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Types of Personal Injury Compensation

If you suffered an injury due to the negligence or misconduct of another party, you may be entitled to compensation. Speak with a personal injury lawyer near you to learn more about the damages you may be entitled to.

There are two main types of damages that can be awarded in personal injury lawsuits that are non-economic and economic damages. This article will discuss these two categories , and also explain how they impact the amount you are entitled for compensation.

Economic Damages

A person may be entitled to financial damages when they are injured in an accident. These could include medical costs as well as lost wages and property damage.

These kinds of damages are often very expensive, especially when there are serious injuries. Since they require extensive medical attention. As they heal, victims might need to pay for prescription medication or mobility equipment.

The cost of these expenses can be astronomical quickly, and it is crucial to keep receipts for them. Having these receipts will help you determine the true cost of your losses, and also increase the value of your compensation.

Other common forms of economic damages in personal injury lawyers injury cases are loss of earnings and future income. The reason for this is that victims can be out-of-work for a period of weeks, months and even years after an accident. In this situation the award of compensation should reflect the amount the victim would have earned if they had not been unable to work.

If someone is disabled or someone in the family dies due to an accident, the victim could be entitled to compensation for services related to life. These include nursing, law home health and physical therapy.

Many people require help with the same duties they did prior to their accident. These include house chores, driving a car as well as caring for the environment and caring for the dependent family member.

In these situations an attorney might be competent to provide receipts and bills and other evidence of the cost of these items. They may also engage experts to testify about the value of these damages.

The value of these damages can vary in a wide range depending on the circumstances surrounding the accident and the particular needs of the victim. A jury is typically considering various factors when determining damages.

Some examples of these damage could include:

The two most painful aspects of life are pain and suffering.

This award is typically given to those injured in serious accidents who suffer physical or emotional injuries as a consequence of the accident. These awards can range from minor (a small amount of money for pain and suffering) to huge 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 accident causes to a victim. It covers things like depression, anxiety, and loss of enjoyment in daily life.

Disfigurement

An injured person who has been permanently damaged by an accident can receive this. It is costly as many require surgery and other procedures to correct or eliminate disfigurements.

Loss of companionship and loss of consortium

The purpose of this award is to cover the loss of the loved one in the event of an accident. This is especially crucial for victims who have dependents or children.

The award of non-economic damages is a separate part of the legal system that is distinct from economic damages, and it is more rare. Non-economic damages may be subject to a greater burden of proof, but they are typically more difficult to value than economic damages, and they are not subject to the same limitations as economic damages.