Suffering a personal injury after an accident in Missouri can place you in a difficult position. Your immediate concern should be to get the medical care that you need. However, in the back of most people’s minds is the cost of this treatment. At the same time, you may have other out of pocket expenses, such as a car repair bill or lost wages due to missing time at work.
However, the impact of a personal injury can stretch far beyond economic losses. Many people find that the emotional impact of the event is just as serious a consequence of an accident as their monetary costs.
Thankfully, the law in Missouri allows you to seek compensation for both economic and non-economic losses. In addition, with rare exceptions, there is no limit to the level of compensation that you can demand from at-fault people, businesses, and insurance companies. The team at the Wegmann Law Firm is ready to explore how an event has changed your life and fight for the compensation you deserve.
Economic Losses Following Missouri Personal Injuries
The clearest and most visible impact of personal injury accidents in Missouri is the economic losses that people endure. This is the direct financial harm that a person suffers because of the incident.
The most obvious is the medical bills associated with a person making their best recovery. This can include:
- An ambulance ride
- ER care
- Surgery
- Rehabilitation costs
- Medications
- Prosthetics
While a person’s own insurance company may cover a portion of these costs in incidents that occur on the road, an at-fault party and their insurance company are responsible for all remaining bills.
Economic losses can also take the form of property damage, such as the costs to repair a vehicle. They can also include lost wages from time missed at work to make a recovery or attend medical appointments. These economic losses form the core of any personal injury case and proving them is a requirement in any demand for compensation.
Non-Economic Losses
While economic losses form the basis for a personal injury claim, these events will usually impact victims in other ways. It is a rare person who suffers a personal injury and does not experience the trauma and suffering that accompanies it.
Most people who endure a personal injury after an accident will demand compensation in the form of non-economic losses. These demands evaluate the way that the event has changed their mental health and overall quality of life.
However, it can be difficult to prove these concepts when talking with insurance companies or bringing a case to court. Ideas like pain and suffering will not appear on medical records, and it can be a complex calculation to place a monetary value on these experiences. The legal team at the Wegmann Law Firm is ready to explore the full impact of an accident on a person’s life and place an accurate value on every case. They also act quickly with the knowledge that Missouri Revised Statute § 516.120 gives some people only five years from the date of an accident to demand compensation.
Speak with the Team at the Wegmann Law Firm Now to Learn More about the Types of Damages in Personal Injury Accidents in Missouri
Every person who suffers an injury due to the negligence of another deserves the full compensation that they need to make things right. But what exactly does this mean? The fact is that you can demand compensation for your direct, economic losses as well as the ways that the event has changed your quality of life.
Placing an accurate value on a case is a vital part of obtaining fair compensation. The lawyers at the Wegmann Law Firm are ready to explain how damages work in Missouri personal injury cases and seek out the payments you deserve. Contact them now to hear more.
