Types of Personal Injury Compensation
If you suffered an injury because of another party's negligence or wrongdoing you could be entitled to compensation. Talk to a personal injury lawyer near you to learn more about the damages you may be entitled to.
In personal injury cases there are two kinds of damages that can occur that are non-economic and economic. This article will examine the two categories and explain how they can affect the amount you can claim for compensation.
Economic Damages
When a person is injured in an accident, they may be entitled to compensation for their losses. These can include medical expenses loss of wages, property damage.
In most cases, these types damages can be extremely expensive especially in the case of serious injuries. Since they require intensive medical treatment. In addition to hospitalization, victims might need to pay for prescription drugs and mobility equipment as they recover.
These expenses can mount up quickly, which is why it's crucial to keep receipts for them. Having these receipts can help you establish the true value of your losses as well as increase the value of your compensation.
In personal injury cases earnings and future income are among the most common forms of economic damage. This is due to the fact that the victim may be out of work for weeks, months, or years after an accident. In these instances, the victim should receive the amount they would have received if they were able to work.
If someone is disabled or an individual in the family dies due to an accident, the victim may be eligible to receive damages for services related to life. These services include nursing, home health, and physical therapy.
Many people also need assistance in the activities they did prior to their accident. This includes house chores, driving a car, caring for the outdoors as well as taking care of the family member who is dependent.
An attorney might 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 on the worth of these damages.
These damages are valued differently based on the specific requirements of the victim as well as the circumstances that led to the accident. A jury will typically examine a range of factors when making an economic damages award.
These damages could include:
Pain and suffering
It is usually awarded to victims of severe accidents who have suffered physical or emotional injuries as a result of the accident. The awards can range from relatively minor (a couple of dollars for suffering and pain) to huge amounts of money (millions of dollars in a wrongful-death case).
Emotional distress
This kind of compensation compensates victims for emotional trauma caused by an injury. This includes depression, anxiety and a loss of enjoyment.
Disfigurement
This can be given to the person who has been injured and has suffered permanent disfigurement by the accident. personal injury lawsuit reading can be costly since many people require surgery and other treatments to correct or eliminate the disfigurements.
Loss of the consortium and companionship
The damages award is intended to pay for the loss of a loved one in the event of an accident. This is especially relevant for victims who have dependents or children.
The awarding of non-economic damages is an independent part of the legal system from economic damages, and is much rarer. Non-economic damages may be subject to a higher burden of proof, but they are generally more difficult to assess than economic damages and are not restricted by the same rules.