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Types of Personal Injury Compensation

You may be qualified for compensation if sustained an injury due to negligence or the wrongdoing of another person. Learn more about the types of damages you can be awarded by speaking to an attorney who handles personal injury lawsuits injury cases near you.

There are two major kinds of damages that could be awarded in personal injury lawsuits: economic and non-economic damages. This article will look at these categories and show how they could impact the amount of compensation you're entitled to receive.

Economic Damages

If someone is injured in an accident, they may be entitled to financial compensation. These damages can include medical expenses, lost earnings, and property damage.

These types of damages can be expensive, especially if they are serious injuries. Since they require extensive medical treatment. In addition to being hospitalized, victims may need to pay for prescription medications and mobility equipment once they recover.

These expenses can quickly add up It is therefore essential to keep receipts. These receipts will help you demonstrate the true worth of your losses and increase your compensation.

In personal injury cases, the loss of wages and future income are typical kinds of economic loss. This is because a victim may be not working for weeks, months, or years after an accident. In this scenario the compensation awarded should reflect the amount that the victim could have made if they weren't incapable of working.

If a person is disabled or the death of a family member occurs in the aftermath of an accident, the victim could be entitled to compensation for services provided to the living. These could include home health care, nursing, and physical therapy services as well as other services.

Many people also require assistance to complete the tasks they did prior to their accident. These include household chores, driving a car or taking care of the environment, and even providing care for the family member who is dependent.

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

These damages can be valued differently based upon the specific needs of the victim and the circumstances surrounding the incident. A jury typically takes into consideration many factors when awarding economic damages.

Some examples of these damages might include:

Pain and suffering

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

Emotional distress

This kind of damage is designed to compensate for the emotional trauma that an injury can cause a victim. It includes things like anxiety, depression and loss of enjoyment in daily life.

Disfigurement

An injured person who has suffered permanent damage as a result of an accident may be eligible for this. This can be costly, as many people need procedures and other treatments in order to fix or remove disfigurements.

Loss of companionship and loss of consortium

The purpose of this award is to help compensate for the loss of someone you love due to the loss. This is especially important for victims who have children or dependents.

Non-economic damages are an independent part of the legal system that is distinct as is economic damage, and are far less frequent. While they are subject to a higher burden of proof, non-economic damages are usually more difficult to assess and are not subject to the same limitations as economic damages.