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Types of Personal Injury Compensation
You may be eligible for compensation if suffered an injury as a result of negligence or wrongdoing of another person. Learn about the types of damages you may get by speaking with a personal injury attorney near you.
In personal injuries, there are two types of damages that can occur: non-economic and economic. This article will explore the two categories and explain how they impact the amount that you are entitled to for compensation.
Economic Damages
A person may be entitled to financial damages when they are injured in an accident. These may include medical bills along with lost wages and property damage.
Most of the time, these types of damage can be very costly especially in the case of serious injuries. This is because they will require extensive treatment. As they heal, victims may need to pay for mobility equipment or prescription medications.
The cost of these expenses can be astronomical quickly, so it is critical to keep receipts for these expenses. These receipts will allow you to establish the value of your losses and increase your compensation.
In personal injury cases, loss of wages and future earnings are the most common kinds of economic loss. The reason for this is that victims can be out-of-work for weeks, months, and Personal even years after an accident. In these situations, the victim should receive the amount they would have earned if were able to work.
If someone is disabled or a family member passes away due to an accident, the victim may be entitled to compensation for the services they received in life. These include nursing, home health, and physical therapy.
Many people require help doing the things they used to do before their accident. This includes household chores, driving a car as well as caring for the environment and caring for the family member who is dependent.
In these cases an attorney might be able to provide receipts, bills and other proof of the value of these items. They can also hire experts to testify regarding the worth of these damages.
The value of these damages could vary significantly based on the circumstances surrounding the accident and the particular needs of the victim. A jury will typically take into consideration a variety of factors when determining an award for economic damages.
Some examples of these damages could include:
The two most painful things that happen in life are suffering and pain
The award is typically awarded to victims of serious accidents who are suffering physical or emotional injuries as a result of the accident. The awards can be minor (a few dollars for suffering) or even substantial (millions in the case of wrongful death).
Emotional distress
This kind of compensation compensates victims for emotional trauma caused by an injury. This can include anxiety, depression and loss of enjoyment.
Disfigurement
This can be given to an injured person who is permanently damaged due to the accident. This can be costly since many people require surgery and other treatments to correct or remove imperfections.
Loss of companionship or consortium
The purpose of this damages award is to provide compensation for the loss suffered by a loved person due to the loss. This is particularly important for those who have dependents or children.
The awarding of non-economic damages is an independent part of the legal system from economic damages, and is much more rare. While they may be subject to a higher burden of evidence in the case of non-economic damages, they are more difficult to value and are not subject to the same restrictions as economic damages.
You may be eligible for compensation if suffered an injury as a result of negligence or wrongdoing of another person. Learn about the types of damages you may get by speaking with a personal injury attorney near you.
In personal injuries, there are two types of damages that can occur: non-economic and economic. This article will explore the two categories and explain how they impact the amount that you are entitled to for compensation.
Economic Damages
A person may be entitled to financial damages when they are injured in an accident. These may include medical bills along with lost wages and property damage.
Most of the time, these types of damage can be very costly especially in the case of serious injuries. This is because they will require extensive treatment. As they heal, victims may need to pay for mobility equipment or prescription medications.
The cost of these expenses can be astronomical quickly, so it is critical to keep receipts for these expenses. These receipts will allow you to establish the value of your losses and increase your compensation.
In personal injury cases, loss of wages and future earnings are the most common kinds of economic loss. The reason for this is that victims can be out-of-work for weeks, months, and Personal even years after an accident. In these situations, the victim should receive the amount they would have earned if were able to work.
If someone is disabled or a family member passes away due to an accident, the victim may be entitled to compensation for the services they received in life. These include nursing, home health, and physical therapy.
Many people require help doing the things they used to do before their accident. This includes household chores, driving a car as well as caring for the environment and caring for the family member who is dependent.
In these cases an attorney might be able to provide receipts, bills and other proof of the value of these items. They can also hire experts to testify regarding the worth of these damages.
The value of these damages could vary significantly based on the circumstances surrounding the accident and the particular needs of the victim. A jury will typically take into consideration a variety of factors when determining an award for economic damages.
Some examples of these damages could include:
The two most painful things that happen in life are suffering and pain
The award is typically awarded to victims of serious accidents who are suffering physical or emotional injuries as a result of the accident. The awards can be minor (a few dollars for suffering) or even substantial (millions in the case of wrongful death).
Emotional distress
This kind of compensation compensates victims for emotional trauma caused by an injury. This can include anxiety, depression and loss of enjoyment.
Disfigurement
This can be given to an injured person who is permanently damaged due to the accident. This can be costly since many people require surgery and other treatments to correct or remove imperfections.
Loss of companionship or consortium
The purpose of this damages award is to provide compensation for the loss suffered by a loved person due to the loss. This is particularly important for those who have dependents or children.
The awarding of non-economic damages is an independent part of the legal system from economic damages, and is much more rare. While they may be subject to a higher burden of evidence in the case of non-economic damages, they are more difficult to value and are not subject to the same restrictions as economic damages.
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