Car accidents are traumatic on many levels. They can lead to embarrassment, anger, depression, anxiety, and severe physical and emotional suffering. For instance, you may suddenly feel unsafe driving or be riding in a car – something you never thought twice about before. This limits your freedom, ability to work, and chances to see friends. After a crash, you may no longer have the same physical capabilities. A disability may force you to grieve for the abilities you may never regain. In addition to these injuries, the collision may seriously harm your family’s financial situation. Your savings may quickly dwindle in the face of medical bills and lost income.
All of these factors are why you have the right to seek car accident compensation. When you are injured because of another driver’s careless, recklessness, or intentional wrong doing, then you can pursue economic and noneconomic damages through a personal injury insurance claim or lawsuit. At Studinski Law, LLC, our experienced car crash lawyers can explain your rights, legal options, and the process of attempting to recover compensation. Our goal is always to seek justice and gain you the most compensation after a car accident. Call us today at (715) 343-2850.
Economic Damages in Car Accident Claims
Car accidents lead to a number of out-of-pocket expenses. One of the purposes of pursuing a personal injury insurance claim or lawsuit is to be reimbursed for the costs with which you have been burdened. Since another person caused the accident and these expenses, they should take financial responsibility.
Economic damages are objective expenses that often can be demonstrated by receipts and other records. For instance, you will have records and bills for all of the medical care you have received since the accident. You do not have to guess at how much you are owed by the at-fault driver. Your attorney can help you accurately calculate your economic damages, including:
- Repairs to or replacement of your vehicle and other property
- Past and future medical expenses
- Transportation expenses for medical care
- Lost wages
- Loss of earning capacity
- Home and vehicle renovations to accommodate your medical needs
Your future medical expenses and reduced earning capacity can be very import claims. These claims can also be complex. You will likely need to work with medical and vocational experts to determine how much your continued medical care will cost and how much less you are likely to earn over your lifetime due to your injuries.
Non-Economic Damages in Car Accident Claims
After experiencing a serious car accident, you become deeply aware that the true costs of the crash are not merely financial. You are experiencing physical and psychological injuries each day, and you deserve compensation after a car accident for these non-economic injuries.
Non-economic damages may include:
- Pain and suffering
- Emotional distress and mental anguish
- Loss of enjoyment of life
- Loss of society and companionship
The non-economic damages you seek may be just as important as the economic damages. However, since they are often more subjective, they can be more difficult to calculate. An experienced attorney can help you determine how much compensation to pursue based on your non-economic injuries. The amount will depend on a number of factors, such as the type and degree of your injury, whether it is visible to others, whether the physical pain interferes with a healthy and independent lifestyle, whether you have been diagnosed with a mental health condition following the accident, and a variety of other factors. .
Punitive Damages in Car Accident Compensation Claims
This is the third type of damages you may have the opportunity to pursue a personal injury claim: Punitive damages. These are not meant to reimburse you for your physical, psychological, or financial injuries. Instead, punitive damages are intended to punish the wrongdoer and prevent them from behaving similarly in the future. You will not be able to gain punitive damages for a case based on ordinary negligence. However, if you can prove the at-fault driver acted maliciously toward you or showed an intentional disregard for your rights, then you may be able to obtain punitive damages.
Wisconsin law limits how much you can receive in punitive damages. You may not obtain more than twice the amount of any compensatory damages or $200,000, whichever is greater. However, there is an exception to the state’s punitive damages cap. It does not apply to your case if the at-fault driver was intoxicated at the time of the accident.
Punitive damages are often not considered in car accident settlement amounts. They are generally only available if you pursue a personal injury lawsuit in court. However, your attorney can help you understand your legal options in your specific situation.
Contact Our Personal Injury Lawyers for Help Today
If you were injured in a car accident and need to recover compensation, call us at Studinski Law, LLC today. Our attorneys are knowledgeable, skilled, and experienced in handling car accident claims associated with all types of injuries. We can explain your rights, calculate your damages, deal with the insurance company, and negotiate an appropriate car accident settlement amount. If an insurance settlement is not possible, we can represent you in a personal injury lawsuit and fight for your right to compensation at trial.
We will always strive to protect your rights and interests and obtain you the maximum compensation possible for your injuries. Call us today at (715) 343-2850 to schedule an initial consultation or contact us online.