Types of Personal Injury Compensation
You may be entitled to compensation if you were injured due to negligence or wrongdoing of another party. Talk to a personal injury lawyer near you to find out more about the damages you could receive.
In personal injury cases there are two kinds of damages that can occur that are non-economic and economic. This article will go over these two categories , and also explain how they affect the amount you can claim for compensation.
Economic Damages
If a person is injured in an accident, they may be entitled for financial damages. These could include medical costs, lost wages, and property damage.
These types of damages can often be very expensive, particularly if there are serious injuries. This is because they require intensive treatment. In addition to hospitalization, patients could be required to pay for prescription drugs and mobility aids as they recover.
These expenses can mount up quickly, which is why it's essential to keep receipts for them. These receipts can help you prove the true worth of your losses and increase your compensation.
In personal injury cases wages and future income are common types of economic damages. This is because the victim could be out-of-work for months, weeks, or even for years following an accident. In this instance, the compensation award must reflect the amount the victim could have made if they weren't unable to work.
If someone is disabled or someone in the family dies as the result of an accident, the victim may be eligible to receive damages for services related to life. These services include nursing, home health and physical therapy.
Many people also require assistance to complete the tasks they used to do before their accident. This includes house chores, driving a vehicle taking care of the outdoors and caring for a dependent family member.
An attorney may be able provide receipts bills, receipts, or other evidence to prove the value of these items in these cases. They can also engage experts to testify about the value of these damages.
These damages can be valued different based on the particular requirements of the victim as well as the circumstances that led to the incident. In personal injury attorney fort smith , juries look at a variety of factors when determining an award for economic damages.
These damages could include:
The two most painful things in this world are pain and suffering.
This award is usually awarded to those injured in serious accidents who have suffered emotional or physical injuries as a result of the accident. These awards could be minor (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 injury can cause to the victim. It can include things like anxiety, depression and a loss of pleasure in daily life.
Disfigurement
It can be given to someone who is injured and has suffered permanent disfigurement by the accident. This can be very expensive, as many people need surgery and other treatments to correct or remove the disfigurements.
Loss of companionship and consortium
This damages award is designed to cover the loss of loved ones due to the accident. This is particularly crucial when the victim has children or other dependents.
Non-economic damages form a distinct part of the legal system that is distinct from economic damages and is significantly less common. Non-economic damages are subject to a higher burden of proof, however they are typically more difficult to determine than economic damages and are not restricted by the same rules.
