Types of Personal Injury Compensation
If you've suffered an injury because of an individual's negligence or wrongdoing You may be entitled to compensation. Talk to an attorney who handles personal injury cases near you to learn more about the possible damages you can receive.
There are two major types of damages that can be given in personal injury cases that are non-economic and economic damages. This article will explore these two categories , and also explain how they impact the amount that you are entitled to for compensation.
Economic Damages
When a person is injured in an accident, they could be entitled to compensation for their losses. These damages could include medical expenses, lost earnings and property damage.
Often, these kinds of damages can be extremely costly especially in the case of serious injuries. They will require extensive medical attention. After recovering, patients might need to pay for prescription medication or mobility equipment.
These expenses can mount up quickly, which is why it's critical to keep receipts for them. The receipts you keep will help you determine the true cost of your losses and boost the value of your compensation.
In personal injury cases, the loss of earnings and future income are typical kinds of economic loss. This is due to the fact that the victim may be not working for weeks, months, or years after an accident. In this case the compensation amount should reflect the amount the victim could have earned if they had not been in a position to work.
If a person is disabled or a family member passes away due to an accident, the victim may be entitled to damages for services provided to the living. These include home health, nursing and physical therapy.
Many people require assistance with the same duties they had prior to their accident. This includes household chores, driving a car as well as caring for the environment and taking care of the family member who is dependent.
In these situations, an attorney may be capable of providing receipts, bills as well as other evidence of the value of these items. They can also engage experts to testify about the worth of these damages.
The value of these damages may vary widely depending on the circumstances surrounding the accident and the particular needs of the victim. In personal injury lawsuit anchorage , juries take into consideration a variety of factors when making an award of economic damages.
Examples of these damage could include:
Pain and suffering
It is usually given to those who have suffered from severe accidents who have suffered physical or emotional injuries due to the accident. The awards can range from minor (a small amount of money for pain and suffering) to huge 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 trauma that an injury causes a victim. It can include things like depression, anxiety and loss of enjoyment in life.
Disfigurement
This could be given to someone who is permanently damaged by the accident. It can be very costly, as many people need surgeries and other treatments to correct or remove the disfigurements.
Loss of friendship and consortium
The damages award is intended to cover the loss of loved ones in the event of an accident. This is especially important for victims who have children or dependents.
The awarding of non-economic damages is a separate part of the legal system as opposed to economic damages, and is much rarer. While they are subject to a higher burden of evidence, non-economic damages are usually more difficult to determine and are not subject to the same limitations as economic damages.