Types of Personal Injury Compensation
You may be eligible for compensation if suffered an injury as a result of negligence or the wrongdoing of another person. Talk to an attorney who specializes in personal 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 look at these categories and show how they may impact the amount of compensation you're entitled to receive.
Economic Damages
When a person is injured in an accident, they may be entitled to financial compensation. These may include medical bills as well as lost wages and property damage.
These types of damage can be extremely expensive, particularly if there are serious injuries. Because they require an extensive medical treatment. As they recover, victims may require mobility equipment or prescription medications.
The cost of these expenses can be astronomical quickly, which is why it is critical to keep receipts for these expenses. These receipts will help establish the value of your losses and increase your compensation.
In personal injury cases, the loss of earnings and future income are common types of economic losses. This is because victims may be out-of-work for weeks, months, and even years after an accident. In these cases, the victim should receive the amount they would have earned if were able to work.
If someone is disabled or the death of a family member occurs in the aftermath of an accident, the victim could be entitled to compensation for life care services. These could include nursing, home health care and physical therapy in addition to other services.
Many people require help doing the things that they did prior to their accident. These include household chores driving a car taking care of the outdoors, and providing care for family members who are dependent.
In these cases, an attorney may be in a position to provide receipts, bills, and other proof of the cost of these items. personal injury law firm denton can also engage experts to testify regarding the value of these damages.
These damages can be valued different based on the particular requirements of the victim as well as the circumstances that led to the accident. In general, juries examine a range of factors when determining an economic damages award.
These damages could include:
The two most painful things in life are suffering and pain
This award is usually awarded to those who have suffered serious injuries who have suffered physical or emotional injuries as a consequence of the accident. These awards can range from relatively minor (a few dollars for suffering and pain) to massive sums of money (millions of dollars in a wrongful-death case).
Emotional distress
The type of damages mentioned above is intended to alleviate the emotional stress an injury can cause a victim. It covers things like anxiety, depression, and loss of enjoyment in daily life.
Disfigurement
This is a gift to an injured person who has been permanently disfigured by the accident. This can be costly because many people require procedures and other treatments in order to correct or remove the disfigurements.
Loss of companionship and loss of consortium
This damages award is designed to compensate for the loss of the loved one due to the loss. This is especially important if the victim has children or other dependents.
Non-economic damages form a distinct part of the legal system that is distinct in comparison to economic damages and are much less common. Non-economic damages can be subject to a greater burden of proof, but they are generally more difficult to determine than economic damages, and they are not restricted by the same rules.