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Types of Personal Injury Compensation
You could be entitled to compensation if you suffered an injury due to the negligence or wrongdoing of a third party. Find out about the kinds of damages you may be awarded by speaking to a personal injury attorney near you.
There are two main categories of damages that can be awarded in personal injury lawsuits: economic and non-economic damages. This article will examine these two categories , and also explain how they can affect the amount you can claim for compensation.
Economic Damages
A person may be entitled to financial compensation after being injured in an accident. These could include medical costs as well as lost wages and property damage.
These types of damages are often very costly, especially if there are serious injuries. This is due to the fact that they require intensive treatment. In addition to being hospitalized, victims could be required to pay for prescription medication and mobility equipment as they recover.
personal injury attorney st charles can quickly accumulate This is why it is essential to keep receipts. These receipts will allow you to determine the true worth of your losses and increase your compensation.
In personal injury cases, the loss of earnings and future income are among the most common kinds of economic loss. This is because the victim could be out-of-work for a period of weeks, months and even years following an accident. In this scenario the award of compensation must reflect the amount the victim could have earned had they not been in a position to work.
A person who is disabled or has lost a loved one as a result of an accident could be entitled to damages for life-care services. These could include nursing home care, home health care and physical therapy and many more.
Many people require help with the same duties they had prior to their accident. This includes house chores, driving a car as well as caring for the environment and caring for the family member who is dependent.
An attorney might be able to provide receipts, bills, or other evidence to demonstrate the value of these items in these cases. They can also engage experts to testify to the value of these damages.
The amount of these damages may vary significantly based on the circumstances of the accident and the victim's specific needs. A jury will usually consider many factors when awarding economic damages.
Some examples of these damages could include:
The two most painful things in this world are suffering and pain
It is usually awarded to victims of severe accidents who have suffered emotional or physical injuries due to the accident. These awards can range from small (a couple of dollars for pain and suffering) to huge amounts of money (millions of dollars in a wrongful death lawsuit).
Emotional distress
This type of damage compensates victims for emotional stress caused by an injury. This includes anxiety, depression and a loss of pleasure.
Disfigurement
It can be given to an injured person who has been permanently disfigured due to the accident. This can be costly as many people require surgery or other treatments to correct or remove disfigurements.
Loss of consortium and companionship
This damages award is intended to help compensate for the loss of loved ones as a result. This is particularly important if the victim has children or other dependents.
The award of non-economic damages is a separate part of the legal system that is distinct from economic damages, and is more difficult to obtain. While they can have an additional burden of proof however, non-economic damages are typically more difficult to assess and are not subject to the same limitations as economic damages.