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personal injury lawsuit warren – How to Get the Compensation You Need If you're involved in an accident, it is normal to worry about your financial situation. This is especially true if the injuries you sustained are severe. There are a variety of ways to be compensated for your injuries. These include economic damages and non-economic damages such as pain and suffering. Economic Damages Financial compensation is available to anyone who has been injured as a result of the negligence of a third party. This compensation will help you recover from your injuries and get back to the level you enjoyed prior to injury living. In personal injuries, there are two types of monetary damages you can get: non-economic and economic. The first is to pay for the financial loss you suffered as a result of the accident while non-economic damages are intended to compensate for your emotional burdens. A judge or jury could award economic damages to victims in a number of cases. This can include lost wages, rehabilitation, medical bills, and property damage costs like repair and replacement. This category of damages can be documented by receipts, bills, and pay stubs. A defendant's negligent behavior can result in a wide range of economic losses. These include: – Loss of Earning Capacity A victim may be unable to earn as much after an injury. They could be forced to take a lower-paying position or be permanently disabled. – Future Earning Capacity This is a difficult factor to calculate since it is contingent on the age, the industry and the trend of a victim's career at the moment of the accident. One person may be young and have a promising job, or they may have a retirement plan. – Past Earning Capacity This also presents a challenge for juries in that it requires an in-depth analysis of the victim's past employment situation and the potential for future earnings. For instance, a victim could be a recent graduate with a promising career path in engineering. – In addition to lost wages, the victim could have incurred other expenses such as medical bills, car repairs and even out-of-pocket costs for medication or therapy. In the end, these costs will add up to an enormous amount of money. Add all of these costs to determine what your economic damages might be will help you get an acceptable settlement. There are a variety of factors that determine the exact amount of your financial damage, which is why it's important to consult with an experienced personal injury attorney who is aware of how these damages are calculated and granted. Your lawyer will provide you with a list detailing all your economic losses and help you find experts who can assign a value to these damages in order to determine your compensation.