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Types of Personal Injury Compensation

You could be eligible for compensation if were injured due to negligence or the wrongdoing of another party. Talk to a personal injury lawyer near you to find out more about the possible damages you can receive.

In personal injury lawsuit injuries there are two kinds of damages that could occur both economic and non-economic. This article will examine these two categories and explain how they impact the amount you are entitled for compensation.

Economic Damages

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

Often, these types of damages can be extremely expensive particularly in the case of serious injuries. This is because they will require intensive treatment. In addition to hospitalization, patients might need to pay for prescription medications and mobility equipment as they recover.

These expenses can mount up quickly, so it is crucial to keep receipts for them. Receipts from these expenses will help you determine the true value of your losses and increase the value of your compensation.

In personal injury lawyers injury cases wages and future income are typical types of economic losses. This is due to the fact that a victim could be out of work for months, weeks, or years after an accident. In this situation the compensation amount should reflect the amount the victim would have earned if they were not unable to work.

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

Many people also require assistance doing the things they used to do before their accident. This includes house chores, driving a vehicle and caring for the outdoor as well as taking care of the dependent family member.

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

These damages are valued different based on the particular requirements of the victim as well as the circumstances surrounding the accident. A jury will typically examine a range of factors when determining an economic damages award.

Some examples of these damages could include:

The two most painful things in life are suffering and pain

This award is usually awarded to those who have suffered serious injuries who suffer physical or emotional injuries as a result of the accident. The awards can be small (a few dollars for suffering) or substantial (millions in the case of wrongful death).

Emotional distress

The type of damages mentioned above is intended to alleviate the emotional stress an accident causes to a victim. This includes anxiety, depression, and loss in enjoyment.

Disfigurement

An injured person who has suffered permanent damage as a result of an accident could be eligible for this. This can be costly as many people require surgery or other procedures to correct or eliminate the disfigurements.

Loss of companionship or consortium

This damages award is intended to compensate for the loss of a loved person as a result. This is particularly important when the victim has children or other dependents.

Non-economic damages are an independent part the legal system in comparison to economic damages and are more rare. While they can have the burden of proof higher however, non-economic damages are typically more difficult to value and are not subject to the same restrictions as economic damages.