represented in your claim. These damages include everything from emergency care and surgery to physical therapy and ongoing treatments, lost paychecks due to time off to recover, and property damage to your vehicle or other personal items.
Non-Economic Damages You Are Owed
Non-economic damages cover the subjective, non-monetary losses that still have a profound impact on your quality of life. These losses are more complicated to value, but are absolutely essential. They include compensation for pain and suffering, mental and psychological effects of the accident, and any losses suffered from your relationship with your spouse and family. Your attorney will employ established legal methods, such as the multiplier or per diem (per day) calculations, to assign a justified financial value to these losses.
Do not let an insurance adjuster dictate the value of your case. They will try to minimize payout, no matter how accurately you are able to calculate it. Speak with one of our Georgetown auto accident lawyers to discuss the full extent of your damages, both current and future, to make sure your total claim value is maximized and your future is protected.
