Types of Personal Injury Compensation

You could be eligible for compensation if you suffered an injury due to inattention or wrongdoing by another person. Consult an attorney for personal injuries near you to learn more about the damages you may be entitled to.

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 explore these two categories and discuss how they impact the amount you can claim for compensation.

Economic Damages

If someone is injured in an accident, they could be entitled for financial damages. These may include medical bills loss of wages, property damage.

Often, these types of injuries can be quite costly particularly in the case of serious injuries. This is because they require intensive treatment. As they recover, victims may need to pay for mobility equipment or prescription medications.

These expenses can mount up quickly, and it is essential to keep receipts for them. The receipts you keep can help you establish the true amount of your losses, and also increase the value of your compensation.

In personal injury cases, loss of earnings and future income are typical kinds of economic loss. This is due to the fact that victims could be out-of-work for a number of months, weeks or even years after an accident. In these situations the victim should be compensated the amount they could have earned if they were able to work.

If someone is disabled or a family member passes away due to an accident, personal injury lawsuits the victim may be entitled to damages for services related to life. These include nursing home care, home health care and physical therapy as well as other services.

Many people also require help to complete the tasks they did prior to their accident. These include house chores, driving a car, caring for the outdoors as well as taking care of a dependent family member.

An attorney might be able to provide receipts and bills or other evidence to show the value of these items in these cases. They may also hire experts to testify regarding the value of these damages.

The value of these damages could vary significantly based on the circumstances surrounding the accident as well as the particular needs of the victim. In general, juries consider a wide range of factors when making an award of economic damages.

Some examples of these damages might include:

Pain and suffering

It is usually given to those who are victims of serious accidents who have suffered emotional or physical injuries as a result of the accident. The awards can range from small (a few dollars for pain and suffering) to huge sums of money (millions of dollars in a wrongful death lawsuit).

Emotional distress

This type of damage compensates victims for emotional trauma caused by an injury. This can include anxiety, depression, and loss in enjoyment.

Disfigurement

An injured person who is permanently damaged as a result of an accident could be eligible for this. It can be very costly as many people require surgeries and other treatments to treat or remove disfigurements.

Loss of companionship and consortium

The purpose of this award is to provide compensation for the loss suffered by the loved one as a result. This is particularly crucial in the case of children or other dependents.

The awarding of non-economic damages is an independent part of the legal system as opposed to economic damages, and it is more difficult to obtain. While they may be subject to a higher burden of proof and are more difficult to prove, non-economic damages are generally more difficult to assess and personal injury lawsuits are not subject to the same limitations as economic damages.