Types of Personal Injury Compensation
You may be eligible for compensation if sustained an injury due to the negligence or wrongdoing of a third party. Talk to an attorney for personal injuries near you to find out more about the damages you may be entitled to.
There are two main types of damages that can be awarded in personal injury cases including economic and non-economic damages. This article will explore these two categories and explain how they affect the amount you're entitled to for compensation.
Economic Damages
A person may be entitled to financial compensation after being injured in an accident. These may include medical bills, lost wages, and property damage.
Most of the time, these types of damage can be very costly particularly in the case of serious injuries. This is because they require intensive treatment. When they recover, patients may need to pay for mobility equipment or prescription medications.
These costs can quickly accumulate and it is crucial to keep receipts. Having these receipts can help you prove the true cost of your losses and boost the value of your compensation.
In personal injury cases, the loss of wages and future income are among the most common forms of economic damage. This is due to the fact that a victim could be out of work for weeks, months or even years following an accident. In personal injury law firm muncie awarded should reflect the amount that the victim could have earned had they not been unable to work.
A victim who is disabled or lost a loved one as a result of an accident could be entitled to compensation for life-care services. These services include nursing, home health and physical therapy.
Many people also require help doing the things that they used to do before their accident. These may include household chores, driving a vehicle, taking care of the outdoor, and taking care of an individual in the family who is dependent.
An attorney could be able to provide receipts or bills, as well as other evidence to demonstrate the value of these items in these cases. They may also engage experts to testify on the value of these damages.
These damages may be valued differently based upon the specific requirements of the victim as well as the circumstances that led to the accident. A jury typically takes into consideration several factors when determining the amount of damages.
Examples of these damages could be:
The two most painful things in this world are pain and suffering.
The award is typically awarded to those injured in serious accidents who are suffering physical or emotional injuries as a consequence of the accident. The awards can range from relatively small (a small amount of money for pain and suffering) to massive sums of money (millions of dollars in a case of wrongful death).
Emotional distress
The type of damages mentioned above is designed to compensate for the emotional stress an accident causes to the victim. It can include things like anxiety, depression and a loss of pleasure in life.
Disfigurement
A person who is injured and has been permanently damaged by an accident can receive this. This can be very expensive since many people require surgery and other treatments to repair or remove disfigurements.
Loss of companionship and consortium
The purpose of this award is to provide compensation for the loss suffered by someone you love due to the loss. This is especially relevant for those who have dependents or children.
Non-economic damages are an independent part the legal system from economic damage and is significantly less common. While they may be subject to the burden of proof higher and are more difficult to prove, non-economic damages are generally more difficult to assess and are not subject to the same limitations as economic damages.