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How Much Compensation Can You Get From A Lyft Accident Claim?

April 3, 2022 by Gabe

When you find yourself in a Lyft accident, you may wonder how much compensation you can get for your damages. Some of the damages are straightforward and easy to calculate, such as medical bills and property damage. However, the others may not be tangible, such as pain and suffering. A Lyft accident lawyer in Jersey City can help you determine the full extent of your damages.

Each Lyft accident claim in Jersey City is different from the other. Your compensation amount depends on the unique facts of your case. Insurance companies consider various factors before deciding how much your claim is worth.

Factors that determine your compensation

1. The extent of your injuries.

The more severe your injuries are, the more compensation you get in the form of medical expenses. Medical expenses include:

  • Your treatment costs.
  • Medications.
  • Future treatment.
  • In-home care.
  • Hospital parking ticket costs.
  • Travel expenses to the doctor.

A person suffering from a brain injury will likely receive more medical compensation than someone with one broken bone.

2. Lost wages.

Lost wages refer to the amount of salary or wages you lose during the time when you could not attend work due to your medical treatment. If your accident forced you to take unpaid leave from your work, you are entitled to lost wages. Other benefits like paid vacation, bonuses, etc., also come under lost wages.

3. Future costs.

Future costs mainly include future medical treatments and future lost wages. If your injuries are such that they may require treatment again, then you can ask for compensation. If you had lost your ability to return to work or return to the same job you were working before you got into the accident, the liable party is responsible for paying for your future lost wages or loss of earning capacity.

However, these damages are quite challenging to calculate as they have not occurred yet. Your attorney may hire an expert witness to determine a fair value.

4. Pain and suffering.

Pain and suffering are the physical and emotional distress that one is forced to endure as a result of an accident. These go beyond medical expenses and are calculated separately. This is one of the most difficult damages to calculate. But, the longer you remain in the recovery process, the more the compensation is.

5. Lost opportunities and experiences.

Many people forget to think about the damages of lost opportunities and experiences. For example, if the accident forced you to miss an important business meeting that would have benefited your career had you attended it. Or, perhaps you missed the funeral of a loved one. All of these could be added to your compensation.

To read more on topics like this, check out the Money category

Filed Under: Money

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About Us

Hi Everyone! Welcome to Ericulous… I’m the owner and writer Gabe. Read More…

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