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Types of Personal Injury Compensation

If you've been injured due to another party's negligence or wrongdoing you could be entitled to compensation. Contact a personal injury lawyer near you to learn more about the damages you could receive.

There are two primary types of damages that may be awarded in personal injury lawsuits that are non-economic and economic damages. This article will explore these categories and discuss how they could impact the amount of compensation you are entitled to receive.

Economic Damages

A person could be entitled to financial damages should they be injured in an accident. These may include medical bills along with lost wages and property damage.

These kinds of injuries are often very expensive, especially if they are serious injuries. Since they require intensive medical treatment. In addition to hospitalization, the victims could be required to pay for prescription medicines and mobility aids as they recover.

These expenses can mount up quickly, so it is crucial to keep receipts for them. These receipts can help you establish the true amount of your losses and boost the value of your compensation.

In personal injury cases earnings and future income are typical types of economic losses. This is because a victim might be out of work for weeks, months, or years after an accident. In this instance, the compensation award should reflect the amount that the victim would have earned if they were not disabled from working.

If someone is disabled or a family member passes away in the aftermath of an accident, the victim may be entitled to compensation for services related to life. These include nursing, home health, and physical therapy.

Many people also require help doing the things that they did prior to their accident. These include household chores driving a car taking care of the outdoors, and providing care for family members who are dependent.

In these cases the attorney might be competent to provide receipts and bills, and other proof of the cost of these items. They can also employ experts to testify regarding the value of these damages.

The amount of damages awarded can be determined differently depending on the specific needs of the victim and the circumstances surrounding the accident. A jury will typically examine a range of factors when determining an award of economic damages.

Some examples of these damage could include:

Pain and suffering

This is usually given to those who have suffered from severe accidents who have suffered physical or emotional injuries due to the accident. The awards can range from relatively small (a few dollars for suffering and pain) to massive sums of money (millions of dollars in a case of wrongful death).

Emotional distress

The type of damages mentioned above is aimed at compensating the emotional trauma that an accident causes to a victim. It includes things like anxiety, depression and a loss of enjoyment in life.

personal injury lawsuit pharr  injured person who has been permanently damaged by an accident could be eligible for this. It is a costly procedure, as many people need surgery and other treatments to fix or remove disfigurements.

The loss of companionship and the consortium

The purpose of this award is to compensate the loss of loved ones in the event of an accident. This is particularly crucial 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 much less common. While they may be subject to an additional burden of proof, non-economic damages are usually more difficult to determine and are not subject to the same restrictions as economic damages.