Types of Personal Injury Compensation

You may be qualified for compensation if suffered an injury as a result of inattention or wrongdoing by another person. Consult a personal injury law firm injury lawyer near you to find out more about the damages you could receive.

There are two main types of damages that may be given in personal injury attorney injury cases including economic and non-economic damages. This article will examine these two categories , and also explain how they can affect the amount you are entitled for compensation.

Economic Damages

A person could be entitled to financial compensation should they be injured in an accident. These could include medical costs as well as lost wages and property damage.

Often, these kinds of damage can be very costly especially in the case of serious injuries. This is due to the fact that they require extensive treatment. In addition to being hospitalized, victims may need to pay for prescription medicines and mobility equipment as they recover.

These expenses can quickly grow, personal injury law firms so it is important to keep receipts. These receipts will help you establish the value of your losses and increase your compensation.

In personal injury Law Firms injury cases, lost wages and future earnings are the most common types of economic losses. This is because a victim might be in a position of no work for weeks, months or even years after an accident. In this scenario the award of compensation must reflect the amount the victim could have earned if they were not incapable of working.

If a person is disabled or the death of a family member occurs due to an accident, the victim may be entitled to compensation for the services they received in life. These can include nursing, home health and physical therapy, among others.

Many people require assistance in the same areas they did prior to their accident. This includes house chores, driving a car as well as caring for the environment and taking care of a dependent family member.

In these instances an attorney may be competent to provide receipts and bills, and other proof of the cost of these items. They can also hire experts to testify to the value of these damages.

These damages can be valued different based on the particular needs of the victim and the circumstances surrounding the incident. A jury will typically consider a wide range of factors when determining an award for economic damages.

Some examples of these damages could include:

Pain and suffering

The award is typically awarded to victims of serious accidents who suffer physical or emotional injuries as a consequence of the accident. The awards can range from small (a small amount of money for pain and suffering) to huge amounts of money (millions of dollars in a wrongful-death case).

Emotional distress

This type of damages compensates victims for emotional trauma caused by an injury. It includes things like depression, anxiety and loss of enjoyment in daily life.

Disfigurement

It can be given to someone who has suffered permanent disfigurement by the accident. This can be costly since many people require surgery and other treatments to correct or remove imperfections.

Loss of companionship or consortium

The purpose of this award is to pay for the loss of loved ones due to the loss. This is especially important in the case of children or other dependents.

The award of non-economic damages are a distinct part of the legal system that is distinct from economic damages, and it is more rare. While they are subject to a higher burden of evidence, non-economic damages are usually more difficult to determine and are not subject to the same restrictions as economic damages.