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Personal Injury Compensation – How to Get the Compensation You Need It is normal to worry about your finances when you are involved in an accident. This is particularly true if you're the victim of an accident that causes serious injuries. There are many ways to recover compensation for your injuries. This includes economic damages as well as non-economic damages, like pain and suffering. Economic Damages Financial compensation is open to all who have suffered injuries due to the negligence of another party. This compensation is designed to aid you in recovering from your injuries and get back to your pre-injury standard of living. In personal injury cases there are two kinds of damages that you can get: non-economic and economic. The former is designed to compensate you for monetary damages resulting from the accident, whereas the latter is designed to compensate you for the emotional burdens your accident has caused. A judge or jury could award economic damages to victims in a variety of instances. This includes lost wages, rehabilitation costs, medical bills and property damage costs like repair and replacement. This category of damages can be documented with bills, receipts, and pay stubs. personal injury lawyer nampa can result in different economic loss. These losses include: – Loss in Earning Capacity When a victim is injured, their earning capacity may be severely affected. They may have to accept a lower paying job or become permanently disabled. Future earning capacity This factor can be difficult to determine because it is contingent on the victim's age, their industry and trends at the time of the incident. The person may be young and have a career on the rise, or they may be 58 and have a full retirement plan. – Past Earning Capacity This presents a challenge for jurors because it requires a thorough examination of the victim's work history and the potential earnings for the future. For example, a victim may be a recent college graduate with a promising career in engineering. In addition to losing wages, the victim might have faced other costs such as medical bills, car repairs, and even out of pocket expenses for therapy or medication. In the end, these costs can add up to an enormous amount of money. To get a fair settlement take all of these expenses together. There are numerous factors that impact the amount of your economic damages. It is important to consult with an experienced personal injury lawyer who will help you understand the way these damages are calculated and be awarded. Your attorney will provide you with a list of all your present and future economic losses as well as enlist the help of experts who can put a dollar value on these losses in the course of the calculation of your compensation.