After being involved in an accident, you may be forced to take some time off of work. However, failing to go to work doesn't amount to receiving a paycheck at the end of the month, regardless of whether your reason is valid or not; this amounts to lost wages. So, one of the questions that will come to your mind include, is it possible to recover lost wages after a car accident?
If another party caused the accident, you are eligible to recover lost wages after a car accident, which means you should go ahead and file a claim. You can demand compensation from all the parties that contributed to your injuries. Depending on your residence, it may be possible to recover both noneconomic and economic damages.
Since it is possible to recover lost wages after a car accident, the other question is how to get the most money from a car accident. You'll be reimbursed for wages, income, overtime, benefits, and other financial losses for economic damages should you settle out of court or win in court. It is up to your lawyer to point out all the areas relating to economic damages such that you can be compensated a significant amount of money. Here are a few other ways you can get reimbursed for wages lost.
Your car accident lawyer may require car insurance to cover lost wages. It’s essential to keep track of all wages lost. You can do this by contacting your HR department or the person that does payroll. Make sure to keep receipts of what you did when you missed work (doctor's appointment etc.), so you can trace that time lost back to the car accident or wherever the injury came from. Our car accident lawyers are here to help you through the entire process so you can focus on healing; contact us today.
Depending on who was driving, your car accident attorney might require the person driving or the person’s company to pay. For example, if the accident happened by a big-wheel truck, that trucking company might be required to pay extra for your missed work days.
As you determine how to get the most money from a car accident, you may be interested in learning more about how much vacation and sick days are worth. Nonetheless, you're eligible for paid time off as you recover from your injuries. Take advantage of such benefits before you recover lost wages after a car accident with the help of an attorney who can assist in filing the claim in court. You can be paid back for using personal time or vacation time.
Are you self-employed? Then you may be interested in determining whether you can recover lost wages after a car accident. Fortunately, you can recover lost income even if you're self-employed. The only issue is that you'll encounter some challenges are you try to prove your losses.
If you're looking for ways to get the most money from a car accident, you need to gather evidence and documents to showcase you have lost income and prove how much you have missed out in terms of income because of your injuries.
Self-employed individuals should gather the following documents in a bid to demonstrate their losses:
• 1099s and additional tax forms
• Federal income tax returns
• Proof of canceled appointments
• Bank account statements
• Proof of contracts
If you're not sure about where you should start, consult with a personal injury lawyer.
For starters, you have missed some time from work because of your accident, so your financial stability is on the line before you fully recover. Fortunately, you can be reimbursed for the economic losses you have incurred.
To recover lost wages, consult with a personal injury lawyer, who will help file an insurance claim. Now, consider what you should do to ensure you've compensated accordingly.
You'll face opposition from insurance companies and defendants as you seek compensation. For example, the insurer may not want to pay for the injuries. Instead, they want to limit the amount you can receive.
To demonstrate your injuries, you should:
The doctor will review all the medical records and ask relevant questions. They can also ask about your job description and assess whether the injuries you sustained will affect your ability to work.
Medical records help to supplement the statements by the doctor.
After establishing that an injury is preventing you from working, you need to present the following documents to prove that you missed work:
• Pay stubs
• Letter from your employer
• Income tax returns
• Pay stubs
• Overview of the employer benefit policy
• W-2s and other relevant tax forms
Whether you sustain permanent or temporary disability, a professional personal injury lawyer will ensure you're compensated accordingly.