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Types of Personal Injury Compensation

You could be entitled to compensation if you suffered an injury due to negligence or the wrongdoing of another party. Contact a personal injury lawyer near you to find out more about the damages you may be entitled to.

In personal injury cases, there are two types of damages that can occur in the form of economic and non-economic. This article will examine these categories and explain how they may impact the amount of compensation you are entitled to receive.

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.

Often, these types of damages can be extremely costly particularly in the case of serious injuries. This is due to the fact that they require intensive treatment. After recovering, patients may need to pay for mobility equipment or prescription medications.

These expenses can quickly add up This is why it is essential to keep receipts. These receipts will help you determine the true cost of your losses, and also increase the value of your compensation.

Other types of economic damages in personal injury cases comprise lost wages and future income. This is due to the fact that a victim could be in a position of no work for months, weeks or even years following an accident. In this scenario the award of compensation must reflect the amount the victim would have earned had they not been unable to work.

If someone is disabled or a family member passes away due to an accident, the victim may be entitled to damages for the services they received in life. This could include nursing, home health care and physical therapy in addition to other services.

Many people require help doing the things that they used to do before their accident. These could include household chores, driving, taking care of the outdoor, and taking care of the family member who is dependent.

In these cases, an attorney may be able to provide receipts, bills, and other proof of the value of these items. They may also hire experts to testify regarding the value of these damages.

These damages may be valued differently based on the specific needs of the victim and the circumstances surrounding the incident. A jury will usually consider numerous factors when determining damages.

Examples of these damages could include:

Pain and suffering

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

Emotional distress

This type of damages is targeted at redressing the emotional strain that an accident causes to a victim. It can include things like depression, anxiety, and loss of enjoyment in life.

Disfigurement

A person who is injured and is permanently damaged as a result of an accident could be eligible for this. It can be very costly because many people require procedures and other treatments in order to correct or remove the disfigurements.

Loss of companionship and loss of consortium

The purpose of this award is to compensate the loss of a loved one because of the accident. This is especially crucial for victims who have children or dependents.

The awarding of non-economic damages are a distinct part of the legal system, distinct from economic damages, and is much rarer. While they can have an additional burden of proof and are more difficult to prove, non-economic damages are generally more difficult to determine and are not subject to the same restrictions as economic damages.

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