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Types of Personal Injury Compensation

You may be entitled to compensation if you sustained an injury due to negligence or the wrongdoing of another person. Contact an attorney who specializes in personal injury law firms injury near you to find out more about the possible damages you can receive.

There are two primary types of damages that may be awarded in personal injury lawsuits: economic and non-economic damages. This article will go over these two categories , and also explain how they affect the amount you are entitled for compensation.

Economic Damages

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

Most of the time, these types of damages can be extremely costly, particularly in the case of serious injuries. Because they will require extensive medical attention. In addition to hospitalization, victims could be required to pay for prescription medicines and mobility equipment as they recover.

These expenses can mount up quickly, and it is critical to keep receipts for these expenses. The receipts you keep can help you establish the true amount of your losses and increase the value of your compensation.

In personal injury law firm injury cases, lost earnings and future income are common types of economic losses. This is because a victim may be out of work for months, weeks or even years following an accident. In these situations the victim is entitled to the amount they could have earned if they had been able to work.

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

Many people need assistance with the same tasks they did prior to their accident. These could include household chores, driving a vehicle as well as taking care of the outdoor, and providing childcare for the family member who is dependent.

In these cases the attorney might be competent to provide receipts and bills, and other proof of the cost of these items. They can also employ experts to testify regarding the worth of these damages.

The amount of these damages could vary greatly based on the circumstances of the accident and the particular needs of the victim. A jury is typically considering several factors when determining the amount of damages.

These damages can include:

The two most painful things in life are suffering and pain

It is usually awarded to victims of severe accidents who suffer emotional or physical injuries due to the accident. These awards can range from minor (a few dollars for suffering and pain) to huge amounts of money (millions of dollars in a wrongful death lawsuit).

Emotional distress

The type of damages mentioned above is designed to compensate for the emotional stress an injury can cause the victim. This can include anxiety, depression, and loss in enjoyment.

Disfigurement

It can be given to someone who is permanently damaged by the accident. It is costly as many people require surgery and other procedures to correct or remove imperfections.

Loss of companionship or consortium

This damages award is designed to cover the loss of someone you love due to the accident. This is particularly important when the victim has children or other dependents.

Non-economic damages are a distinct part of the legal system that is distinct from economic damages and is more rare. While they can have the burden of proof higher however, non-economic damages are typically more difficult to quantify and are not subject to the same limitations as economic damages.