Types of Personal Injury Compensation
You may be entitled to compensation if you suffered an injury as a result of negligence or the wrongdoing of another person. Learn more about the types of damages you can get by speaking with an attorney who specializes in personal injury near you.
There are two major kinds of damages that could be awarded in personal injury lawsuits: economic and non-economic damages. This article will go over these two categories and explain how they can affect the amount you're entitled to for compensation.
Economic Damages
If a person is injured in an accident, they may be entitled for financial damages. This could include medical expenses along with lost wages and property damage.
Often, these kinds of damage can be very costly especially in the event of serious injuries. Because they will require intensive medical treatment. In addition to hospitalization, victims may have to pay for prescription drugs and mobility equipment as they recover.
These expenses can quickly grow This is why it is essential to keep receipts. The receipts you keep can help you prove the true value of your losses, and also increase the value of your compensation.
In personal injury cases, loss of wages and future income are among the most common types of economic damages. This is because the victim could be out of work for a number of months, weeks or even for years following an accident. In this scenario the award of compensation must reflect the amount the victim would have earned had they not been in a position to work.
personal injury law firm round rock who is disabled or has lost loved ones because of an accident may be entitled to compensation for life-care services. These can include nursing, home health, and physical therapy services and many more.
Many people require help with the same tasks they did before their accident. This could include household chores, driving and taking care of the outdoor, and taking care of someone in the family who is dependent.
An attorney could be able to provide receipts bills, receipts, or other evidence to show the value of these items in these instances. They may also engage experts to testify about the worth of these damages.
The amount of damages awarded can be determined different based on the particular requirements of the victim as well as the circumstances surrounding the incident. Typically, a jury will consider a wide range of factors when making an award for economic damages.
Examples of these damages could include:
Pain and suffering
This is typically awarded to victims of severe accidents who have suffered emotional or physical injuries as a result of the accident. These awards can be very minor (a few dollars for suffering) or huge (millions in a case of wrongful death).
Emotional distress
This type of damage compensates victims for emotional stress caused by an injury. This includes anxiety, depression, and loss in enjoyment.
Disfigurement
It can be given to the person who has been injured and has suffered permanent disfigurement because of the accident. It is a costly procedure, as many people need procedures and other treatments in order to fix or remove disfigurements.
The loss of companionship and the consortium
The purpose of this award is to help compensate for the loss of a loved person due to the loss. This is especially crucial for victims who have children or dependents.
Non-economic damages form a distinct element of the legal system, distinct as is economic damage, and are far less frequent. Non-economic damages can be subject to a higher burden of proof, however they are usually more difficult to value than economic damages and aren't subject the same restrictions.