Economic Damages in Car Accidents
The following are the economic damages in car accidents:
Property damage— if your insurance policy did not cover damage to your car, then you can sue the other driver’s insurance company for the costs to repair your car or its fair market value at the time of the accident. Also, if your insurance policy covers damage to your car, but you have to pay a deductible, then the other driver’s insurance company would be responsible for the deductible too;
Past Lost Wages–if your physical injuries caused you to be unable to work for a limited time, let’s say six months, and your insurance policy did not have a lost wage benefit, then the other driver’s insurance company would have to pay you for those six months of lost wages;
Future Lost Wages–if your physical injuries either prevent you from working in the future, or limit the amount of wages that you could earn in the future, and your insurance policy did not have a lost wage benefit, then the other driver’s insurance company driver would have to pay for those future lost wages;
Past Out-of-Pocket Medical Expenses–if you did not have some type of medical insurance at the time of the accident, or if you had medical coverage but you had co-pays and deductibles, then the other driver’s insurance company will have to pay for those out-of-pocket past medical expenses;
Future Out-of-Pocket Medical Expenses–if you suffered a physical injury that would cause you to need medical treatment in the future, then the other driver’s insurance company would have to pay you for those future medical expenses;
Other Economic Damages—For example, if, before the car accident, you cleaned and did work around the house, and after the accident, your physical injuries prevent you from doing that, and now you have to pay someone else to do it, then the other driver’s insurance company would have to pay for those expenses.
Want Peace of Mind and a Complete Evaluation of Your Case?
Call (610) 365-4565 NOW or Click HERE to Schedule a Consultation with Chester County Pennsylvania Car Accident Attorney, Michaelangelo L. Dippolito. Click HERE to see the attorney’s background.
Not Ready to Speak to an Attorney Yet? No Problem.
Get this FREE Book and Consumer Protection Guide. Anyone who has tried to get an insurance company to pay them money for damages for their car, out-of-pocket medical expenses, lost wages, or for physical injuries, has no idea what they’re up against. That’s why I wrote the Book, and Consumer Protection Guide, Injured in a Car Accident? What You Need to Know to Protect Your Legal Rights in Pennsylvania. In that book, I tell you what you need to know to protect your legal rights and avoid the insurance industry’s “Sucker Punch Approach,” which the insurance industry uses routinely on unsuspecting honest people to avoid paying the full value for legitimate car accident claims to maximize their profits. Here’s some of what’s in the FREE Book and Consumer Protection Guide:
- Six Reasons the Insurance Industry Doesn’t Want You to Read this Book
- You Are at War With the Other Person’s Insurance Company–Not the Person who Caused the Car Accident
- The Insurance Industry’s Sucker Punch Approach
- How the Insurance Company will Try to Use the Sucker Punch Approach on You
- Don’t Let Your Family Doctor Intentionally Ruin Your Claim
Still Not Ready and Want to Learn More Before You Move Forward? No problem.
Click HERE for more case examples of how the insurance industry tried to use the sucker punch approach on our clients and how we made sure that didn’t happen.
Click HERE for more information on car accidents in Pennsylvania. And remember, we are just a phone call away at (610) 365-4565.
Chester County Pennsylvania Car Accident Attorney with ThePeoplesLawFirm.com
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