Types of Personal Injury Compensation

You may be entitled to compensation if you suffered an injury due to negligence or wrongdoing of another party. Contact a personal injury lawyer near you to find out more about the possible damages you can receive.

There are two main types of damages that can be awarded in personal injury lawyer injury cases which are economic and non-economic damages. This article will look at these categories and explain how they can impact the amount of compensation you're entitled to receive.

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.

In most cases, these types damages can be extremely costly especially in the event of serious injuries. This is because they require extensive treatment. In addition to hospitalization, victims may have to pay for prescription medicines and mobility equipment while they recover.

These expenses can mount up quickly, which is why it's essential to keep receipts for these expenses. These receipts will help you demonstrate the true value of your losses and increase your compensation.

In personal injury law firm injury cases, the loss of wages and future income are typical forms of economic damage. This is due to the fact that victims could be out-of-work for a number of months, weeks and even years following an accident. In these instances the victim must receive the amount they would have received if they had been able to work.

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

Many people require assistance in the same areas they had prior to their accident. These may include household chores, driving a vehicle and taking care of the outdoors and taking care of an individual in the family who is dependent.

An attorney may be able provide receipts or bills, as well as other evidence to demonstrate the value of these items in these instances. They can also engage experts to testify on the value of these damages.

The value of these damages could vary widely depending on the circumstances surrounding the accident as well as the needs of the victim. A jury will usually consider various factors when determining damages.

These damages can include:

Pain and suffering

This award is typically given to those injured in serious accidents who have suffered physical or emotional injuries as a consequence of the accident. These awards can range from relatively minor (a small amount of money for pain and suffering) to massive sums of money (millions of dollars in a wrongful-death case).

Emotional distress

This kind of compensation compensates victims for emotional stress caused by an injury. It can include things like anxiety, depression and loss of enjoyment in daily life.

Disfigurement

A person who is injured and has suffered permanent damage as a result of 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 and loss of consortium

The purpose of this damages award is to pay for the loss of loved ones due to the loss. This is particularly important in the case of children or other dependents.

Non-economic damages form a distinct element of the legal system, distinct as is economic damage, and are far less frequent. Although they may have a higher burden of evidence in the case of non-economic damages, they are more difficult to assess and are not subject to the same limitations as economic damages.