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Personal Injury Compensation – How to Get the Compensation You Need It is normal to be concerned about your finances when in an accident. This is especially true when your injuries are serious. There are many ways to claim compensation for your injuries. These include both economic and non-economic damages such as suffering and pain. Economic Damages Financial compensation is available to anyone who has been injured due to the negligence of another party. The purpose of this compensation is to assist you in regaining the way you were prior to the injury. In personal injury cases there are two kinds of financial damages you could receive: economic and non-economic. The first is to pay for your monetary losses as a result of the accident while non-economic damages are intended to compensate for emotional pain. personal injury law firm flint or judge may award economic damages to victims in numerous cases. This includes lost wages or rehabilitation costs, medical bills and property damage expenses like repair and replacement. This category of damages is concrete in that it can be documented through receipts as well as pay stubs, bills and receipts. A defendant's negligent behavior can cause different economic loss. These losses include : – Loss in Earning Capacity A victim could have a reduced earning capacity following an injury. They could be forced take a lower paying job or even permanently disabled. Future earning capacity This is a difficult factor to determine since it depends on the age, industry and trend of the victim's profession at the time of the accident. A person may be young and are in a promising profession, or they might have a retirement plan. Past Earning Capacity This is a problem for jurors since it requires an in-depth analysis of the victim's work history and future earnings. For example, a victim may be a recent college graduate with a promising career path in engineering. – The victim may have lost their income along with other expenses such as medical bills, car repairs or out-of-pocket costs for medication and therapy. These expenses can add up to a significant amount of money. In order to get a fair settlement take all of these costs together. There are a variety of factors that go into determining the exact amount of your financial damages, so it is crucial to consult an experienced personal injury attorney who knows how these damages can be determined and given. Your lawyer will provide you with a detailed list of all of your economic losses and help you identify experts who can assign a dollar amount to these damages in order to determine your compensation.