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Types of Personal Injury Compensation
You may be entitled to compensation if you sustained an injury due to negligence or the wrongdoing of another party. Find out about the kinds of damages you may get by speaking with an attorney for personal injury near you.
There are two major types of damages that can be awarded in personal injury lawsuits which are economic and non-economic damages. This article will examine these two categories and explain how they affect the amount you can claim for compensation.
Economic Damages
If a person is injured in an accident, they could be entitled to financial compensation. These damages can include medical expenses, lost earnings, and property damage.
Most of the time, these types of injuries can be quite costly especially in the case of serious injuries. This is because they require extensive treatment. In addition to hospitalization, victims might need to pay for prescription medication and mobility equipment while they recover.
These expenses can add up quickly, so it is essential to keep receipts for these expenses. Receipts from these expenses can help you establish the true cost of your losses, and also increase the value of your compensation.
Other common types of economic damages in personal injury cases include lost wages and future income. This is due to the fact that the victim may be out of work for months, weeks or even years following an accident. In this situation the award of compensation must reflect the amount the victim could have made if they weren't disabled from working.
If someone is disabled or someone in the family dies due to an accident, the victim may be eligible to receive damages for life care services. This could include nursing home care, home health care and physical therapy and many more.
Many people need assistance with the same tasks they did prior to their accident. These include household chores, driving a vehicle or taking care of the outdoors and providing childcare for an individual in the family who is dependent.
An attorney could be able to provide receipts and bills or other evidence to prove the cost of these items in these cases. They may also hire experts to testify on the value of these damages.
The amount of damages awarded can be determined differently based upon the specific requirements of the victim as well as the circumstances that led to the incident. Typically, a jury will examine a range of factors when determining an economic damages award.
These damages can include:
Pain and suffering
This is usually given to those who are victims of serious accidents who suffer emotional or physical injuries as a result of the accident. These awards can range from relatively minor (a small amount of money for suffering and pain) to massive sums of money (millions of dollars in a wrongful-death case).
Emotional distress
This type of damages is aimed at compensating the emotional stress that an injury causes a victim. It can include things like anxiety, depression and a loss of pleasure in life.
Disfigurement
A person who is injured and is permanently damaged due to an accident could be eligible for this. This can be very expensive, as many people need surgery and other treatments to correct or remove the disfigurements.
Loss of companionship and consortium
This damages award is designed to help compensate for the loss of a loved person due to the loss. This is particularly crucial if the victim has children or other dependents.
Non-economic damages are a distinct element of the legal system, distinct as is economic damage, and are significantly less common. Non-economic damages are subject to a higher burden of proof, but they are generally more difficult to assess than economic damages and are not subject to the same restrictions as economic damages.
You may be entitled to compensation if you sustained an injury due to negligence or the wrongdoing of another party. Find out about the kinds of damages you may get by speaking with an attorney for personal injury near you.
There are two major types of damages that can be awarded in personal injury lawsuits which are economic and non-economic damages. This article will examine these two categories and explain how they affect the amount you can claim for compensation.
Economic Damages
If a person is injured in an accident, they could be entitled to financial compensation. These damages can include medical expenses, lost earnings, and property damage.
Most of the time, these types of injuries can be quite costly especially in the case of serious injuries. This is because they require extensive treatment. In addition to hospitalization, victims might need to pay for prescription medication and mobility equipment while they recover.
These expenses can add up quickly, so it is essential to keep receipts for these expenses. Receipts from these expenses can help you establish the true cost of your losses, and also increase the value of your compensation.
Other common types of economic damages in personal injury cases include lost wages and future income. This is due to the fact that the victim may be out of work for months, weeks or even years following an accident. In this situation the award of compensation must reflect the amount the victim could have made if they weren't disabled from working.
If someone is disabled or someone in the family dies due to an accident, the victim may be eligible to receive damages for life care services. This could include nursing home care, home health care and physical therapy and many more.
Many people need assistance with the same tasks they did prior to their accident. These include household chores, driving a vehicle or taking care of the outdoors and providing childcare for an individual in the family who is dependent.
An attorney could be able to provide receipts and bills or other evidence to prove the cost of these items in these cases. They may also hire experts to testify on the value of these damages.
The amount of damages awarded can be determined differently based upon the specific requirements of the victim as well as the circumstances that led to the incident. Typically, a jury will examine a range of factors when determining an economic damages award.
These damages can include:
Pain and suffering
This is usually given to those who are victims of serious accidents who suffer emotional or physical injuries as a result of the accident. These awards can range from relatively minor (a small amount of money for suffering and pain) to massive sums of money (millions of dollars in a wrongful-death case).
Emotional distress
This type of damages is aimed at compensating the emotional stress that an injury causes a victim. It can include things like anxiety, depression and a loss of pleasure in life.
Disfigurement
A person who is injured and is permanently damaged due to an accident could be eligible for this. This can be very expensive, as many people need surgery and other treatments to correct or remove the disfigurements.
Loss of companionship and consortium
This damages award is designed to help compensate for the loss of a loved person due to the loss. This is particularly crucial if the victim has children or other dependents.
Non-economic damages are a distinct element of the legal system, distinct as is economic damage, and are significantly less common. Non-economic damages are subject to a higher burden of proof, but they are generally more difficult to assess than economic damages and are not subject to the same restrictions as economic damages.
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