Oxnard Car Accident Lawyer

Obtain Compensation for Car Accident Damages

Car accident victims have the right to collect damages from the liable party. These damages can be economic or non-economic. Here’s a closer look at each type.

Economic Damages

These damages come with a specific monetary value, such as medical bills, lost wages, and property damage. As a victim, you can easily keep track of these damage costs by saving receipts, calculating lost wages, and appraising damaged properties.

Medical expenses include the current and future costs that car accident victims face, such as hospital bills, surgeries, medication, and rehabilitative care. If you are unable to work because of your injuries, you can claim lost wages.

Lost wages include what you would have earned during your recovery period and any potential lost earnings in the future. You are likely to encounter events where your injuries prevent you from returning to work. Most of the time, you may not be working in the same capacity because of your injuries.

Meanwhile, property damage includes the cost of repairs or replacement for any property that was damaged in the accident, such as your car. Other properties potentially involved in car accidents include fences, house walls, and public property like fire hydrants.

Non-Economic Damages

These damages are more difficult to calculate because it requires relevant agencies to quantify pain and suffering. Usually, pain and suffering damages refer to the physical pain, emotional anguish, emotional distress, mental health issues, and loss of enjoyment of life that victims feel after an accident.

Victims will have to support their claims for the compensation they seek, which is where journaling can help. Keeping a journal to describe how you have been living since the accident can help build your case and provide evidence of the non-economic damages you have faced.

Calculating Economic & Non-Economic Damages

The first step for calculating your damages is to add up all of your economic damages, such as medical bills and lost wages. Once you have a total for your economic damages, you can then apply a multiplier to arrive at a total for your non-economic damages. Your multiplier will depend on the severity of your injuries. Usually, the multiplier is between 1.5 and 3.

To get the full compensation you deserve, it is important to have an experienced Oxnard car accident lawyer on your side. The team at Peck Law Corp will thoroughly investigate your case and collect evidence to build a strong claim on your behalf. We will work tirelessly to get you the best possible outcome.