Types of Personal Injury Compensation

You could be entitled to compensation if you suffered an injury as a result of the negligence or wrongdoing of a third person. Consult a personal injury lawyer near you to learn more about the damages you could receive.

In personal injury cases, there are two types of damages that could occur: non-economic and economic. This article will go over these two categories , and also explain how they impact the amount you are entitled for compensation.

Economic Damages

A person could be entitled to financial compensation should they be injured in an accident. These may include medical bills, lost wages, and property damage.

In most cases, these types injuries can be quite costly particularly in the case of serious injuries. This is because they will require extensive treatment. In addition to hospitalization, the victims could be required to pay for prescription drugs and mobility equipment once they recover.

These expenses can quickly add up It is therefore essential to keep receipts. Having these receipts can help you prove the true value of your losses and boost the value of your compensation.

In personal injury cases, loss of earnings and future earnings are the most common kinds of economic loss. The reason for personal injury lawyer this is that victims can be out-of-work for weeks, months, and even years following an accident. In these cases the victim is entitled to the amount they could have earned if they were able to work.

If a person is disabled or an individual in the family dies due to an accident, the victim may be entitled to compensation for services provided to the living. These could include nursing, home health, and physical therapy services as well as other services.

Many people also need assistance in the activities they did prior to their accident. This could include household chores, driving and taking care of the environment, and providing childcare for a dependent family member.

In these instances, an attorney may be able to provide receipts, bills and other proof of the value of these items. They can also hire experts to testify about the worth of these damages.

The amount of these damages can differ greatly based on the circumstances surrounding the accident as well as the needs of the victim. A jury will typically consider a wide range of factors when making an award for economic damages.

Examples of these damages could include:

Pain and suffering

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

Emotional distress

This kind of compensation compensates victims for emotional stress resulting from an injury. It covers things like anxiety, depression, and loss of enjoyment in everyday life.

Disfigurement

A person who is injured and is permanently damaged due to an accident may be eligible for this. This can be costly since many people require surgery or other treatments to correct or remove disfigurements.

Loss of companionship and consortium

This damages award is intended to provide compensation for the loss suffered by loved ones due to the loss. This is particularly relevant when the victim has children or other dependents.

The award of non-economic damages is a distinct part of the legal system that is distinct from economic damages, and it is much rarer. Non-economic damages can be subject to a higher burden of proof, but they are often more difficult to assess than economic damages, and they are not subject to the same limitations as economic damages.