Compensation for Car Accidents

Car Accident Compensation

Reno Car Accident Injury Attorney

Recovering financial compensation is the primary goal in a car accident insurance claim or lawsuit. After all, an accident of this kind can cause serious injuries, financial losses and property damage. A victim may be left wondering how to pay for medical bills, car repairs, a rental car and even day-to-day expenses. As the bills pile up, a fair settlement or award may be a victim's only chance of rebuilding.

Financial compensation may be recovered through the at-fault driver's auto insurance policy or from other sources. A skilled attorney can determine not only the value of a car accident victim's claim but can determine any and all parties that can be held accountable for monetary damages. At Shook & Stone, we handle car, truck and motorcycle accident claims and lawsuits for clients throughout Reno, Carson City and the surrounding areas in Nevada. We pursue maximum compensation in every case we take on in order to help our clients seek justice and get the financial support they need to move on with their lives.

Economic vs. Non-Economic Damages

Car accident compensation can be divided into two primary categories: economic damages and non-economic damages. The first, economic damages, is typically fairly straightforward because it involves quantifiable financial losses and expenses. The second, however, can be complex because it involves intangible losses such as emotional trauma or pain and suffering. A Reno car accident attorney at our firm can offer experienced guidance in pursuing both types of compensation.

Economic Damages
Such losses or expenses as medical bills, physical therapy, medication, ongoing treatment, lost earnings and future loss of earnings are considered economic damages. Though easier to quantify than non-economic damages, there are still various complex issues that may arise when calculating and recovering economic damages. Our attorneys utilize the skills of medical professionals, economists and other professionals to determine and then prove the full value of economic damages we believe a client should receive after a car accident.

Non-Economic Damages
Calculating non-economic damages can be a challenge, as these involve losses or injuries that are not easily put into financial values. This may include pain and suffering, loss of companionship and emotional trauma. With our experience in car accident cases, however, our lawyers can work to prove what losses our client has suffered in order to seek fair compensation.

There is a third type of compensation that is only awarded in a select few car accident cases. These are referred to as punitive damages and are awarded as punishment to an at-fault party. In the realm of personal injury law and car accidents, punitive damages usually only apply if a party has acted with wanton disregard for the safety of others. We can determine whether you may be entitled to punitive damages by reviewing the specific circumstances surrounding your case.

Recovering the Fair Value of Your Claim: Reno Car Accident Lawyer

Recovering fair compensation can make all the difference as you work on moving on after a car accident. Unfortunately, this is not always an easy task. Insurance companies may offer unfairly low settlements to try to protect their bottom line. They may deny or delay payment of claims or may try to lay the blame of an accident on another party so they are not responsible for paying damages. Rather than getting the run-around by the insurance company or being blamed for an accident you did not cause, work with a lawyer who can protect your interests. With more than 85 years of combined experience, we at Shook & Stone stand prepared to offer the level of counsel you need in the wake of an auto accident in Reno, Carson City or the surrounding communities. Contact our offices today.

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