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personal injury attorneys newport news – How to Get the Compensation You Need It is normal to worry about your finances when involved in an accident. This is especially true when you're involved in serious injuries. There are a variety of ways to receive compensation for your injuries. These include economic damages and non-economic damages like pain and suffering. Economic Damages When you suffer an injury because of the negligence of another, you should be entitled to financial compensation. This compensation is designed to aid you in recovering from your injuries and return to the level you enjoyed prior to injury living. There are two types of damages that can be awarded in personal injury cases: economic damages and non-economic damages. The first is to pay for the financial losses incurred due to the accident, and non-economic damages are intended to compensate you for your emotional pain. In many cases, a jury or judge will award the victim with economic damages to pay for their lost wages, medical bills and rehabilitation care along with property damage costs like repair and replacement. The damages in this category can be documented through receipts, bills, and pay stubs. A defendant's reckless behavior could result in different economic loss. These include: Loss of Earning Capacity A victim could be less able to earn after an injury. They may have to accept a lower-paying job or become permanently disabled. Future earning capacity This is a difficult factor to calculate since it is dependent on the nature, age, and trends of a person's career at the moment of the accident. Someone could be young and have a career on the rise, or they may be 58 years old and have a complete retirement plan in front of them. Past Capacity for Earning This poses jurors' difficulties because it requires a thorough investigation of the victim's work experience and the potential for future earnings. A victim may be a recent graduate who has a career in engineering. – In addition to lost earnings, the victim could have faced other costs like medical bills, car repairs, and even out-of-pocket expenses for therapy or medication. These expenses can amount to a substantial amount of money. The sum of all these expenses to determine what your economic losses might be will allow you to get an equitable settlement. There are a variety of factors that influence the amount of your economic damages. It is important to consult a skilled personal injury lawyer who will assist you in understanding the way these damages are calculated and given. Your lawyer will provide you with a complete list of the economic losses you have suffered and assist you in identifying experts who can assign a value to these damages in order to determine your compensation.