Types of Personal Injury Compensation

You could be entitled to compensation if you suffered an injury due to the negligence or wrongdoing of a third party. Consult a personal injury lawyer near you to learn more about the potential damages you could be awarded.

There are two main types of damages that can be awarded in personal injury lawsuits: economic and non-economic damages. This article will examine these categories and explain how they could impact the amount of compensation you're entitled to recover.

Economic Damages

When a person is injured in an accident, they could be entitled to compensation for their losses. These damages can include medical expenses, lost earnings, and property damage.

Often, these kinds of injuries can be quite costly especially in the event of serious injuries. This is because they require intensive treatment. In addition to hospitalization, patients might need to pay for prescription medication and mobility equipment as they recover.

These expenses can mount up quickly, so it is critical to keep receipts for them. These receipts will allow you to prove the true worth of your losses and increase your compensation.

In personal injury cases, loss of earnings and future income are common kinds of economic loss. This is because a victim may be without work for a period of months, Law weeks or even years after an accident. In this situation, the compensation award should reflect the amount that the victim would have earned if they had not been disabled from working.

A victim who is disabled or has lost loved ones because of an accident may be entitled to damages for life-care services. These include home health care, nursing and physical therapy and many more.

Many people need assistance with the same tasks that they had prior to their accident. These include house chores, driving a vehicle as well as caring for the environment, and providing care for the family member who is dependent.

An attorney could be able to provide receipts and bills or other evidence to show the value of these items in these instances. They can also engage experts to testify on the worth of these damages.

The value of these damages may vary greatly based on the circumstances surrounding the accident , as well as the particular needs of the victim. A jury will typically consider a wide range of factors when determining an award of economic damages.

Some examples of these damages might include:

Pain and suffering

The award is typically awarded to victims of serious accidents who have suffered emotional or physical injuries as a consequence of the accident. The awards can range from relatively small (a couple of dollars for pain and suffering) to huge sums of money (millions of dollars in a wrongful death lawsuit).

Emotional distress

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

Disfigurement

This is a gift to someone who is injured and is permanently damaged as a result of the accident. This can be costly, as many people need surgery or other treatments to repair or remove disfigurements.

Loss of companionship or consortium

This damages award is designed to pay for the loss of someone you love as a result. This is particularly important in the case of children or other dependents.

Non-economic damages form a distinct part of the legal system that is distinct as is economic damage, and are more rare. While they can have the burden of proof higher in the case of non-economic damages, they are more difficult to determine and are not subject to the same restrictions as economic damages.