Types of Personal Injury Compensation

If you've suffered an injury as a result of an individual's negligence or wrongdoing or wrongdoing, you may be entitled to compensation. Speak with a personal injury lawyer near you to learn more about the damages you may be entitled to.

There are two major types of damages that may be awarded in personal injury lawsuits including economic and non-economic damages. This article will look at these categories and explain how they could impact the amount of compensation you are entitled to receive.

Economic Damages

If a person is injured in an accident, they may be entitled to economic damages. These damages could include medical expenses, lost earnings and property damage.

These types of damages can often be very costly, especially if there are serious injuries. This is because they require intensive treatment. As they recover, victims may have to pay for mobility equipment or prescription medications.

These expenses can quickly mount up It is therefore essential to keep receipts. These receipts will help you determine the true amount of your losses as well as increase the value of your compensation.

In personal injury lawsuit injury cases, lost wages and future income are common types of economic losses. This is because a victim may be in a position of no work for weeks, months or even years after an accident. In this case the award of compensation must reflect the amount the victim could have made if they weren't disabled from working.

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

Many people require help to complete the tasks they used to do before their accident. These include household chores, driving a car or taking care of the environment, and taking care of the family member who is dependent.

In these instances the attorney might be capable of providing receipts, bills and other proof of the cost of these items. They may also employ experts to testify regarding the value of these damages.

The value of these damages could vary significantly based on the circumstances of the accident and the specific needs of the victim. A jury typically takes into consideration various factors when determining damages.

Some examples of these damages might include:

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

This is typically given to those who are victims of serious accidents who suffer emotional or physical injuries due to the accident. The awards can be small (a few dollars for suffering) or substantial (millions in the event of wrongful death).

Emotional distress

This type of damages is targeted at redressing the emotional trauma that an injury causes a victim. This includes anxiety, depression and a loss of pleasure.

Disfigurement

This could be given to an injured person who has suffered permanent disfigurement due to the accident. It is a costly procedure because many people require surgeries and other treatments to fix or remove disfigurements.

Loss of companionship and consortium

This damages award is meant to pay for the loss of the loved one in the event of an accident. This is especially important for victims who have dependents or children.

Non-economic damages are a distinct part the legal system from economic damages and is much less common. While they are subject to a higher burden of proof and are more difficult to prove, non-economic damages are generally more difficult to value and are not subject to the same restrictions as economic damages.