Types of Personal Injury Compensation
If you've suffered an injury due to another party's negligence or wrongdoing you could be entitled to compensation. Learn about the types of damages you may be awarded by speaking to a
personal injury attorney near you.
In
personal injury lawyers injuries there are two kinds of damages that can occur in the form of economic and non-economic. This article will go over these two categories and explain how they can affect the amount you're entitled to for compensation.
Economic Damages
A person could be entitled to financial compensation after being injured in an accident. These damages can include medical expenses, lost earnings and property damage.
These types of damage can often be very expensive, especially when there are serious injuries. This is because they will require intensive treatment. In addition to hospitalization, patients may have to pay for prescription medication and mobility aids as they recover.
These expenses can mount up quickly, and it is essential to keep receipts for them. These receipts will allow you to determine the true value of your losses and increase your compensation.
Other forms of economic damages in
Personal Injury Law Firms injury cases comprise lost wages and future income. This is because a victim might be out of work for weeks, months or even years following an accident. In these instances the victim must receive the amount they would have received if they could have worked.
If a person is disabled or a family member passes away as the result of an accident, the victim may be eligible to receive damages for services provided to the living. These services include home health, nursing, and physical therapy.
Many people also require help doing the things that they used to do before their accident. This could include household chores, driving a vehicle, taking care of the outdoors, and taking care of someone in the family who is dependent.
In these cases, an attorney may be capable of providing receipts, bills and other evidence of the cost of these items. They can also hire experts to testify on the value of these damages.
These damages can be valued different based on the particular requirements of the victim as well as the circumstances that led to the accident. A jury will typically consider several factors when determining the amount of damages.
These damages could include:
The two most painful things that happen in life are suffering and pain
This award is typically given to victims of serious accidents who have suffered physical or emotional injuries as a consequence of the accident. The awards can be minor (a few dollars for suffering) or even substantial (millions in the event of wrongful death).
Emotional distress
The type of damages mentioned above is aimed at compensating the emotional strain that an injury can cause to the victim. This includes depression, anxiety and loss of enjoyment.
Disfigurement
An injured person who is permanently damaged due to an accident could be eligible for this. This can be costly since many require surgery and other procedures to correct or eliminate disfigurements.
Loss of companionship and consortium
This damages award is meant to pay for the loss of the loved one as a result of the accident. This is particularly important if the victim has children or other dependents.
Non-economic damages are a distinct part of the legal system apart as is economic damage, and are far less frequent. Non-economic damages may be subject to a higher burden of evidence, but they are generally more difficult to assess than economic damages, and they are not restricted by the same rules.