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5 Types of Car Accident Damages To Seek Compensation For

Those who are a victim in a car accident are often entitled to compensation for the accident. The compensation is intended to cover the expenses related to the car accident so the victim is not financially liable for something they did not cause to happen. After a car accident, there are many types of compensation the victim may be able to obtain.

Medical Bills

The biggest part of the compensation received is likely the coverage for medical bills. Depending on the severity of the injuries, the person may be entitled to a significant amount of money to cover any medical treatment that results from the accident. Lawyers like Frekhtman & Associates help victims of car accidents receive the full amount of money they need to cover longer hospital stays, more advanced treatments to minimize permanent damage, and more.

Vehicle Damages

If the victim was driving their own vehicle when the accident occurred, they might be able to receive compensation to help cover any damages to the vehicle. This could be a small amount of the vehicle did not receive much damage in the accident or could be enough to cover the cost of replacing the vehicle if it was totaled as a result of the crash. The intention with this type of compensation is to restore the vehicle to the condition it was in before the crash occurred.

Lost Income

Those who are recovering from a serious injury due to a car accident will likely have to miss work while they recover. In these cases, the victim may be able to obtain compensation for lost wages. This is intended to cover any amount of time they need to take off during their recovery, so they do not lose their income simply because they needed to recover from the injuries they sustained during the accident.

Future Expenses

When the case is settled, the victim of the accident may still have expenses related to the accident they’ll need to deal with. If the person is permanently injured, they may have future medical bills to worry about or future lost wages to deal with. In these cases, it’s possible for the person to receive compensation based on the future expenses they may have to deal with. The amount of compensation will depend on how much they are expected to spend on their medical treatments, lost wages, and related expenses in the future.

Punitive Damages

In some cases, the victim of an accident may be awarded punitive damages. These damages are those in which the person obtains extra money on top of the other types of compensation that is designed to punish the person who causes the accident. Whether or not this is applicable will depend on the facts of the case and why the accident occurred. This type of compensation is generally seen in truck accidents, where a company has been warned that their actions will cause further accidents, but where the company did not take the appropriate steps to reduce the chance of an accident.

If you’ve been injured in a car accident, speak with a lawyer today about the types of compensation you might be able to obtain and how much compensation you should receive. They can help you get as much compensation as possible for your case, so you don’t need to pay for any of these and other expenses out of pocket.

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