Types of Personal Injury Compensation
You could be eligible for compensation if were injured due to the negligence or wrongdoing of a third party. Talk to a personal injury lawyer near you to learn more about the possible damages you can receive.
There are two primary categories of damages that can be awarded in personal injury lawsuits including economic and non-economic damages. This article will explore the two categories and explain how they can affect the amount you are entitled for compensation.
Economic Damages
If a person is injured in an accident, they may be entitled to financial compensation. These damages could include medical expenses, lost earnings, and property damage.
These kinds of damages are often very costly, especially if there are serious injuries. This is due to the fact that they require intensive treatment. In addition to hospitalization, patients could be required to pay for prescription medicines and mobility equipment while they recover.
These expenses can add up quickly, which is why it is essential to keep receipts for these expenses. Receipts from these expenses can help you prove the true amount of your losses and increase the value of your compensation.
In personal injury cases, the loss of wages and future earnings are the most common forms of economic damage. This is due to the fact that the victim may be out of work for weeks, months or even years after an accident. In these situations the victim should be compensated the amount they would have received if they were able to work.
If someone is disabled or someone in the family dies as the result of an accident, the victim could be eligible to receive damages for services related to life. These services include home health, nursing, and physical therapy.
personal injury attorney ofallon require help with the same duties they did before their accident. This could include household chores, driving a vehicle as well as taking care of the outdoors, and assisting the family member who is dependent.
In these instances an attorney may be competent to provide receipts and bills and other proof of the value of these items. They can also engage experts to testify to the worth of these damages.
These damages can be valued different based on the particular needs of the victim and the circumstances that led to the incident. In general, juries examine a range of factors when determining an economic damages award.
These damages could include:
Pain and suffering
This award is usually awarded to those injured in serious accidents who have suffered emotional or physical injuries as a consequence of the accident. The awards can range from relatively small (a small amount of money for pain and suffering) to massive amounts of money (millions of dollars in a wrongful death lawsuit).
Emotional distress
This type of damages is targeted at redressing the emotional trauma that an injury causes the victim. It can include things like depression, anxiety, and loss of enjoyment in daily life.
Disfigurement
A person who is injured and has been permanently damaged by an accident may be eligible for this. This can be costly as many require surgery and other treatments to correct or remove the disfigurements.
Loss of consortium and companionship
The purpose of this award is to compensate the loss of loved ones due to the accident. This is particularly important for those who have children or dependents.
Non-economic damages are a separate part the legal system from economic damages and is more rare. While they can have the burden of proof higher in the case of non-economic damages, they are more difficult to assess and are not subject to the same limitations as economic damages.