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Types of Personal Injury Compensation

If you've been injured as a result of the negligence or misconduct of another party or wrongdoing, you may be entitled to compensation. Find out the kinds of damages you can be awarded by speaking to a personal injury attorney near you.

There are two primary types of damages that can be awarded in personal injury lawsuits: economic and non-economic damages. This article will look at these categories and show how they might affect the amount of compensation you are entitled to receive.

Economic Damages

A person may be entitled to financial damages after being injured in an accident. These damages could include medical expenses, lost earnings, and property damage.

These kinds of damages can be expensive, especially if they are serious injuries. Since they require intensive medical treatment. In addition to hospitalization, the victims may need to pay for prescription medicines and mobility equipment while they recover.

These expenses can add up quickly, and it is essential to keep receipts for them. These receipts will help demonstrate the true value of your losses and increase your compensation.

In personal injury cases, the loss of earnings and future earnings are the most common types of economic damages. This is because a victim might be out of work for months, weeks or even years following an accident. In this scenario the award of compensation should reflect the amount that the victim would have earned had they not been in a position to work.

If a person is disabled or a family member passes away as the result of an accident, the victim could be able to claim damages for the services they received in life. These services include nursing, home health, and physical therapy.

Many people require help in the same areas they had prior to their accident. This includes house chores, driving a car, caring for the outdoors and taking care of a dependent family member.

In these situations an attorney may be in a position to provide receipts, bills and other evidence of the value of these items. They can also hire experts to testify regarding the worth of these damages.

The value of these damages can vary significantly based on the circumstances of the accident and the victim's specific needs. A jury typically takes into consideration many factors when awarding economic damages.

Examples of these damages could be:

The two most painful things that happen in life are pain and suffering.

This award is usually given to those who have suffered serious injuries who are suffering physical or emotional injuries as a consequence of the accident. These awards can range from relatively small (a few dollars for suffering and pain) to massive sums of money (millions of dollars in a wrongful death lawsuit).

Emotional distress

This type of damages is intended to alleviate the emotional stress an injury can cause to a victim. This includes depression, anxiety and loss of enjoyment.

Disfigurement

A person who is injured and has been permanently damaged by an accident could be eligible for this. This can be very expensive because many people require surgery or other treatments to fix or remove disfigurements.

Loss of the consortium and companionship

This damages award is designed to provide compensation for the loss suffered by the loved one due to the loss. This is especially crucial for victims who have dependents or children.

Non-economic damages form a distinct part of the legal system that is distinct as is economic damage, and are far less frequent. Although they may have a higher burden of proof in the case of non-economic damages, they are more difficult to determine and are not subject to the same restrictions as economic damages.