Thoughts

Protecting Your Earnings After An Accident

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If you have been injured in an accident and it was not your fault, it can be incredibly unfortunate. You find yourself worrying when your next pay cheque is going to come in, especially if you are self-employed. You may even have treatment expenses too. With that being said, read on to discover more about making a claim and protecting your earnings after an accident.

When making an accident claim, compensation will be split into two different parts. Firstly, you will receive general damages, which is designed to compensate you for your injury and suffering. However, aside from this you also have special damages, which is designed to compensate you for any out of pocket expenses you have incurred as a result of the incident. Let’s take a look at some examples…

  • Prescription and treatment costs – Have you had to pay for medication or treatment? If so, you will be able to claim for this.
    Counselling costs – A lot of people have to go through counselling after suffering from an incident that has been traumatic. If this applies to you, you will be able to claim for the cost of counselling when making your accident claim.
    Loss of income – Unfortunately a lot of people find themselves in a position where they are not able to work. Not everyone is covered by sick pay in such instances. However, the good news is that loss of income actually counts as a special damage.
    Travel expenses – Have you had to sort out alternative transportation whilst you recover? Have you had to spend money on parking at the hospital? All of this counts as travel expenses and can be claimed for.
    Repair costs – Last but not least, the final example of special damages in relation to road traffic accidents is repair costs. This can be the cost of repairing your car, motorbike, bike or anything else.

If you have been involved in any type of accident, there are a number of things you should do to increase your chances of securing the maximum amount of compensation available. This will include a sum for loss of income.

These steps are as follows…

1. Make sure you see a medical professional after the incident

A lot of people make the mistake of thinking they can make an accident claim without seeing a doctor. No matter how minor your injury may seem, it is vital to be checked out by a medical professional. Your medical report is going to be the most important piece of evidence when building your case. It will state the extent of your injuries and the treatment received, which will then help to determine how much compensation you get.

2. Make your claim as quickly as possible

The sooner you claim the better! There are several reasons why this is the case. Firstly, you have a time limit to contend with. This is three years from the date of the incident and court proceedings must be issued within this period. Moreover, the longer you leave it the more difficult it will be to remember important details and to get witness statements.

3. Use a No Win, No Fee solicitor

There are lots of benefits to be gained by using a No Win, No Fee solicitor. You will not need any money to start your accident claim and financial risk is eliminated significantly thanks to the unique payment structure. This ensures that a solicitor will only take on your case if they believe you have a strong chance of getting compensation. Get information here on how to find the best solicitor for your case specifically.

4. Gather evidence

It is vital to gather as much evidence as possible. If you have been involved in a road traffic accident for example, you should take pictures of any damage to your vehicle and the street. You should also get witness contact details, as their statements will help to strengthen your case.

5. Keep proof of expenses

Have you suffered any costs because of your injury? This could be anything from prescription expenses, to loss of income, to counseling costs. Make sure you keep proof of all of these, as you will be able to claim for them as special damages. In terms of loss of income, you are not only going to be compensated for the money you have already lost, but any future loss of earnings too. This will be calculated based on the amount you currently make combined with your future earning potential.

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