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Types of Personal Injury Compensation

If you suffered an injury because of the negligence or misconduct of another party you could be entitled to compensation. Learn more about the types of damages you can receive by speaking with an attorney for personal injury near you.

There are two primary types of damages that may be granted in personal injury cases that are non-economic and economic damages. This article will discuss these two categories and discuss how they impact the amount that you are entitled to for compensation.

Economic Damages

A person may be entitled to financial compensation after being injured in an accident. These damages can include medical expenses, lost earnings and property damage.

These types of damage can be costly, especially if there are serious injuries. This is due to the fact that they require extensive treatment. In addition to being hospitalized, victims may need to pay for prescription medicines and mobility equipment while they recover.

These expenses can quickly add up, so it is important to keep receipts. The receipts you keep will help you determine the true amount of your losses and increase the value of your compensation.

In personal injury cases, the loss of wages and future income are typical forms of economic damage. This is because the victim could be out of work for weeks, months, and even years after an accident. In this scenario the compensation awarded should reflect the amount that the victim could have made if they weren't unable to work.

A person who is disabled or has lost loved ones because of an accident could be entitled to compensation for life-care services.  personal injury law firm longmont  include nursing, home health and physical therapy.

Many people also require help doing the things they did prior to their accident. These include house chores, driving a vehicle, caring for the outdoors as well as taking care of family members who are dependent.

An attorney may be able provide receipts, bills, or other evidence to prove the cost of these items in these cases. They may also hire experts to testify to the value of these damages.

The amount of damages awarded can be determined differently depending on the specific needs of the victim and the circumstances surrounding the incident. Typically, a jury will look at a variety of factors when making an economic damages award.

These damages could include:

Pain and suffering

This award is typically given to those injured in serious accidents who have suffered emotional or physical injuries as a consequence of the accident. These awards can be very minor (a few dollars for suffering) or huge (millions in the case of wrongful death).

Emotional distress

This kind of compensation compensates victims for emotional trauma caused by an injury. It includes things like depression, anxiety and loss of enjoyment in daily life.

Disfigurement

This can be given to an injured person who is permanently damaged due to the accident. This can be very expensive because many people require surgeries and other treatments to fix or remove disfigurements.

Loss of companionship and loss of consortium

The purpose of this damages award is to provide compensation for the loss suffered by the loved one due to the loss. This is particularly important for those who have children or dependents.

The award of non-economic damages are a distinct part of the legal system from economic damages, and is more difficult to obtain. While they are subject to an additional burden of proof and are more difficult to prove, non-economic damages are generally more difficult to assess and are not subject to the same restrictions as economic damages.