What are economic damages?

How Are Economic Damages Calculated?

Economic damages are meant to cover all financial losses related to your case. Though there is no strict rule in place for adding up the total, the losses must be verifiable. Medical bills, receipts, insurance statements, pay stubs, and other supporting documentation are easy to obtain and assign value. Other expenses such as future lost earning capacity may require occupational expert assistance to come up with an accurate number.

Remember, any expense associated with your cause of action qualifies as an economic loss. Travel costs to attend medical appointments and physical therapy, prescription medication, missed bonuses, mental health treatment, household services to help you do chores you no longer can perform- all fall under the umbrella of economic damages. There are no limits to your claim for monetary losses in a personal injury case.

Your lawyers at Valiente Mott are an invaluable piece of this puzzle. You can count on us to reveal costs you may not have considered, obtain documentation you may have lost, and find the experts needed to establish future losses both medical and professional.

Valiente Mott Can Help Recover Your Losses

Economic damages can be obtained in a settlement or in a trial verdict rendered by a judge or a jury. Valiente Mott has a proud record of personal injury outcomes in Nevada and Utah. Our sterling reputation is a testament to how hard we fight for our clients, both in court and at the negotiating table.

State statutes of limitation act as a deadline for you to file a personal injury lawsuit. If you were injured due to negligence, please reach out to Valiente Mott today for a complimentary consultation. We take no fee unless we recover compensation on your behalf.