Types of Personal Injury Compensation

If you've suffered an injury due to another party's negligence or wrongdoing You may be entitled to compensation. Talk to an attorney who specializes in personal injury lawsuit injury near you to find out more about the damages you could receive.

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

Economic Damages

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

Most of the time, these types of damages can be extremely costly especially in the case of serious injuries. This is due to the fact that they require intensive treatment. In addition to hospitalization, the victims might need to pay for prescription drugs and mobility aids as they recover.

These expenses can quickly mount up and it is crucial to keep receipts. These receipts will help you prove the true worth of your losses and increase your compensation.

In personal injury cases, the loss of wages and future earnings are the most common kinds of economic loss. This is due to the fact that the victim may be without work for a period of months, weeks, or years after an accident. In these cases, the victim should receive the amount they would have earned if could have worked.

If a person is disabled or someone in the family dies as the result of an accident, the victim may be able to claim damages for services related to life. These could include nursing home care, home health care and physical therapy in addition to other services.

Many people need assistance with the same tasks they did prior to their accident. This includes house chores, driving a car, caring for the outdoors and caring for a dependent family member.

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

The value of these damages could vary greatly based on the circumstances surrounding the accident and the specific needs of the victim. A jury typically takes into consideration many factors when awarding economic damages.

These damages could include:

The two most painful things in life are pain and suffering.

This is usually awarded to victims of severe accidents who suffer emotional or physical injuries as a result of the accident. These awards can be very small (a few dollars for suffering) or large (millions in the case of wrongful death).

Emotional distress

This type of damages compensates victims for emotional stress caused by an injury. It includes things like depression, anxiety, and loss of enjoyment in daily life.

Disfigurement

A person who is injured and has suffered permanent damage as a result of an accident may be eligible for this. It can be very costly since many people require surgery and personal injury lawsuits other treatments to fix or remove disfigurements.

Loss of companionship and consortium

The purpose of this damages award is to pay for the loss of loved ones due to the loss. This is especially important if the victim has children or other dependents.

Non-economic damages are a separate part of the legal system that is distinct from economic damages and is significantly less common. Although they may have the burden of proof higher, non-economic damages are usually more difficult to determine and are not subject to the same restrictions as economic damages.