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Key Factors About Compensatory Damages in Your Nassau Accident Claim

With more drivers on the road than ever before, the streets across New York State are a hectic place and car accidents are on the rise. While many sucH negligence related accidents might occur across the 5 boroughs, across Long Island and areas like Nassau County, it has led to a drastic increase in the number of personal injury car accident claims being filed as well. According to Mr. Joel Levine, one of the partners at Levine & Wiss, considered by many to be the Best Accident Lawyer Long Island has in practice, one of the main factors that has led to this rise is that victims are more educated on their rights than ever before. While in years past, oftentimes, victims of negligence related car accidents would settle for insurance settlements early on, with the help of personal injury experts like Levine & Wiss, they have been able to earn millions in compensatory damages. Compensatory damages in car accident claims refer to financial compensation awarded to the victim for their losses and expenses incurred as a result of the accident. While damages are somewhat consistent across most areas in the country, they do tend to differ from state to state. In this article, we will be going over a few vital factors you need to know about compensatory damages in Long Island.

What is the Purpose?

The purpose of compensatory damages is to restore the victim to their pre-accident condition, as much as possible, financially speaking. According to Mr. Levine, the top auto accident lawyer Long Island has in practice, compensatory damages during a claim will often drastically supersede what most insurance companies will offer you starting out. This is why its vital that victims of car accidents seek the assistance of an experienced personal injury firm like Levine & Wiss. The damages are intended to cover medical expenses, lost wages, property damage, and other costs related to the accident.

Types of Compensatory Damages

There are two types of compensatory damages: economic and non-economic damages. According to Mr. Levine, the top personal injury lawyer Long Island has to offer, economic damages cover out-of-pocket expenses, such as medical bills, lost wages, and property damage. Non-economic damages, on the other hand, compensate for intangible losses, such as pain and suffering, emotional distress, and loss of enjoyment of life. Depending on the specifics of your claim and what actually occurred during the accident and the aftermath, you could be in line for both economic and non-economic damages.

Proving Your Damages

This is a vital aspect of any personal injury claim, and the burden of proof is on the victim in any personal injury claim. In order to receive compensatory damages, the victim must prove that they suffered losses as a result of the accident, not as a result of any other incident or preexisting issues. This requires presenting evidence, such as medical records, pay stubs, and testimony from witnesses. At Levine & Wiss, Mr. Levine, the top auto accident lawyer Nassau County has in practice, will assist you from start to finish in gathering the needed evidence to prove your damages and win your case. Over the years, he and his team at Levine & Wiss have helped victims across Long Island to earn multiple million dollar settlements and they can do the same for you.

Limitations on Damages

There are limits on the amount of compensatory damages that can be awarded in a personal injury claim in Long Island. These limits vary depending on the type of damages and the specific circumstances of the case. For example, there may be a cap on non-economic damages or restrictions on the types of damages that can be recovered.

Calculating Damages

This can often be tricky during any personal injury claim. The amount of compensatory damages awarded in a personal injury claim is calculated based on the victim’s actual losses and expenses. This can include both past and future expenses, as well as compensation for intangible losses. An experienced personal injury attorney can help you calculate and pursue the maximum compensation possible in your case.

While auto accidents are unplanned and can often set victims back in a number of ways, financially or otherwise, the more educated a victim is the better their legal outcome will often be. This is why its important to understand these basics of compensatory damages, and most importantly, work with a skilled attorney, like the team at Levine & Wiss, to help guide you through your claim, and increase your chances of securing the compensation you deserve. For more information on claims or to get your case evaluated, be sure to contact Levine & Wiss today.