The Calculation of Damages

The Calculation of Damages

Newport Beach personal injury law firmAfter first discussing your case with a Newport Beach personal injury law firm, you may ask what the value of your case is. While your Newport Beach personal injury attorney may not have an exact answer, he or she can explain the components that are part of a damage claim.

Economic Damages

When the Newport Beach personal injury law firm that represents you calculates your damages, it will probably commence with economic damages. These damages are easier to quantify than non-economic damages. One element of these damages is the amount that it will take to repair your property that was damaged in the accident. Another element is the value of the income that you lost while recovering or attending medical appointments. In some cases, loss of credit and loss of insurability may also be available as part of your damage claim. Another piece of damages that your Newport Beach personal injury law firm will take into account is medical expenses, including past medical costs, rehabilitation costs and prospective medical costs. If the case involved death, funeral costs may also be included.

Non-Economic Damages

Non-economic damages are those that are not easy to quantify, even if it is clear that they have been suffered. Non-economic damages may include loss of enjoyment of life, loss of companionship, loss of society, mental impairment, physical impairment, physical disfigurement, pain and suffering and mental anguish.

If you would like more information about how to calculate the damages that you suffered, contact Russell & Lazarus APC at (949) 851-0222.