Types of Personal Injury Compensation

You may be entitled to compensation if you suffered an injury due to negligence or the wrongdoing of another party. Learn about the types of damages you could be awarded by speaking to an attorney who specializes in personal injury law firms injury near you.

There are two main categories of damages that can be awarded in personal injury lawsuits (new content from fpcom.co.kr): economic and non-economic damages. This article will explore these two categories and explain how they can affect the amount you can claim for compensation.

Economic Damages

A person could be entitled to financial compensation after being injured in an accident. This could include medical expenses along with lost wages and personal injury lawsuits property damage.

In most cases, these types damages can be extremely expensive particularly in the case of serious injuries. This is because they require extensive treatment. In addition to being hospitalized, victims may need to pay for prescription medicines and mobility equipment as they recover.

The cost of these expenses can be astronomical quickly, which is why it's crucial to keep receipts for these expenses. Receipts from these expenses will help you determine the true value of your losses and increase the value of your compensation.

In personal injury attorneys injury cases, the loss of earnings and future income are common types of economic losses. This is due to the fact that the victim may be in a position of no work for weeks, months or even years following an accident. In this scenario the compensation amount should reflect the amount the victim would have earned had they not been incapable of working.

If a person is disabled or an individual in the family dies as the result of an accident, the victim may be able to claim damages for life care services. These include nursing, home health care and physical therapy and many more.

Many people require assistance with the same duties they did before their accident. These include household chores driving a vehicle taking care of the outdoors and taking care of a dependent family member.

An attorney may be able provide receipts or bills, as well as other evidence to prove the cost of these items in these instances. They can also employ experts to testify about the value of these damages.

The amount of these damages may vary in a wide range depending on the circumstances surrounding the accident and the victim's specific needs. A jury is typically considering various factors when determining damages.

These damages could include:

Pain and suffering

This award is usually awarded to those who have suffered serious injuries who have suffered physical or emotional injuries as a result of the accident. These awards can range from small (a couple of dollars for pain and suffering) to massive amounts of money (millions of dollars in a wrongful-death case).

Emotional distress

This type of damages compensates victims for emotional trauma caused by an injury. It includes things like anxiety, depression and a loss of pleasure in life.

Disfigurement

An injured person who has been permanently damaged by an accident may receive this. This can be costly since many people require surgery or other treatments to correct or eliminate imperfections.

Loss of consortium and companionship

This damages award is designed to compensate for the loss of someone you love because of the accident. This is particularly important for those who have children or dependents.

Non-economic damages are an independent element of the legal system, distinct from economic damage and is much less common. Non-economic damages are subject to a higher burden of proof, however they are usually more difficult to value than economic damages, and they are not subject to the same limitations as economic damages.