Types of Personal Injury Compensation

You may be eligible for compensation if were injured due to negligence or the wrongdoing of another party. Find out about the kinds of damages that you can be awarded by speaking to a personal injury attorney near you.

In personal injury law firms injuries there are two kinds of damages that could occur both economic and non-economic. This article will look at these categories and discuss how they can impact the amount of compensation you're entitled to.

Economic Damages

A person may be entitled to financial damages should they be injured in an accident. These damages can include medical expenses, lost earnings and property damage.

In most cases, these types damages can be extremely expensive especially in the event of serious injuries. Because they require an extensive medical treatment. In addition to hospitalization, patients could be required to pay for prescription medication and mobility equipment as they recover.

These expenses can quickly grow and it is crucial to keep receipts. Receipts from these expenses can help you establish the true cost of your losses as well as increase the value of your compensation.

Other common forms of economic damages in personal injury cases are lost wages and future earnings. This is because victims may be out-of-work for weeks, months, and even years after an accident. In these cases the victim must receive the amount they would have earned if could have worked.

A person who is disabled or lost loved ones as a result of an accident could be entitled to damages for life-care services. This could include nursing, home health and physical therapy and many more.

Many people need assistance with the same tasks that they did prior to their accident. These include house chores, driving a vehicle and caring for the outdoor and caring for the family member who is dependent.

An attorney may be able provide receipts, bills, or other evidence to demonstrate the value of these items in these instances. They may also hire experts to testify to the value of these damages.

The value of these damages can differ greatly based on the circumstances surrounding the accident as well as the specific needs of the victim. A jury typically takes into consideration several factors when determining the amount of damages.

Examples of these damage could include:

The two most painful aspects of life are suffering and pain

This award is typically given to those who have suffered serious injuries who suffer physical or emotional injuries as a consequence of the accident. The awards can range from small (a couple of dollars for suffering and pain) to massive amounts of money (millions of dollars in a wrongful-death case).

Emotional distress

This kind of compensation compensates victims for emotional trauma caused by an injury. It covers things like depression, anxiety and a loss of pleasure in everyday life.

Disfigurement

It can be given to someone who is injured and is permanently damaged by the accident. It can be expensive as many people require surgery and other procedures to correct or eliminate imperfections.

The loss of companionship and the consortium

This damages award is meant to cover the loss of someone you love due to the accident. This is especially relevant for those who have children or dependents.

Non-economic damages are a distinct part the legal system from economic damage and is much less common. Non-economic damages may be subject to a greater burden of evidence, but they are usually more difficult to quantify than economic damages, and are not subject the same restrictions.