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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 party. Speak with an attorney for personal injuries near you to find out more about the potential damages you could be awarded.

There are two main categories of damages that can be awarded in personal injury lawyer injury lawsuits (austin-tran.federatedjournals.com): economic and non-economic damages. This article will discuss the two categories and explain how they can affect the amount you are entitled for compensation.

Economic Damages

A person could be entitled to financial damages when they are injured in an accident. These damages can include medical expenses, lost earnings, and property damage.

These kinds of damages can be extremely expensive, especially if they are serious injuries. This is because they require extensive treatment. After recovering, patients may require mobility equipment or prescription medications.

These expenses can quickly grow This is why it is essential to keep receipts. These receipts will help prove the true value of your losses and increase your compensation.

Other forms of economic damages in personal injury lawsuit injury cases are lost wages and future earnings. The reason for this is that victims can be out of work for weeks, months, and even years after an accident. In these cases the victim is entitled to the amount they could have earned if they had been able to work.

A victim who is disabled or lost loved ones because of an accident could be entitled to compensation for life-care services. These services include nursing, home health and physical therapy.

Many people need assistance with the same duties they did before their accident. These include house chores, driving a vehicle taking care of the outdoors and caring for a dependent family member.

An attorney might be able to provide receipts bills, receipts, or other evidence to show the value of these items in these instances. They may also hire experts to testify to the worth of these damages.

These damages may be valued differently based upon the specific needs of the victim and the circumstances that led to the incident. In general, juries consider a wide range of factors when determining an award for economic damages.

Examples of these damages might include:

Pain and suffering

This is usually given to those who are victims of serious accidents who suffer emotional or physical injuries due to the accident. The awards can be small (a few dollars for suffering) or substantial (millions in a case of wrongful death).

Emotional distress

This kind of damages are aimed at compensating the emotional trauma that an injury causes a victim. This includes anxiety, depression and a loss of enjoyment.

Disfigurement

An injured person who has been permanently damaged by an accident may receive this. This can be costly as many require surgery and other treatments to correct or eliminate imperfections.

Loss of companionship or consortium

The purpose of this damages award is to compensate for the loss of someone you love due to the loss. This is especially crucial for victims who have dependents or children.

Non-economic damages form a distinct element of the legal system, distinct from economic damage and is far less frequent. While they are subject to an additional burden of proof however, non-economic damages are typically more difficult to quantify and are not subject to the same limitations as economic damages.