Do you want compensation for the wages you lost during your time off work after sustaining an injury in a car accident? Look no further. This article is going to show you the factors you need to consider when demanding for lost wages from a car accident claim. You can attempt to recover lost wages by hiring a lawyer. The insurance company considers following factors when calculating the lost wages;
1) The Severity of the Injury
To claim lost wages, you must have sustained injuries that your doctor affirms can prevent you from working effectively. This therefore means that you have to present medical documentation that shows that you are unable to perform your daily tasks.
Jobs that require manual labor can be easier to prove in this type of claim as compared to other types of work. For example, if you work in a warehouse or production line, you can prove that you cannot stand for a long time or even lift a specific amount of weight.
However, if you have a desk job, it will be difficult to prove that your injuries are limiting your potential at work. It is very difficult to prove that a traumatic head injury is affecting your ability to perform office duties. In the long run, it is the doctor’s notes that will make the case.
2) Loss of Earning Potential
This refers to loss of ability to earn money in the future. If you sustained severe injuries in a car accident that reduces your ability to earn wages in the future, then you should seek the services of a personal injury lawyer. You can get compensation for your diminished capacity to earn in the future using the services of a highly experienced personal injury lawyer.
The insurance company will take into account your salary, raises and work life expectancy to calculate your loss of earning potential compensation
3) Your Salary
Your employer will have to reveal the amount you earn as salary to your insurance company before you are compensated for your lost wages. Your salary plays a very critical role in determining the amount of money you will receive as compensation. You can attempt to recover lost wages by hiring a lawyer.
Your insurer will calculate the amount of money you lost when you were off your job recuperating from the car accident. You should be discreet at this stage to avoid getting unsatisfactory compensation from the insurer.
4) The Duration When You Were off duty
Time is very critical when calculating lost wages claim. The insurer must know the number of working days that you missed because you were healing from injuries you sustained in a car accident. Your insurer will use these days to come up with a fair compensation following the wages you lost from car accident.
5) Your Age
Yeah, you got it right! Age is very important factor in calculating a lost wages claim. The older you are the more likely you are about to retire. Your insurer considers this factor as well your salary whenever they are compensating your losses at work as a result of an injury sustained from the car accident.
Lost wages compensation can be very challenging if you do not know the requirements needed. some people end up losing their jobs because of the disabilities they sustained during the car accident. Hiring an experienced personal injury lawyer can help you get a fair compensation for the lost wages.