Types of Personal Injury Compensation

You could be eligible for compensation if were injured due to negligence or wrongdoing of another party. Talk to an attorney for personal injuries near you to find out more about the damages you may be entitled to.

There are two major kinds of damages that could be awarded in personal injury lawsuits including economic and non-economic damages. This article will examine the two categories and explain how they affect the amount that you are entitled to 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.

These kinds of damages can be extremely costly, especially if there are serious injuries. Because they require an extensive medical treatment. When they recover, patients may require prescription medication or mobility equipment.

These expenses can mount up quickly, which is why it is important to keep receipts of them. These receipts can help you determine the true worth of your losses and personal injury lawsuits increase your compensation.

Other types of economic damages in personal injury cases are loss of earnings and future income. The reason for this is that victims can be out of work for a number of months, weeks and even years following an accident. In this scenario, the compensation award should reflect the amount that the victim could have earned if they were not incapable of working.

If someone is disabled or a family member passes away due to an accident, the victim may be entitled to damages for services provided to the living. These can include nursing, home health, and physical therapy services and many more.

Many people require assistance with the same duties they did before their accident. These may include household chores, driving, taking care of the outdoors, and assisting an individual in the family who is dependent.

In these cases, an attorney may be capable of providing receipts, bills, and other proof of the cost of these items. They can also engage experts to testify regarding the worth of these damages.

These damages can be valued differently based upon the specific needs of the victim and the circumstances that led to the incident. A jury will typically take into consideration a variety of factors when determining an award of economic damages.

These damages could include:

Pain and suffering

This is typically given to those who have suffered from severe accidents who have suffered physical or emotional injuries due to the accident. The awards can be minor (a few dollars for suffering) or huge (millions in a case of wrongful death).

Emotional distress

The type of damages mentioned above is targeted at redressing the emotional stress that an accident causes to a victim. It includes things like anxiety, depression, and loss of enjoyment in life.

Disfigurement

A person who is injured and is permanently damaged as a result of an accident can receive this. It is a costly procedure since many people require surgery and other treatments to correct or remove the disfigurements.

The loss of companionship and the consortium

The damages award is intended to pay for the loss of someone you love because of the accident. This is especially relevant for victims who have children or dependents.

Non-economic damages are an independent part of the legal system that is distinct from economic damages and is far less frequent. Non-economic damages may be subject to a higher burden of proof, but they are generally more difficult to value than economic damages, and personal injury lawsuits are not subject to the same limitations as economic damages.