Recoverable Damages After a Florence Car Accident

As one of the fastest-growing cities in the state, Florence is experiencing an increase in traffic along with population. Unfortunately, this also means an increase in car accidents, including those involving injuries. Those who are injured in Florence car accidents typically have insurance resources to cover their expenses, including their personal injury protection or other policy coverages, as well as liability coverage from another driver’s auto insurance coverage.

In the legal arena, damages refer to compensation for harm. Recovering damages means successfully receiving this compensation either through a settlement agreement with the insurance company servicing a relevant policy or through a court verdict if the insurance company refuses to pay and a lawsuit must be filed. Here is a look at the recoverable damages after a Florence car accident that you can seek with the help of a trusted car accident attorney.

Economic Damages

Economic damages compensate for out-of-pocket costs incurred due to a car accident caused by another driver’s negligence. Medical treatment for injuries is a primary source of these expenses after a Florence car accident. Lost wages from being unable to work due to injury are another common financial loss. In cases where the accident causes permanent disabilities such as paralysis, the injured person may seek compensation for lost earning capacity.

Economic damages may also cover damage to the injured party’s vehicle and other personal property, the cost of hiring help for personal or household tasks, and home modifications needed to accommodate injuries, such as roll-in showers, widened doorways, and lowered counters. Recovery of these damages can involve personal injury protection, uninsured/underinsured motorist coverage, or a third-party liability claim.

Non-Economic Damages

Not all injury-related costs are economic. Car accident injuries often cause psychological impacts, such as pain and suffering or loss of enjoyment of life. Compensation for these impacts is known as non-economic damages. Since these damages do not have a specific monetary value, an experienced accident lawyer typically calculates them based on factors such as the severity of the injuries, available insurance coverage, and the degree of the at-fault party’s negligence.

Personal injury protection does not cover non-economic damages after a Florence car accident. However, this type of compensation may involve a claim against other coverage held by the injured party or a claim against the insurance of another party involved in the accident.

Punitive Damages

In Florence car accident lawsuits, a jury may also award punitive damages. These damages punish the defendant for extreme negligence rather than compensate for the injury’s expenses or impacts. There is no cap on the amount of punitive damages a court can award.

Discuss Your Recoverable Damages After a Car Accident in Florence

An experienced car accident lawyer provides valuable services, including assessing the claim’s value to account for all recoverable damages after a Florence car accident. At Busald Funk Zevely, we take an aggressive approach when dealing with insurance companies that may delay or deny claims to avoid fair compensation.

Contact us for a free case evaluation to discuss your recoverable damages after a car accident and how we can help you secure the compensation you deserve.