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Types of Personal Injury Compensation

You could be eligible for compensation if suffered an injury due to inattention or wrongdoing by another person. Speak with an attorney who specializes in personal injury law firm injury near you to learn more about the possible damages you can receive.

In personal injuries, there are two types of damages that can be sustained in the form of economic and non-economic. This article will explore 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 compensation for their losses. These can include medical expenses along with lost wages and property damage.

These kinds of injuries can often be very expensive, particularly if there are serious injuries. Because they require an extensive medical treatment. As they recover, victims may require prescription medication or mobility equipment.

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

Other common forms of economic damages in personal injury cases include loss of earnings and future earnings. This is due to the fact that victims could be out-of-work for a period of weeks, months or even for years following an accident. In this case the compensation amount should reflect the amount the victim would have earned had they not been in a position to work.

A person who is disabled or has lost loved ones as a result of an accident may be entitled to damages for life-care services. These could include home health care, nursing and physical therapy, among others.

Many people require assistance in the same areas they did before their accident. These may include household chores, driving a vehicle, taking care of the environment, and even providing care for someone in the family who is dependent.

An attorney might be able to provide receipts, bills, or other evidence to prove the cost of these items in these cases. They can also engage experts to testify on the value of these damages.

These damages can be valued differently based on the specific needs of the victim and the circumstances surrounding the accident. A jury will typically consider many factors when awarding economic damages.

These damages could include:

The two most painful things in this world are suffering and pain

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 may be small (a few dollars for suffering) or substantial (millions in a case of wrongful death).

Emotional distress

This kind of compensation compensates victims of emotional stress that is caused by an injury. It covers things like anxiety, depression and a loss of pleasure in life.

Disfigurement

An injured person who has been permanently damaged by an accident may be eligible for this. This can be costly since many people require surgery or other procedures to correct or eliminate the disfigurements.

Loss of companionship and consortium

This damages award is designed to compensate the loss of a loved one because of the accident. This is especially important if the victim has children or other dependents.

Non-economic damages are a distinct part of the legal system apart from economic damage and is more rare. While they can have a higher burden of evidence in the case of non-economic damages, they are more difficult to assess and are not subject to the same limitations as economic damages.