ECONOMIC DAMAGES IN A PROVO, UTAH CAR ACCIDENT

CALL/TXT PROVO, UT CAR ACCIDENT LAWYER JAKE GUNTER. LET HIS 20 YEARS OF EXPERIENCE WORK FOR YOU.

What Type of Economic Damages can I Claim in My Provo, UT Car Accident? CALL/TXT PROVO, UT CAR ACCIDENT LAWYER JAKE GUNTER. LET HIS 20 YEARS OF EXPERIENCE WORK FOR YOU.
In Utah car accident injury cases there are two types of damages. Property damage and bodily injuries.

Within bodily injury the jury can award you money compensation for economic damages or non-economic damages. Economic damages are precisely calculable. Non-economic damages make the person whole and are not subject to any rigid calculation method.

Common Provo, UT Car Accident Economic Damages Are:

(1). Past Medical Bills. Your past medical bills for your Utah Valley Hospital ER visit and the Gold Cross Ambulance are examples of past medical bills. Your visit to your family practice doctor, who then refers you to the physical therapist are all recoverable past medical bills.
RULE: The rule for recovering past medical bills are that the medical billing must be reasonable medical billing. Generally you need an expert witness acquainted with what reasonable medical bill looks like in the community, or the clinic’s medical biller or provider will all suffice. There are other evidentiary ways to prove past medical bills as being reasonable medical billing, but is past the scope of this article.

(2). Future Medical Bills. Like past medical bills, future medical bills are also recoverable. CALL/TXT PROVO, UT CAR ACCIDENT LAWYER JAKE GUNTER. LET HIS 20 YEARS OF EXPERIENCE WORK FOR YOU.
RULE: Often you will need an economist to reduce future medical billing to present rates. An MRI today may cost $1,500, but in 20 years an MRI may cost $2,900. An economist is often required to reduce the future value of future medical bills to present value for the jury to understand. The need for future medical bills and medical treatment must be mapped out by a medical provider. You can’t just say you need a future surgery.

(3). Past Lost Wages. Every time you miss work to go to physical therapy that is a lost wage. If you were in the hospital for five days after the car collision missing work, those are all recoverable past lost wages.
RULE: Someone must testify to what your current wage is. You as the injured person can testify to earning hourly, salary, or on commission and missing work time.

(4). Future Lost Wages. Future lost wages tend to be minimal. Future lost wages are just like past lost wages, but anticipate missing future work.

(5). Future Lost Earning Capacity. Lost wages are the little brother of future lost earning capacity. Future lost earning capacity can be huge. Lost earning capacity is simply the capturing of an income stream that is impaired because of your injuries over your working life.CALL/TXT PROVO, UT CAR ACCIDENT LAWYER JAKE GUNTER. LET HIS 20 YEARS OF EXPERIENCE WORK FOR YOU.

Example: A hand surgeon was involved in a Provo, UT car collision on Provo Center Street. His hands were severely injured where he can’t operate any more. His surgeon salary was $600,000 per year, where now he works in psychiatry making $250,000 per year. He was 42 years old at the time of the collision.

CALL/TXT PROVO, UT CAR ACCIDENT LAWYER JAKE GUNTER (801) 373-6345 FOR A FREE CONSULATION