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Types of Personal Injury Compensation

You could be entitled to compensation if you were injured due to the negligence or wrongdoing of a third person. Learn more about the types of damages you can receive by speaking with a personal injury attorney near you.

There are two main categories of damages that can be given in personal injury law firms injury cases: economic and non-economic damages. This article will look at these categories and explain how they may impact the amount of compensation you're entitled to receive.

Economic Damages

A person may 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 are often very expensive, particularly if there are serious injuries. This is due to the fact that they require intensive treatment. As they heal, victims may need to pay for prescription medication or mobility equipment.

These expenses can quickly mount up, so it is important to keep receipts. These receipts will help you determine the true worth of your losses and increase your compensation.

In personal injury cases, lost wages and future income are common kinds of economic loss. This is due to the fact that victims could be out-of-work for a period of weeks, months and even years following an accident. In these situations the victim is entitled to the amount they would have received if they had been able to work.

If someone is disabled or a family member passes away in the aftermath of an accident, the victim may be able to claim damages for services related to life. These include home health, nursing and physical therapy.

Many people require help with the same duties they did before their accident. These could include household chores, driving a vehicle and taking care of the outdoors, and even providing care for someone in the family who is dependent.

An attorney might be able to provide receipts or bills, as well as other evidence to prove the cost of these items in these cases. They may also hire experts to testify regarding the worth of these damages.

The amount of damages awarded can be determined different based on the particular needs of the victim and the circumstances surrounding the incident. A jury will typically consider various factors when determining damages.

Examples of these damage could include:

Pain and suffering

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

Emotional distress

This type of damage compensates victims for emotional stress caused by an injury. It covers things like anxiety, depression and a loss of pleasure in life.

Disfigurement

An injured person who is permanently damaged as a result of an accident may be eligible for this. This can be very expensive as many people require surgery and other treatments to treat or remove disfigurements.

Loss of friendship and consortium

This damages award is intended to pay for the loss of the loved one due to the loss. This is particularly crucial if the victim has children or other dependents.

Non-economic damages are an independent part the legal system from economic damages and is much less common. Non-economic damages can be subject to a higher burden of evidence, but they are usually more difficult to quantify than economic damages and aren't subject to the same limitations as economic damages.