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Types of Personal Injury Compensation
If you suffered an injury due to the negligence of another person or their wrongdoing you could be entitled to compensation. Consult an attorney who handles personal injury cases near you to learn more about the damages you could receive.
In personal injury cases, there are two types of damages that can be sustained in the form of economic and non-economic. This article will go over the two categories and explain how they can affect the amount you are entitled for compensation.
Economic Damages
If someone is injured in an accident, they may be entitled to financial compensation. These damages can include medical expenses, lost earnings, and property damage.
These types of damages can be expensive, especially when there are serious injuries. This is because they will require intensive treatment. As they recover, victims may need to pay for prescription medication or mobility equipment.
These expenses can quickly grow It is therefore essential to keep receipts. Having these receipts can help you prove the true value of your losses and increase the value of your compensation.
Other common types of economic damages in personal injury cases involve lost wages and future income. This is due to the fact that the victim may be without work for a period of weeks, months or even years after an accident. In this situation the compensation amount must reflect the amount the victim could have earned had they not been unable to work.
If personal injury attorneys carlsbad is disabled or a family member passes away in the aftermath of an accident, the victim may be able to claim damages for the services they received in life. These include nursing, home health, and physical therapy.
Many people also require assistance doing the things that they did prior to their accident. This could include household chores, driving a vehicle and taking care of the outdoor, and providing childcare for the family member who is dependent.
In these situations an attorney may be competent to provide receipts and bills as well as other evidence of the cost of these items. They can also employ experts to testify regarding the value of these damages.
The value of these damages could vary in a wide range depending on the circumstances surrounding the accident and the specific needs of the victim. Typically, a jury will examine a range of factors when making an award of economic damages.
Some examples of these damages might include:
Pain and suffering
This is typically granted to victims of serious accidents who suffer emotional or physical injuries due to the accident. These awards may be small (a few dollars for suffering) or huge (millions in the event of wrongful death).
Emotional distress
This type of damages compensates victims for emotional trauma caused by an injury. It covers things like anxiety, depression and a loss of pleasure in life.
Disfigurement
This is a gift to someone who is injured and has suffered permanent disfigurement because of the accident. This can be costly as many require surgery and other procedures to correct or eliminate the disfigurements.
Loss of companionship or consortium
The damages award is intended to compensate the loss of the loved one as a result of the accident. This is especially crucial for victims who have children or dependents.
Non-economic damages are a separate element of the legal system, distinct in comparison to economic damages and are significantly less common. While they may be subject to a higher burden of proof in the case of non-economic damages, they are more difficult to value and are not subject to the same limitations as economic damages.
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