Types of Personal Injury Compensation
You may be qualified for compensation if suffered an injury due to negligence or wrongdoing of another party. Consult an attorney for personal injuries near you to find out more about the damages you may be entitled to.
In personal injuries, there are two types of damages that can be sustained that are non-economic and economic. This article will examine the two categories and explain how they impact the amount that you are entitled to for compensation.
Economic Damages
A person could be entitled to financial compensation when they are injured in an accident. These damages can include medical expenses, lost earnings and property damage.
These kinds of damages can often be very costly, especially if there are serious injuries. This is because they require intensive treatment. In addition to hospitalization, victims might need to pay for prescription medications and mobility aids as they recover.
These costs can quickly accumulate, so it is important to keep receipts. Having these receipts will help you determine the true amount of your losses, and also increase the value of your compensation.
Other common types of economic damages in personal injury cases are lost wages and future income. This is because a victim may be in a position of no work for months, weeks, or years after an accident. In these cases the victim is entitled to the amount they could have earned if they could have worked.
If a person is disabled or an individual in the family dies due to an accident, the victim may be eligible to receive damages for life care services. These include nursing, home health, and physical therapy.
Many people need assistance with the same duties they did before their accident. This could include household chores, driving, taking care of the outdoors and assisting the family member who is dependent.
In these situations an attorney might be in a position to provide receipts, bills and other evidence of the cost of these items. personal injury lawsuit high point can also engage experts to testify on the value of these damages.
These damages may be valued differently based on the specific needs of the victim and the circumstances surrounding the accident. A jury will typically consider a wide range of factors when determining an award of economic damages.
These damages could include:
Pain and suffering
This award is usually awarded to those injured in serious accidents who are suffering 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 case).
Emotional distress
This kind of damages are intended to alleviate the emotional trauma that an accident causes to a victim. This includes anxiety, depression, and loss in enjoyment.
Disfigurement
A person who is injured and is permanently damaged due to an accident may be eligible for this. It is costly as many people require surgery and other treatments to correct or eliminate the disfigurements.
Loss of companionship and consortium
This damages award is meant to compensate the loss of someone you love because of the accident. This is particularly important for those who have dependents or children.
The awarding of non-economic damages is a separate part of the legal system that is distinct from economic damages, and it is more rare. Non-economic damages may be subject to a greater burden of proof, but they are typically more difficult to determine than economic damages, and are not restricted by the same rules.