May 10, 2024 | Uncategorized

PA Auto Accident Economic Damages

close up man holding hand with blue bandage as arm injury concept with car accidentAuto accidents in Pennsylvania are an unfortunate reality. Injuries sustained in these crashes can be very serious, resulting in significant financial distress on top of physical and emotional strain. If you have been involved in a PA auto accident caused by another party, you may be able to recover several types of damages. Auto accident economic damages are one crucial type, intended to cover your measurable financial losses.

Sharma Law Office is a personal injury law firm based in Easton, PA. Our injury attorney in PA is committed to helping injured clients recover their rightful compensation after another driver causes them harm.

What Are Economic Damages?

Auto accident economic damages are designed to make you financially whole. They include the direct costs resulting from the crash, such as:

  • Medical Expenses: This encompasses treatment costs like hospital bills, doctor’s visits, medication, surgery, physical therapy, rehabilitation, and any necessary medical equipment.
  • Lost Wages: If your injuries prevent you from working, you may be entitled to recover lost income and potentially reduced future earning capacity.
  • Property Damage: This includes costs of repairing or replacing your vehicle and any damaged personal belongings.
  • Out-of-Pocket Expenses: Other costs directly related to the accident, such as transportation to medical appointments might be recoverable.

How Do You Calculate Economic Damages?

To obtain economic damages, you will need to carefully calculate and document your expenses. Be sure to maintain and organize the following:

  • Medical Bills and Records: Collect all documentation supporting your medical costs and keep detailed records of appointments, expenses, and treatment plans.
  • Pay Stubs and Tax Returns: This evidence will demonstrate your past income and help project future losses. An expert may be used to further support calculations for loss of future earning capacity.
  • Repair Estimates and Receipts: Documentation of the expenses needed to repair or replace your damaged vehicle.

A skilled auto accident lawyer in Easton, PA, can significantly help in negotiating a fair settlement. Seeking the assistance of an experienced injury attorney in Easton after a PA auto accident is crucial to protect your rights and ensure maximum compensation for your economic damages. Do not risk underestimating or overlooking critical expenses; contact Sharma Law Office today for a consultation.