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Types of Personal Injury Compensation

If you suffered an injury as a result of an individual's negligence or wrongdoing, you may be entitled to compensation. Consult an attorney who specializes in personal injury near you to find out more about the possible damages you can receive.

There are two major types of damages that may be granted in personal injury settlement injury cases which are economic and non-economic damages. This article will go over these categories and explain how they might affect the amount of compensation you are entitled to receive.

Economic Damages

When a person is injured in an accident, they may be entitled to economic damages. These can include medical expenses loss of wages, property damage.

Most of the time, these types of injuries can be quite costly especially in the event of serious injuries. Because they will require an extensive medical treatment. In addition to being hospitalized, victims may need to pay for prescription medications and mobility aids as they recover.

These expenses can add up quickly, which is why it is critical to keep receipts for these expenses. These receipts will allow you to establish the worth of your losses and increase your compensation.

Other forms of economic damages in personal injury settlement injury cases are lost wages and future earnings. This is due to the fact that victims could be out of work for a period of weeks, months and even years following an accident. In these cases, the victim should receive the amount they would have earned if they were able to work.

If someone is disabled or the death of a family member occurs in the aftermath of an accident, the victim may be entitled to damages for the services they received in life. These include home health, nursing, and physical therapy.

Many people need assistance with the same duties they had prior to their accident. These could include household chores, driving a car as well as taking care of the outdoors and assisting the family member who is dependent.

In these situations the attorney might be capable of providing receipts, bills and other evidence of the cost of these items. They can also engage experts to testify on the value of these damages.

These damages can be valued different based on the particular requirements of the victim as well as the circumstances surrounding the accident. A jury will typically consider various factors when determining damages.

These damages could include:

Pain and suffering

This award is typically given to those who have suffered serious injuries who are suffering physical or emotional injuries as a result of the accident. These awards may be small (a few dollars for Personal injury compensation suffering) or large (millions in the event of wrongful death).

Emotional distress

This type of damages is designed to compensate for the emotional stress that an injury causes the victim. This can include anxiety, depression and loss of enjoyment.

Disfigurement

It can be given to someone who is injured and is permanently damaged by the accident. It is a costly procedure as many people require surgery or other treatments to fix or remove disfigurements.

Loss of companionship and consortium

The purpose of this damages award is to provide compensation for the loss suffered by loved ones due to the loss. This is especially important if the victim has children or other dependents.

Non-economic damages are a separate part of the legal system apart in comparison to economic damages and are more rare. Non-economic damages can be subject to a greater burden of evidence, but they are often more difficult to quantify than economic damages, and they are not restricted by the same rules.