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Types of Personal Injury Compensation

If you've been injured as a result of an individual's negligence or wrongdoing, you may be entitled to compensation. Find out the kinds of damages you could get by speaking with an attorney for personal injury law firm injury near you.

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

Economic Damages

A person could be entitled to financial damages if they are injured in an accident. These damages could include medical expenses, lost earnings and property damage.

These kinds of injuries can be extremely expensive, especially if they are serious injuries. This is because they require extensive treatment. In addition to hospitalization, the victims may have to pay for prescription medication and mobility equipment while they recover.

These expenses can quickly mount up It is therefore essential to keep receipts. Receipts from these expenses can help you establish the true amount of your losses and increase the value of your compensation.

In personal injury cases, lost wages and future earnings are the most common types of economic losses. The reason for this is that victims can be out-of-work for a period of weeks, months and even years following an accident. In these situations, the victim should receive the amount they could have earned if they had been able to work.

A victim who is disabled or has lost loved ones due to an accident may be entitled to compensation for life-care services. These include nursing, home health, and physical therapy.

Many people need assistance with the same duties they did prior to their accident. These include house chores, driving a vehicle as well as caring for the environment, and providing care for the dependent family member.

In these cases, an attorney may be in a position to provide receipts, Personal injury lawsuits bills, and other proof of the value of these items. They can also hire experts to testify to the value of these damages.

These damages are valued differently based upon the specific requirements of the victim as well as the circumstances surrounding the incident. A jury will usually consider several factors when determining the amount of damages.

Examples of these damages might include:

Pain and suffering

It is usually granted to victims of serious accidents who have suffered physical or emotional injuries as a result of the accident. These awards can range from small (a couple of dollars for pain and suffering) to massive sums of money (millions of dollars in a wrongful death case).

Emotional distress

This kind of damage is aimed at compensating the emotional stress that an injury can cause a victim. It covers things like depression, anxiety, and loss of enjoyment in everyday life.

Disfigurement

This can be given to someone who has suffered permanent disfigurement because of the accident. This can be costly as many people require surgery and other procedures to correct or eliminate disfigurements.

Loss of companionship and loss of consortium

This damages award is intended to provide compensation for the loss suffered by loved ones due to the loss. This is particularly relevant if the victim has children or other dependents.

Non-economic damages form a distinct part the legal system from economic damage and is more rare. Although they may have an additional burden of proof, non-economic damages are usually more difficult to quantify and are not subject to the same limitations as economic damages.