Christel Premo asked 2 months ago
Types of Personal Injury Compensation
You may be eligible for compensation if suffered an injury due to the negligence or wrongdoing of a third party. Learn more about the types of damages you can be awarded by speaking to a personal injury attorney near you.
In personal injury law firms injury cases there are two kinds of damages that may occur that are non-economic and economic. This article will explore these two categories and explain how they impact the amount you’re entitled to for compensation.
Economic Damages
When a person is injured in an accident, they could be entitled to economic damages. These could include medical costs, lost wages, and property damage.
These types of damage can often be very costly, especially if there are serious injuries. Because they require intensive medical treatment. In addition to hospitalization, victims may have to pay for prescription medication and mobility aids as they recover.
These expenses can quickly mount up, so it is important to keep receipts. These receipts will allow you to demonstrate the true worth of your losses and increase your compensation.
In personal injury cases, lost wages and future earnings are the most common kinds of economic loss. This is because a victim may be without work for a period of weeks, months or even years after an accident. In this scenario the compensation amount must reflect the amount the victim would have earned if they were not unable to work.
If a person is disabled or a family member passes away in the aftermath of an accident, the victim could be entitled to damages for services provided to the living. These include home health care, nursing and physical therapy in addition to other services.
Many people also need assistance to complete the tasks they did prior to their accident. This includes household chores, driving a vehicle, caring for the outdoors as well as taking care of the dependent family member.
In these situations the attorney might be able to provide receipts, bills and other evidence of the cost of these items. They may also hire experts to testify regarding the value of these damages.
These damages may be valued differently depending on the specific needs of the victim and the circumstances surrounding the accident. Typically, a jury will consider a wide range of factors when making an award for economic damages.
Some examples of these damages could be:
Pain and suffering
This is typically given to those who are victims of serious 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 huge (millions in the event of wrongful death).
Emotional distress
This type of damages compensates victims of emotional stress that is caused by an injury. It covers things like depression, anxiety, and loss of enjoyment in life.
Disfigurement
An injured person who is permanently damaged due to an accident may receive this. It is a costly procedure, as many people need surgeries and other treatments to treat or remove disfigurements.
Loss of companionship or consortium
The damages award is intended to pay for the loss of someone you love in the event of an accident. This is especially important when the victim has children or other dependents.
The awarding of non-economic damages is a distinct part of the legal system from economic damages, and is much more rare. Non-economic damages can be subject to a greater burden of proof, however they are generally more difficult to value than economic damages and aren’t subject to the same limitations as economic damages.