Types of Personal Injury Compensation

You could be eligible for compensation if suffered an injury as a result of the negligence or wrongdoing of a third party. Find out the kinds of damages that you can get by speaking with a personal injury attorney near you.

There are two main types of damages that can be awarded in personal injury lawsuits which are economic and non-economic damages. This article will look at these categories and show how they might affect the amount of compensation you're entitled to receive.

Economic Damages

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

These kinds of injuries are often very expensive, especially when there are serious injuries. This is because they require extensive treatment. In addition to hospitalization, the victims might need to pay for prescription drugs and mobility aids as they recover.

These expenses can quickly mount up, so it is important to keep receipts. These receipts will help establish the value of your losses as well as increase your compensation.

In personal injury lawsuit 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 weeks, months or even years following an accident. In this situation, the compensation award should reflect the amount that the victim could have made if they weren't incapable of working.

If a person is disabled or the death of a family member occurs as the result of an accident, the victim may be eligible to receive damages for the services they received in life. These include nursing home care, home health care and physical therapy in addition to other services.

Many people also require assistance in the activities they used to do before their accident. This includes house chores, driving a car, caring for the outdoors and caring for family members who are dependent.

In these instances an attorney might be capable of providing receipts, bills and other proof of the cost of these items. They may also hire experts to testify to the worth of these damages.

These damages can be valued different based on the particular requirements of the victim as well as the circumstances that led to the incident. A jury is typically considering several factors when determining the amount of damages.

Examples of these damage could include:

Pain and suffering

This is typically given to those who are victims of serious accidents who have suffered physical or emotional injuries due to the accident. These awards can range from relatively minor (a small amount of money for pain and suffering) to massive amounts of money (millions of dollars in a case of wrongful death).

Emotional distress

This type of damages is intended to alleviate the emotional trauma that an injury can cause to the victim. This can include anxiety, depression, and loss in enjoyment.

Disfigurement

This is a gift to the person who has been injured and is permanently damaged due to the accident. This can be costly as many require surgery and other treatments to correct or remove disfigurements.

Loss of consortium and companionship

This damages award is intended to compensate for the loss of a loved person as a result. This is particularly important for those who have children or other dependents.

Non-economic damages are an independent part the legal system from economic damage and is more rare. Although they may have a higher burden of proof in the case of non-economic damages, they are more difficult to assess and are not subject to the same limitations as economic damages.