Types of Personal Injury Compensation

You may be qualified for compensation if suffered an injury due to negligence or the wrongdoing of another person. Consult a Personal injury Law firm injury lawyer near you to find out more about the possible damages you can receive.

There are two primary types of damages that may be awarded in personal injury lawsuits that are non-economic and economic damages. This article will discuss the two categories and explain how they impact the amount you can claim for compensation.

Economic Damages

A person could be entitled to financial damages when they are injured in an accident. This could include medical expenses along with lost wages and property damage.

These kinds of injuries are often very expensive, particularly if there are serious injuries. This is because they will require intensive treatment. As they heal, victims might need to pay for mobility equipment or prescription medications.

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

In personal injury cases, the loss of earnings and future income are among the most common types of economic losses. This is due to the fact that a victim could be not working for weeks, months or even years following an accident. In this scenario the compensation amount must reflect the amount the victim would have earned had they not been in a position to work.

If someone is disabled or the death of a family member occurs as the result of an accident, the victim could be able to claim damages for the services they received in life. These include home health care, nursing, and physical therapy services as well as other services.

Many people need assistance with the same duties they had prior to their accident. This includes household chores, driving a car and caring for the outdoor and taking care of the family member who is dependent.

In these cases the attorney might be able to provide receipts, bills, and other proof of the cost of these items. They may also hire experts to testify to the worth of these damages.

The amount of damages awarded can be determined different based on the particular needs of the victim and the circumstances surrounding the incident. A jury will typically consider numerous factors when determining damages.

These damages could include:

Pain and suffering

This award is typically given to those injured in serious accidents who have suffered emotional or physical injuries as a result of the accident. These awards can range from relatively small (a few dollars for suffering and pain) to massive sums of money (millions of dollars in a wrongful death lawsuit).

Emotional distress

This type of damages compensates victims of emotional stress that is caused by an injury. It includes things like anxiety, depression and personal injury law Firm a loss of enjoyment in everyday life.

Disfigurement

This can be given to someone who is permanently damaged by the accident. It is costly as many require surgery and other treatments to correct or eliminate disfigurements.

Loss of the consortium and companionship

The purpose of this award is to compensate the loss of a loved one as a result of the accident. This is especially important when the victim has children or other dependents.

Non-economic damages are an independent part of the legal system that is distinct from economic damages and is much less common. Although they may have the burden of proof higher, non-economic damages are usually more difficult to determine and are not subject to the same limitations as economic damages.