Economic Damages in Car Accidents

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Economic Damages in Boca Raton Car Accidents

At Kanner & Pintaluga, we recognize that car accidents are unfortunately all too common in Boca Raton. Being a popular tourist destination contributes to a higher frequency of motor vehicle collisions throughout the year.

All types of car crashes have consequences. Some of those are psychological or unquantifiable, like the pain and suffering a person experiences from their injuries or post-traumatic stress from being involved in a car crash. Other costs are more tangible and, in many cases, more pressing for your continuing financial stability.

Car crash attorneys should fight for the totality of compensation you’re entitled to receive – meaning getting the money you need to cover all your medical costs, lost wages and the expense of having your car repaired or replaced. 

Economic damages refer to the wide range of quantifiable financial losses that can result from a car accident. Thankfully, our car crash lawyers are here to guide people involved in Boca Raton car crashes through the process of pursuing compensation for these losses.

What Are Economic Damages?

Economic damages refer to the measurable financial losses suffered by a victim due to a car accident. Some of the most common types of economic damages that your Kanner & Pintaluga car crash lawyer can pursue on your behalf include:

Medical Expenses

Economic damages include all current and future medical expenses caused by the car accident in Boca Raton. This includes hospital bills, rehabilitation costs, prescription medications and any necessary medical equipment.

You also shouldn’t have to foot the bill if you require ongoing care, mobility assistance devices or long-term physical therapy or occupational therapy due to your car crash injuries. Our car crash lawyers at Kanner & Pintaluga will aggressively pursue complete compensation to ensure the at-fault party’s insurance company is made to pay all medical-related expenses.

Lost Wages

Victims of car accidents are entitled to compensation for lost wages resulting from missed workdays, decreased earnings or the inability to return to work because of the accident. Wage compensation can extend beyond just the salary or hours of work you missed due to the car crash or your injuries. People who suffer debilitating injuries that prevent them from returning to work in the same capacity, or at all, may have extensive lost future wages.

The car crash lawyers at Kanner & Pintaluga understand the importance of evaluating the full extent of your income losses to help ensure the Boca Raton car crash someone else caused doesn’t result in long-term financial hardship to you and your family.

Property Damage

Repair or replacement costs for damaged vehicles and personal property within the vehicle also fall under the umbrella of economic damages. Our experienced car accident attorneys have the know-how to assess the true value of property damage and will take into account both tangible and sentimental losses.

Some of the unique variables in the property damage portion of economic damages may include custom vehicle modifications, unique vehicles or personal property damaged in the crash. Replacing these may be difficult or impossible, and it’s important your compensation reflects the true value of the property damage losses.

Funeral and Burial Costs

In the tragic event of fatal car accidents, economic damages should also include the expenses associated with funerals and burials. Some people have prepaid funeral expenses to cover these costs in advance so their family doesn’t have to. Even if this is the case for your family, and the funeral and burial costs are technically already paid for, it doesn’t mean the at-fault party is off the hook for these expenses.

Kanner & Pintaluga approaches wrongful death car crash cases with sensitivity and are committed to helping you seek the total compensation you deserve, including for all end-of-life expenses.

Home Modifications

Economic damages also include home modifications for people who suffer disabling injuries from the accident. This includes expenses related to the installation of ramps, handrails or other necessary adjustments to accommodate limited mobility after the accident.

Home modifications are typically only required if a person suffered catastrophic injuries in a car crash. Although they may appear to be an ancillary cost that’s overshadowed by much bigger and more serious expenses, it’s important these renovation costs are not overlooked. The cost of home modifications can add up quickly, and it’s possible that more than one location will need to be appropriately modified to accommodate a person who suffered a disabling injury in a Boca Raton car crash.

Kanner & Pintaluga’s car crash attorneys can work with you to accurately calculate the full potential cost of current and future home modification projects.

Future Financial Considerations

Economic damages aren’t limited to immediate expenses; they also account for future financial considerations. Our Boca Raton car accident attorneys assess potential long-term costs and will advocate for you to receive compensation to cover all ongoing medical treatments, future therapies and any other financial issues resulting from the accident.

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Why Are Kanner & Pintaluga the Right Lawyers for Maximizing Economic Damages?

Since 2003, Kanner & Pintaluga have excelled at helping accident victims maximize their economic damages after car crashes in Boca Raton. Here is why you should consider choosing Kanner & Pintaluga to fight for your economic damages:

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Kanner & Pintaluga have recovered over 1 billion dollars and are experienced in working against insurance companies. Contact us for a free consultation, and let us provide you and your family with dedicated service and get you the compensation you deserve.

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Contact Kanner & Pintaluga Today for a Free Consultation

Every car accident results in some economic damages, but the diversity in outcomes can be extreme and depends on the severity of your injuries, your chances of making a full recovery and the skill of your car crash attorneys. If you’ve been injured in a crash, it’s likely in your best interest to seek legal representation promptly. Our experienced car accident lawyers at Kanner & Pintaluga are here to provide compassionate guidance and aggressive advocacy.

Contact us today for a free consultation to discuss your case and learn how we can help increase the chances of recovering the economic damages you deserve.

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Get the Aggressive Representation You Deserve

The team at Kanner & Pintaluga understand how frustrating being involved in a car crash can be. Losing your transportation, having to take time off work to recover, being unable to pay bills due to lost wages and dealing with the pain and suffering of serious injuries can significantly decrease your peace of mind and quality of life. Call today for a free consultation.

Call 800.586.5555