Types of Personal Injury Compensation
If you suffered an injury as a result of another party's negligence or wrongdoing or wrongdoing, you may be entitled to compensation. Speak with an attorney for personal injuries near you to find out more about the damages you could receive.
In personal injury cases, there are two types of damages that could occur that are non-economic and economic. This article will examine the two categories and explain how they affect the amount you're entitled to for compensation.
Economic Damages
If someone is injured in an accident, they may be entitled for financial damages. These could include medical costs, lost wages, and property damage.
Most of the time, these types of damages can be extremely expensive especially in the case of serious injuries. This is because they require intensive treatment. As personal injury lawsuit boulder heal, victims might need to pay for prescription medication or mobility equipment.
These expenses can mount up quickly, which is why it is important to keep receipts of them. Receipts from these expenses will allow you to prove the true value 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. The reason for this is that victims can be out of work for months, weeks, or even years after an accident. In this situation the award of compensation should reflect the amount that the victim would have earned if they had not been in a position to work.
A person who is disabled or lost a loved one because of an accident may be entitled to compensation for life-care services. These include nursing, home health and physical therapy.
Many people also need assistance in the activities they did prior to their accident. These include household chores, driving as well as taking care of the outdoor, and taking care of the family member who is dependent.
In these instances an attorney may be in a position to provide receipts, bills as well as other evidence of the value of these items. They can also engage experts to testify to the worth of these damages.
These damages may be valued differently based upon the specific needs of the victim and the circumstances surrounding the accident. A jury will usually consider several factors when determining the amount of damages.
Some examples of these damage could include:
Pain and suffering
This award is usually given to those injured in serious accidents who have suffered physical or emotional injuries as a consequence of the accident. The awards can range from relatively small (a small amount of money for suffering and pain) to massive sums of money (millions of dollars in a case of wrongful death).
Emotional distress
This type of damages is designed to compensate for the emotional strain that an injury causes the victim. This includes depression, anxiety and a loss of enjoyment.
Disfigurement
A person who is injured and is permanently damaged as a result of an accident may be eligible for this. It can be expensive as many people require surgery and other procedures to correct or remove the disfigurements.
Loss of companionship and loss of consortium
The damages award is intended to pay for the loss of a loved one due to the accident. This is particularly important in the case of children or other dependents.
The awarding of non-economic damages is a distinct part of the legal system that is distinct from economic damages, and it is more rare. Non-economic damages are subject to a greater burden of proof, but they are often more difficult to assess than economic damages and are not restricted by the same rules.