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Types of Personal Injury Compensation
You could be eligible for compensation if you were injured due to negligence or wrongdoing of another party. Find out the kinds of damages that you can be awarded by speaking to an attorney who handles personal injury law firm injury cases near you.
There are two major types of damages that may be awarded in personal injury lawsuits which are economic and non-economic damages. This article will go over these two categories and discuss how they can affect the amount that you are entitled to for compensation.
Economic Damages
A person could be entitled to financial compensation after being injured in an accident. These can include medical expenses along with lost wages and property damage.
These types of damages are often very expensive, particularly if there are serious injuries. This is because they require intensive treatment. In addition to being hospitalized, victims may have to pay for prescription drugs and mobility equipment while they recover.
These expenses can mount up quickly, and it is critical to keep receipts for these expenses. These receipts can help you establish the true cost of your losses as well as increase the value of your compensation.
In personal injury cases, the loss of earnings and future earnings are the most common types of economic damages. The reason for this is that victims can be out-of-work for a number of months, weeks or even for years following an accident. In this instance, the compensation award should reflect the amount the victim would have earned if they had not been disabled from working.
A victim who is disabled or lost loved ones because of an accident may be entitled to damages for life-care services. These include nursing, home health care, and physical therapy services as well as other services.
Many people also require assistance to complete the tasks they used to do before their accident. These could include household chores, driving a car or taking care of the outdoors and even providing care for a dependent family member.
In these situations an attorney may be competent to provide receipts and bills and other evidence of the value of these items. They may also employ experts to testify about the worth of these damages.
The amount of damages awarded can be determined differently based upon the specific requirements of the victim as well as the circumstances surrounding the accident. Typically, a jury will examine a range of factors when making an award of economic damages.
Examples of these damages might include:
Pain and suffering
The award is typically awarded to those who have suffered serious injuries who are suffering physical or emotional injuries as a result of the accident. These awards may be minor (a few dollars for suffering) or large (millions in the case of wrongful death).
Emotional distress
This type of damages compensates victims of emotional stress that is caused by an injury. It can include things like anxiety, depression and a loss of pleasure in everyday life.
Disfigurement
It can be given to someone who is permanently damaged due to the accident. It is a costly procedure because many people require surgery or other treatments to fix or remove disfigurements.
Loss of friendship and consortium
This damages award is meant to compensate for the loss of the loved one as a result of the accident. This is particularly crucial for those who have children or other dependents.
The award of non-economic damages are a distinct part of the legal system as opposed to economic damages, and it is much rarer. Non-economic damages can be subject to a greater burden of evidence, but they are typically more difficult to value than economic damages, and lawsuits they are not subject to the same restrictions as economic damages.
You could be eligible for compensation if you were injured due to negligence or wrongdoing of another party. Find out the kinds of damages that you can be awarded by speaking to an attorney who handles personal injury law firm injury cases near you.
There are two major types of damages that may be awarded in personal injury lawsuits which are economic and non-economic damages. This article will go over these two categories and discuss how they can affect the amount that you are entitled to for compensation.
Economic Damages
A person could be entitled to financial compensation after being injured in an accident. These can include medical expenses along with lost wages and property damage.
These types of damages are often very expensive, particularly if there are serious injuries. This is because they require intensive treatment. In addition to being hospitalized, victims may have to pay for prescription drugs and mobility equipment while they recover.
These expenses can mount up quickly, and it is critical to keep receipts for these expenses. These receipts can help you establish the true cost of your losses as well as increase the value of your compensation.
In personal injury cases, the loss of earnings and future earnings are the most common types of economic damages. The reason for this is that victims can be out-of-work for a number of months, weeks or even for years following an accident. In this instance, the compensation award should reflect the amount the victim would have earned if they had not been disabled from working.
A victim who is disabled or lost loved ones because of an accident may be entitled to damages for life-care services. These include nursing, home health care, and physical therapy services as well as other services.
Many people also require assistance to complete the tasks they used to do before their accident. These could include household chores, driving a car or taking care of the outdoors and even providing care for a dependent family member.
In these situations an attorney may be competent to provide receipts and bills and other evidence of the value of these items. They may also employ experts to testify about the worth of these damages.
The amount of damages awarded can be determined differently based upon the specific requirements of the victim as well as the circumstances surrounding the accident. Typically, a jury will examine a range of factors when making an award of economic damages.
Examples of these damages might include:
Pain and suffering
The award is typically awarded to those who have suffered serious injuries who are suffering physical or emotional injuries as a result of the accident. These awards may be minor (a few dollars for suffering) or large (millions in the case of wrongful death).
Emotional distress
This type of damages compensates victims of emotional stress that is caused by an injury. It can include things like anxiety, depression and a loss of pleasure in everyday life.
Disfigurement
It can be given to someone who is permanently damaged due to the accident. It is a costly procedure because many people require surgery or other treatments to fix or remove disfigurements.
Loss of friendship and consortium
This damages award is meant to compensate for the loss of the loved one as a result of the accident. This is particularly crucial for those who have children or other dependents.
The award of non-economic damages are a distinct part of the legal system as opposed to economic damages, and it is much rarer. Non-economic damages can be subject to a greater burden of evidence, but they are typically more difficult to value than economic damages, and lawsuits they are not subject to the same restrictions as economic damages.