Types of Personal Injury Compensation

You could be eligible for compensation if you sustained an injury due to the negligence or wrongdoing of a third person. Talk to a personal injury lawyer near you to learn more about the potential damages you could be awarded.

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 two categories , and also explain how they impact the amount that you are entitled to for compensation.

Economic Damages

A person could be entitled to financial damages should they be injured in an accident. This could include medical expenses along with lost wages and property damage.

These types of damages are often very expensive, especially if they are serious injuries. This is because they will require extensive treatment. In addition to being hospitalized, victims might need to pay for prescription drugs and mobility equipment once they recover.

The cost of these expenses can be astronomical quickly, so it is important to keep receipts of them. These receipts can help you establish the true amount of your losses and increase the value of your compensation.

Other common forms of economic damages in personal Injury law Firms injury cases include lost wages and future earnings. This is due to the fact that victims could be out-of-work for months, weeks, and even years following an accident. In these cases the victim should be compensated the amount they would have received if they could have worked.

If someone is disabled or an individual in the family dies in the aftermath of an accident, the victim could be entitled to compensation for services provided to the living. These include nursing, home health and physical therapy.

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

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

The value of these damages may vary greatly based on the circumstances of the accident and the victim's specific needs. A jury is typically considering several factors when determining the amount of damages.

Some examples of these damage could include:

The two most painful things that happen in 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 pain and suffering) to huge amounts of money (millions of dollars in a wrongful death case).

Emotional distress

This kind of compensation compensates victims for emotional stress caused by an injury. This can include anxiety, depression and a loss of enjoyment.

Disfigurement

An injured person who has been permanently damaged by an accident may be eligible for this. This can be costly since many people require surgery or other treatments to correct or remove the disfigurements.

Loss of companionship or consortium

The damages award is intended to cover the loss of loved ones due to the accident. This is especially relevant for victims who have children or dependents.

The award of non-economic damages is an independent part of the legal system, distinct from economic damages, and it is much more rare. Non-economic damages can be subject to a higher burden of evidence, but they are usually more difficult to determine than economic damages and are not subject the same restrictions.