Types of Personal Injury Compensation

You could be entitled to compensation if you sustained an injury due to the negligence or wrongdoing of a third party. Learn about the types of damages you may be awarded by speaking to a personal injury lawsuit injury attorney near you.

There are two major kinds of damages that could be awarded in personal injury lawsuits which are economic and non-economic damages. This article will discuss these two categories and discuss how they affect the amount you are entitled for compensation.

Economic Damages

When a person is injured in an accident, they may be entitled to financial compensation. This could include medical expenses along with lost wages and property damage.

These kinds of damages are often very expensive, especially if they are serious injuries. Because they will require an extensive medical treatment. As they recover, victims may need to pay for mobility equipment or personal injury lawsuit prescription medications.

The cost of these expenses can be astronomical quickly, which is why it's important to keep receipts of them. These receipts can help you prove the true value of your losses, and also increase the value of your compensation.

Other types of economic damages in Personal injury lawsuit injury cases are lost wages and future earnings. This is because a victim might be in a position of no work for weeks, months, or years after an accident. In these situations the victim should be compensated the amount they could have earned if they were able to work.

A person who is disabled or has lost loved ones because of an accident may be entitled to damages for life-care services. These include home health, nursing and physical therapy.

Many people also require assistance doing the things that they did prior to their accident. These include household chores driving a vehicle taking care of the outdoors, and providing care for family members who are dependent.

An attorney could be able to provide receipts bills, receipts, or other evidence to demonstrate the value of these items in these instances. They may also hire experts to testify regarding the worth of these damages.

The amount of these damages may vary widely depending on the circumstances of the accident and the specific needs of the victim. A jury will typically consider a wide range of factors when making an economic damages award.

Some examples of these damage could include:

Pain and suffering

This award is usually awarded to those who have suffered serious injuries who suffer physical or personal injury lawsuit emotional injuries as a result of the accident. The awards can range from relatively small (a few dollars for suffering and pain) to huge amounts 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. This includes depression, anxiety and a loss of pleasure.

Disfigurement

A person who is injured and is permanently damaged due to an accident could be eligible for this. This can be costly since many people require surgery and other procedures to correct or remove the disfigurements.

Loss of companionship or consortium

The purpose of this award is to pay for the loss of the loved one in the event of an accident. This is especially important for those who have children or other dependents.

Non-economic damages are a distinct part the legal system from economic damage and is significantly less common. While they are subject to the burden of proof higher however, non-economic damages are typically more difficult to assess and are not subject to the same limitations as economic damages.