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Personal Injury Compensation – How to Get the Compensation You Need It is normal to be concerned about your finances when involved in an accident. This is particularly true if your injuries are serious. Fortunately, there are ways to be compensated for your injuries. These include economic damages as well as non-economic damages, like pain and suffering. Economic Damages Financial compensation is available to those who have been injured due to the negligence of another party. This compensation is intended to aid you in recovering from your injuries and return to the standard you had prior to your injury living. In personal injuries there are two kinds of damages that you can receive: economic and non-economic. The first is to compensate for your financial losses due to the accident, while non-economic damages are designed to compensate for your emotional suffering. A judge or jury could award economic damages to victims in many instances. This includes lost wages, rehabilitation costs, medical bills and property damage costs such as repair and replacement. This type of damage can be documented by receipts, bills, and pay stubs. A defendant's negligence can lead to a number of different economic losses. These losses include : – Loss of Earning Capacity If a victim is injured their earning capacity could be severely affected. They might be forced to find a job that pays less or even permanently disabled. – Future Earning Capacity This is a difficult factor to determine because it is contingent on the victim's age, industry and the trend at the moment of the accident. The person may be young and have a career on the rise, or they may be 58 years old and have a full retirement plan in front of them. – Past Earning Capacity This is also a challenge for juries, as it requires an in-depth analysis of the victim's previous employment history and the possibilities for future earnings. A victim could be a recent college graduate with an engineering career. personal injury lawsuit beaverton could have lost their income along with other expenses like medical bills, car repairs or out-of pocket costs for medications and therapy. These expenses can be significant and can add up to an amount of money. To obtain a fair settlement, add all of these costs together. There are a myriad of factors that determine the exact amount of your financial damage, which is why it's essential to speak with an experienced personal injury lawyer who understands how damages can be determined and given. Your lawyer will provide you with a list detailing the economic losses you have suffered and assist you in identifying experts who can assign a dollar value to these damages in order to calculate your compensation.