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Types of Personal Injury Compensation

If you've suffered an injury due to the negligence of another person or their wrongdoing you could be entitled to compensation. Consult a personal injury lawyer near you to learn more about the possible damages you can receive.

In Personal injury lawyer injuries, there are two types of damages that could occur in the form of economic and non-economic. This article will go over these categories and discuss how they may impact the amount of compensation you're entitled to recover.

Economic Damages

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

Often, these kinds of damages can be extremely expensive, particularly in the case of serious injuries. This is because they require extensive treatment. In addition to being hospitalized, victims may have to pay for prescription medication and mobility equipment once they recover.

The cost of these expenses can be astronomical quickly, and it is essential to keep receipts for them. These receipts can help you determine the true worth of your losses and increase your compensation.

In personal injury cases, lost earnings and future earnings are the most common kinds of economic loss. This is because victims may be out-of-work for months, weeks, and even years after an accident. In these situations the victim is entitled to the amount they could have earned if they had been able to work.

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

Many people also require help in the activities they did prior to their accident. This includes household chores, driving a car taking care of the outdoors as well as taking care of the dependent family member.

In these situations an attorney may be able to provide receipts, bills as well as other evidence of the cost of these items. They may also engage experts to testify regarding the value of these damages.

The value of these damages can vary greatly based on the circumstances surrounding the accident and the victim's specific needs. A jury will usually consider various factors when determining damages.

These damages could include:

The two most painful aspects of life are suffering and pain

This is typically given to those who have suffered from severe accidents who have suffered emotional or physical injuries as a result of the accident. These awards can be very small (a few dollars for suffering) or large (millions in the case of wrongful death).

Emotional distress

This kind of damage is aimed at compensating the emotional stress that an accident causes to the victim. It covers things like depression, anxiety and a loss of enjoyment in life.

Disfigurement

This could be given to the person who has been injured and is permanently damaged as a result of the accident. It can be expensive as many people require surgery or other treatments to correct or eliminate the disfigurements.

Loss of consortium and companionship

This damages award is designed to pay for the loss of the loved one due to the loss. This is especially important in the case of children or other dependents.

Non-economic damages are an independent part the legal system as is economic damage, and are far less frequent. Non-economic damages may be subject to a greater burden of proof, but they are often more difficult to quantify than economic damages, and they are not subject to the same limitations as economic damages.