Types of Personal Injury Compensation

You could be entitled to compensation if you were injured due to inattention or wrongdoing by another party. Consult an attorney for personal injuries near you to find out more about the possible damages you can receive.

There are two major types of damages that can be awarded in personal injury lawsuits including economic and non-economic damages. This article will go over the two categories and explain how they affect the amount you can claim for compensation.

Economic Damages

If someone is injured in an accident, they may be entitled for financial damages. These may include medical bills along with lost wages and property damage.

In most cases, these types damage can be very costly especially in the case of serious injuries. Since they require an extensive medical treatment. As they heal, victims might need to pay for prescription medication or mobility equipment.

The cost of these expenses can be astronomical quickly, which is why it's critical to keep receipts for these expenses. These receipts will allow you to demonstrate the true value of your losses as well as increase your compensation.

Other common types of economic damages in personal injury cases involve loss of earnings and future earnings. This is due to the fact that a victim could be in a position of no work for weeks, months, or years after an accident. In this situation, the compensation award must reflect the amount the victim would have made if they weren't disabled from working.

If a person is disabled or the death of a family member occurs due to an accident, the victim could be entitled to compensation for services provided to the living. These services include home health, nursing and physical therapy.

Many people need assistance with the same tasks they had prior to their accident. These include house chores, driving a vehicle taking care of the outdoors and caring for the family member who is dependent.

An attorney might be able to provide receipts bills, receipts, or other evidence to prove the value of these items in these cases. They can also hire experts to testify to the worth of these damages.

The value of these damages may vary greatly based on the circumstances surrounding the accident and personal injury lawsuits the needs of the victim. A jury will typically consider numerous factors when determining damages.

These damages can include:

The two most painful aspects of life are pain and suffering.

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

Emotional distress

The type of damages mentioned above is intended to alleviate the emotional stress an injury causes a victim. It covers things like anxiety, depression, and loss of enjoyment in everyday life.

Disfigurement

This could be given to the person who has been injured and is permanently damaged by the accident. It can be expensive as many people require surgery and other treatments to correct or remove disfigurements.

Loss of consortium and companionship

The purpose of this damages award is to provide compensation for the loss suffered by the loved one due to the loss. This is especially crucial for victims who have dependents or children.

The awarding of non-economic damages is an independent part of the legal system, distinct from economic damages, and is much rarer. Non-economic damages may be subject to a greater burden of proof, but they are generally more difficult to value than economic damages and aren't subject the same restrictions.