Types of Personal Injury Compensation

You could be qualified for compensation if sustained an injury due to the negligence or wrongdoing of a third person. Consult a personal injury lawyer near you to find out more about the potential damages you could be awarded.

In personal injuries there are two kinds of damages that can occur both economic and non-economic. This article will examine the two categories and explain how they affect the amount you're entitled to for compensation.

Economic Damages

If a person is injured in an accident, they may be entitled to financial compensation. These could include medical costs as well as lost wages and property damage.

In most cases, these types damages can be extremely costly especially in the event of serious injuries. This is because they require extensive treatment. When they recover, patients may need to pay for prescription medication or mobility equipment.

The cost of these expenses can be astronomical quickly, so it is essential to keep receipts for these expenses. These receipts will help prove the true value of your losses and increase your compensation.

In personal injury attorney injury cases, the loss of earnings and future income are common types of economic damages. This is due to the fact that victims could be out-of-work for weeks, months, or even years after an accident. In this situation the compensation amount should reflect the amount that the victim could have earned if they were not unable to work.

If someone is disabled or someone in the family dies due to an accident, the victim may be entitled to damages for life care services. This could include nursing, home health care and physical therapy and many more.

Many people also require help doing the things they did prior to their accident. This could include household chores, driving a car and taking care of the outdoors and assisting the family member who is dependent.

An attorney might be able to provide receipts bills, receipts, or other evidence to prove the cost of these items in these instances. They can also employ experts to testify regarding the value of these damages.

The value of these damages could vary greatly based on the circumstances surrounding the accident as well as the needs of the victim. A jury will usually consider many factors when awarding economic damages.

Examples of these damages could include:

The two most painful things in life are suffering and pain

This award is usually awarded to those injured in serious accidents who have suffered physical or emotional injuries as a consequence of the accident. These awards could be small (a few dollars for suffering) or huge (millions in a case of wrongful death).

Emotional distress

This type of damages compensates victims for emotional stress resulting from an injury. This includes anxiety, depression and a loss of enjoyment.

Disfigurement

This could be given to an injured person who is permanently damaged as a result of the accident. It is a costly procedure as many people require surgery or other treatments to correct or remove the disfigurements.

The loss of companionship and the consortium

This damages award is intended to compensate for the loss of loved ones as a result. This is particularly crucial in the case of children or other dependents.

Non-economic damages form a distinct part the legal system from economic damages and is significantly less common. While they may be subject to a higher burden of proof in the case of non-economic damages, they are more difficult to determine and are not subject to the same restrictions as economic damages.