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What Are Recoverable Damages?

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Negligence can result in a person being injured in an accident. When another person or entity was at fault, there may be the possibility of recoverable damages. If you are in this situation, how much compensation is possible may be on your mind. After all, financial compensation will never restore a person’s health or take away pain, but it can make it possible to pay off bills and access high quality medical care and treatments.

When you discuss your personal injury suit with a Bucks County personal injury lawyer, the two of you can determine what amount is needed to get you closer to the life you and your family enjoyed prior to the injurious event. Recoverable damages will likely fall into two categories, either economic damages or non-economic damages.

Out-of-Pocket Bills and Expenses

Medical bills and other out-of-pocket expenses that are tangible and can be totaled with the use of a calculator are referred to as economic damages. These are documentable expenses. This could include property damage, too. For instance, if a vehicle needs repair after a car accident the auto body shop will give you an estimate on how much that repair will cost. The estimate, receipts, and invoices can all be used as pieces of evidence.

Many economic damages are simple to prove as there is a paper trail of expenses. That said, there are times when economic damages are not straightforward. Future medical care is an example of costs that are less clear. But, if a person is injured and will need care after a settlement is awarded, future medical bills need to be addressed. Expert assessments are often used to determine the cost or ongoing care and treatment.

It is essential you assess what is needed before a settlement is agreed upon. Once everyone agrees to an amount, it is very, very difficult to secure additional funds. Work with a Bucks County personal injury lawyer to get a full scope of your economic damages following an accident.

Some Damages Are Difficult to Measure

Of course, there are plenty of accident damages that are not easy to tally, including disability, pain and suffering, and loss of life joy. Putting a number on a decrease of life enjoyment is difficult, but not impossible. Often attorneys will negotiate possible compensation amounts, looking at amounts that were agreed upon in prior situations that were similar.

Recoverable damages differ from case to case. A seasoned lawyer knows how to calculate the amount you deserve. This is not an estimate. It is amount based in fact that can bring some relief to your situation following an injurious event.

Are you wondering what damage award amount may be possible after your New Jersey or Pennsylvania accident? Contact a member of the legal team at Kardos, Rickles & Hand. Our attorneys know how to secure the maximum settlement amount possible. Accidents happen every day. When they happen to you, it is essential you have a lawyer fighting for your rights. Reach out today, call 215-968-6602.

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