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Types of Personal Injury Compensation
If you've suffered an injury due to the negligence or misconduct of another party You may be entitled to compensation. Talk to an attorney who specializes in personal injury law firm injury near you to learn more about the potential damages you could be awarded.
There are two primary types of damages that may be awarded in personal injury lawsuits: economic and non-economic damages. This article will examine these two categories , and also explain how they impact the amount you're entitled to for compensation.
Economic Damages
When a person is injured in an accident, they may be entitled for financial damages. These damages could include medical expenses, lost earnings, and property damage.
These types of damages can be extremely expensive, particularly if there are serious injuries. Because they will require intensive medical treatment. In addition to hospitalization, victims could be required to pay for prescription medications and mobility equipment once they recover.
The cost of these expenses can be astronomical quickly, and it is important to keep receipts of them. These receipts will help you establish the value of your losses as well as increase your compensation.
Other common forms of economic damages in personal injury cases include loss of earnings and future earnings. This is because a victim may be not working for months, weeks or even years following an accident. In this case the award of compensation should reflect the amount that the victim would have earned if they had not been disabled from working.
A victim who is disabled or has lost loved ones due to an accident may be entitled to damages for life-care services. These could include home health care, nursing, and physical therapy services and many more.
Many people require help doing the things that they did prior to their accident. This includes household chores, driving a vehicle taking care of the outdoors, and providing care for the family member who is dependent.
An attorney could be able to provide receipts, bills, or other evidence to prove the value of these items in these cases. They may also engage experts to testify to the value of these damages.
These damages can be valued differently based upon the specific requirements of the victim as well as the circumstances surrounding the incident. Typically, a jury will examine a range of factors when determining an award of economic damages.
These damages can include:
Pain and suffering
This is usually given to those who are victims of serious accidents who have suffered physical or emotional injuries as a result of the accident. These awards may be small (a few dollars for suffering) or large (millions in the event of wrongful death).
Emotional distress
This type of damages compensates victims of emotional stress that is caused by an injury. It covers things like anxiety, depression and loss of enjoyment in life.
Disfigurement
This can be given to someone who has suffered permanent disfigurement as a result of the accident. This can be costly as many people require surgeries and other treatments to repair or remove disfigurements.
Loss of the consortium and companionship
The purpose of this award is to compensate for the loss of a loved person due to the loss. This is particularly important for those who have children or dependents.
The award of non-economic damages is an independent part of the legal system, distinct from economic damages, and is more rare. Non-economic damages can be subject to a greater burden of evidence, but they are usually more difficult to quantify than economic damages and aren't restricted by the same rules.
If you've suffered an injury due to the negligence or misconduct of another party You may be entitled to compensation. Talk to an attorney who specializes in personal injury law firm injury near you to learn more about the potential damages you could be awarded.
There are two primary types of damages that may be awarded in personal injury lawsuits: economic and non-economic damages. This article will examine these two categories , and also explain how they impact the amount you're entitled to for compensation.
Economic Damages
When a person is injured in an accident, they may be entitled for financial damages. These damages could include medical expenses, lost earnings, and property damage.
These types of damages can be extremely expensive, particularly if there are serious injuries. Because they will require intensive medical treatment. In addition to hospitalization, victims could be required to pay for prescription medications and mobility equipment once they recover.
The cost of these expenses can be astronomical quickly, and it is important to keep receipts of them. These receipts will help you establish the value of your losses as well as increase your compensation.
Other common forms of economic damages in personal injury cases include loss of earnings and future earnings. This is because a victim may be not working for months, weeks or even years following an accident. In this case the award of compensation should reflect the amount that the victim would have earned if they had not been disabled from working.
A victim who is disabled or has lost loved ones due to an accident may be entitled to damages for life-care services. These could include home health care, nursing, and physical therapy services and many more.
Many people require help doing the things that they did prior to their accident. This includes household chores, driving a vehicle taking care of the outdoors, and providing care for the family member who is dependent.
An attorney could be able to provide receipts, bills, or other evidence to prove the value of these items in these cases. They may also engage experts to testify to the value of these damages.
These damages can be valued differently based upon the specific requirements of the victim as well as the circumstances surrounding the incident. Typically, a jury will examine a range of factors when determining an award of economic damages.
These damages can include:
Pain and suffering
This is usually given to those who are victims of serious accidents who have suffered physical or emotional injuries as a result of the accident. These awards may be small (a few dollars for suffering) or large (millions in the event of wrongful death).
Emotional distress
This type of damages compensates victims of emotional stress that is caused by an injury. It covers things like anxiety, depression and loss of enjoyment in life.
Disfigurement
This can be given to someone who has suffered permanent disfigurement as a result of the accident. This can be costly as many people require surgeries and other treatments to repair or remove disfigurements.
Loss of the consortium and companionship
The purpose of this award is to compensate for the loss of a loved person due to the loss. This is particularly important for those who have children or dependents.
The award of non-economic damages is an independent part of the legal system, distinct from economic damages, and is more rare. Non-economic damages can be subject to a greater burden of evidence, but they are usually more difficult to quantify than economic damages and aren't restricted by the same rules.
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