Types of Personal Injury Compensation

If you've suffered an injury because of another party's negligence or wrongdoing or wrongdoing, you may be entitled to compensation. Contact 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 can be awarded in personal injury lawsuits: economic and non-economic damages. This article will examine the two categories and explain how they can affect the amount you can claim for compensation.

Economic Damages

If someone is injured in an accident, they may be entitled to financial compensation. These could include medical costs, lost wages, and property damage.

These kinds of injuries are often very expensive, particularly if there are serious injuries. They will require extensive medical attention. In addition to being hospitalized, victims could be required to pay for prescription medicines and mobility equipment while they recover.

The cost of these expenses can be astronomical quickly, which is why it is critical to keep receipts for them. Receipts from these expenses will allow you to prove the true cost of your losses, and also increase the value of your compensation.

In personal injury lawsuit injury cases, lost earnings and future income are common kinds of economic loss. This is due to the fact that victims could be out of work for a number of months, weeks and even years after an accident. In this situation the compensation awarded must reflect the amount the victim would have earned had they not been in a position to work.

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

Many people also require help to complete the tasks they used to do before their accident. These could include household chores, driving a car or taking care of the outdoor, and even providing care for a dependent family member.

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

These damages may be valued differently based upon the specific needs of the victim and the circumstances that led to the incident. Typically, a jury will examine a range of factors when making an economic damages award.

These damages could include:

Pain and suffering

This award is usually given to those injured in serious accidents who have suffered physical or emotional injuries as a consequence of the accident. The awards can range from relatively small (a few dollars for suffering and pain) to huge sums of money (millions of dollars in a wrongful death lawsuit).

Emotional distress

This kind of damages are targeted at redressing the emotional stress that an injury can cause to the victim. It includes things like depression, anxiety and a loss of enjoyment in everyday life.

Disfigurement

A person who is injured and is permanently damaged due to an accident may be eligible for this. It is a costly procedure as many people require procedures and other treatments in order to repair or remove disfigurements.

The loss of companionship and the consortium

The damages award is intended to pay for the loss of someone you love because of the accident. This is especially important for victims who have children or dependents.

Non-economic damages form a distinct part of the legal system apart in comparison to economic damages and are much less common. Non-economic damages can be subject to a greater burden of proof, however they are usually more difficult to assess than economic damages and are not restricted by the same rules.