Types of Personal Injury Compensation
You could be qualified for compensation if suffered an injury as a result of the negligence or wrongdoing of a third party. Learn more about the types of damages you could get by speaking with a personal injury attorney near you.
In personal injury cases there are two kinds of damages that could occur that are non-economic and economic. This article will examine these two categories , and also explain how they affect the amount that you are entitled to for compensation.
Economic Damages
A person could be entitled to financial compensation should they be injured in an accident. These damages could include medical expenses, lost earnings, and property damage.
These types of damages are often very expensive, especially if they are serious injuries. This is because they require intensive treatment. After recovering, patients may have to pay for prescription medication or mobility equipment.
These expenses can quickly grow and it is crucial to keep receipts. Having these receipts can help you establish the true cost of your losses as well as increase the value of your compensation.
Other common types of economic damages in personal injury cases involve loss of earnings and future earnings. This is because a victim may be in a position of no work for months, weeks, or years after an accident. In this situation, the compensation award should reflect the amount the victim could have earned if they were not in a position to work.
If someone is disabled or someone in the family dies in the aftermath of an accident, the victim could be entitled to compensation for services related to life. These services include home health, nursing, and physical therapy.
Many people require help in the activities they did prior to their accident. This includes household chores, driving a car taking care of the outdoors and caring for the dependent family member.
In these cases, an attorney may be competent to provide receipts and bills and other proof of the cost of these items. They can also employ experts to testify to the value of these damages.
These damages are valued differently based on the specific needs of the victim and the circumstances surrounding the accident. A jury will typically look at a variety of factors when making an award of economic damages.
Some examples of these damages might include:
Pain and suffering
This is usually given to those who are victims of serious accidents who suffer emotional or physical injuries as a result of the accident. These awards can range from relatively small (a few dollars for pain and suffering) to huge sums of money (millions of dollars in a wrongful death lawsuit).
Emotional distress
This kind of compensation compensates victims for emotional stress resulting from an injury. This includes depression, anxiety and a loss of pleasure.
personal injury attorneys newport news who is injured and is permanently damaged due to an accident may be eligible for this. It is costly as many people require surgery or other treatments to correct or remove imperfections.
Loss of companionship and consortium
The purpose of this damages award is to compensate for the loss of the loved one as a result. This is particularly relevant if the victim has children or other dependents.
The award of non-economic damages is a distinct part of the legal system, distinct from economic damages, and is much more rare. While they can have the burden of proof higher in the case of non-economic damages, they are more difficult to assess and are not subject to the same limitations as economic damages.