Types of Personal Injury Compensation

If you've been injured due to an individual's negligence or wrongdoing you could be entitled to compensation. Contact an attorney who specializes in personal Injury lawsuit injury near you to learn more about the possible damages you can receive.

There are two major types of damages that may be awarded in personal injury lawsuits: economic and non-economic damages. This article will go over these categories and discuss how they may impact the amount of compensation you are legally entitled to.

Economic Damages

A person could be entitled to financial damages when they are injured in an accident. These can include medical expenses loss of wages, property damage.

These kinds of injuries can be extremely expensive, especially when there are serious injuries. This is due to the fact that they require extensive treatment. In addition to hospitalization, patients may have to pay for prescription medications and mobility aids as they recover.

These expenses can quickly add up This is why it is essential to keep receipts. Receipts from these expenses will help you determine the true value of your losses, and also increase the value of your compensation.

Other common types of economic damages in personal injury cases comprise lost wages and future earnings. This is because victims may be out of work for months, weeks, or even for years following an accident. In this situation the compensation amount must reflect the amount the victim would have earned if they were not incapable of working.

A person who is disabled or has lost a loved one as a result of an accident could be entitled to damages for life-care services. These can include home health care, nursing and physical therapy, among others.

Many people require assistance in the same areas they had prior to their accident. These could include household chores, driving a car as well as taking care of the outdoors and even providing care for a dependent family member.

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

The value of these damages may 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.

These damages can include:

The two most painful things in this world are suffering and pain

This award is usually awarded to victims of serious accidents who are suffering physical or emotional injuries as a consequence of the accident. The awards can range from minor (a few dollars for suffering and pain) to massive sums 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 can include things like depression, anxiety and a loss of enjoyment in life.

Disfigurement

This could be given to someone who is injured and has suffered permanent disfigurement due to the accident. This can be costly since many require surgery and other treatments to correct or remove imperfections.

Loss of friendship and consortium

This damages award is intended to provide compensation for the loss suffered by a loved person due to the loss. This is especially important for victims who have dependents or children.

The award of non-economic damages is a separate part of the legal system that is distinct from economic damages, and it is more rare. While they may be subject to a higher burden of evidence however, non-economic damages are typically more difficult to quantify and are not subject to the same limitations as economic damages.