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Types of Personal Injury Compensation

If you suffered an injury due to another party's negligence or wrongdoing, you may be entitled to compensation. Consult an attorney who specializes in personal injury near you to find out more about the damages you may be entitled to.

There are two major types of damages that can be awarded in personal injury lawsuits: economic and non-economic damages. This article will go over these categories and explain how they can impact the amount of compensation you're entitled to recover.

Economic Damages

A person may be entitled to financial damages after being injured in an accident. These can include medical expenses, lost wages, and property damage.

Often, these types of injuries can be quite costly especially in the case of serious injuries. This is due to the fact that they require intensive treatment. As they heal, victims might need to pay for mobility equipment or prescription medications.

These expenses can add up quickly, so it is essential to keep receipts for them. These receipts will allow you to establish the value of your losses as well as increase your compensation.

In personal injury cases, the loss of earnings and future income are typical kinds of economic loss. This is because the victim could be out of work for a period of weeks, months and even years following an accident. In this instance the compensation amount must reflect the amount the victim would have earned if they were not disabled from working.

A person who is disabled or lost a loved one due to an accident could be entitled to damages for life-care services. These can include nursing, home health and physical therapy in addition to other services.

Many people require assistance with the same tasks they had prior to their accident. These include household chores, driving a car and taking care of the environment, and assisting someone in the family who is dependent.

An attorney could be able to provide receipts and bills or other evidence to prove the value of these items in these cases. They may also engage experts to testify to the worth of these damages.

These damages may be valued different based on the particular needs of the victim and the circumstances surrounding the accident. A jury is typically considering many factors when awarding economic damages.

These damages can include:

The two most painful things that happen in life are suffering and pain

It is usually awarded to victims of severe accidents who have suffered physical or emotional injuries as a result of the accident. These awards could be minor (a few dollars for suffering) or large (millions in the event of wrongful death).

Emotional distress

This kind of compensation compensates victims of emotional stress that is caused by an injury. It includes things like anxiety, depression and loss of enjoyment in daily life.

Disfigurement

This could be given to an injured person who has been permanently disfigured by the accident. This can be costly as many people require surgery or other treatments to correct or eliminate the disfigurements.

Loss of the consortium and companionship

The purpose of this award is to compensate for the loss of the loved one as a result of the accident. This is especially crucial for those who have dependents or children.

The award of non-economic damages is an independent part of the legal system, distinct from economic damages, and is more difficult to obtain. Non-economic damages can be subject to a greater burden of proof, but they are often more difficult to value than economic damages and are not subject to the same restrictions as economic damages.