Types of Personal Injury Compensation

If you suffered an injury as a result of the negligence or misconduct of another party you could be entitled to compensation. Talk to a personal injury lawyer near you to learn more about the damages you could receive.

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

Economic Damages

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

These types of damages can often be very costly, especially if there are serious injuries. Because they require an extensive medical treatment. In addition to being hospitalized, victims may need to pay for prescription medicines and mobility equipment as they recover.

These expenses can add up quickly, so it is critical to keep receipts for them. Having these receipts can help you prove the true value of your losses, and also increase the value of your compensation.

Other types of economic damages in personal injury law firm injury cases involve loss of earnings and future income. The reason for this is that victims can be out of work for a period of weeks, months and even years after an accident. In these cases the victim must receive the amount they would have earned if they had been able to work.

If a person is disabled or the death of a family member occurs as the result of an accident, the victim could be eligible to receive damages for services related to life. These include home health, nursing and physical therapy.

Many people require help with the same duties they did prior to their accident. This could include household chores, driving a vehicle or taking care of the outdoor, and taking care of a dependent family member.

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

The amount of damages awarded can be determined different based on the particular requirements of the victim as well as the circumstances surrounding the incident. A jury will typically take into consideration a variety of factors when determining an economic damages award.

Some examples of these damages could be:

Pain and suffering

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

Emotional distress

The type of damages mentioned above is designed to compensate for the emotional stress that an accident causes to a victim. This includes depression, anxiety, and loss in enjoyment.

Disfigurement

A person who is injured and has suffered permanent damage as a result of an accident may be eligible for this. This can be costly because many people require surgeries and other treatments to fix or remove disfigurements.

Loss of companionship and loss of consortium

This damages award is meant to cover the loss of the loved one in the event of an accident. This is particularly crucial for those who have children or other dependents.

Non-economic damages are a distinct element of the legal system, distinct as is economic damage, and are far less frequent. While they may be subject to the burden of proof higher in the case of non-economic damages, they are more difficult to determine and are not subject to the same limitations as economic damages.