Types of Personal Injury Compensation
If you've been injured because of another party's negligence or wrongdoing you could be entitled to compensation. Contact an attorney who specializes in personal injury near you to find out more about the damages you may be entitled to.
In personal injuries there are two kinds of damages that can occur: non-economic and economic. This article will explore these categories and explain how they might affect the amount of compensation you are legally entitled to.
Economic Damages
A person may be entitled to financial compensation should they be injured in an accident. These damages could include medical expenses, lost earnings and property damage.
In most cases, these types damages can be extremely costly, particularly in the case of serious injuries. They will require intensive medical treatment. In addition to hospitalization, victims may have to pay for prescription medication and mobility equipment as they recover.
These expenses can quickly grow and it is crucial to keep receipts. These receipts can help you establish the true amount of your losses, and also increase the value of your compensation.
In personal injury cases, lost earnings and future income are typical types of economic losses. This is because the victim could be out-of-work for weeks, months, and even years after an accident. In this scenario, the compensation award must reflect the amount the victim could have made if they weren't incapable of working.
If someone is disabled or the death of a family member occurs due to an accident, the victim could be able to claim damages for services provided to the living. These include home health, nursing, and physical therapy.
Many people require help with the same tasks that they did before their accident. These could include household chores, driving a vehicle and taking care of the outdoors and taking care of someone in the family who is dependent.
In these cases, an attorney may be competent to provide receipts and bills as well as other evidence of the cost of these items. They can also engage experts to testify regarding the value of these damages.
The value of these damages can vary significantly based on the circumstances of the accident and the needs of the victim. A jury will usually consider many factors when awarding economic damages.
These damages could include:
Pain and suffering
This is usually awarded to victims of severe accidents who have suffered physical or emotional injuries as a result of the accident. These awards can range from minor (a couple of dollars for pain and suffering) to massive sums of money (millions of dollars in a wrongful death lawsuit).
Emotional distress
This type of damages is designed to compensate for the emotional strain that an injury can cause a victim. It can include things like anxiety, depression and a loss of enjoyment in life.
Disfigurement
This could be given to an injured person who has been permanently disfigured due to the accident. It is costly as many people require surgery or other treatments to correct or eliminate the disfigurements.
Loss of the consortium and companionship
This damages award is designed to help compensate for the loss of a loved person due to the loss. This is especially important for victims who have children or dependents.
Non-economic damages are a separate part the legal system in comparison to economic damages and are far less frequent. personal injury law firm bloomington -economic damages can be subject to a higher burden of proof, but they are typically more difficult to quantify than economic damages, and they are not subject to the same limitations as economic damages.