Types of Personal Injury Compensation
You could be entitled to compensation if you suffered an injury due to negligence or the wrongdoing of another party. Talk to an attorney for personal injuries near you to find out more about the possible damages you can receive.
In personal injuries there are two kinds of damages that can occur that are non-economic and economic. This article will examine these categories and explain how they may impact the amount of compensation you're entitled to receive.
Economic Damages
A person could be entitled to financial damages when they are injured in an accident. These damages could include medical expenses, lost earnings and property damage.
In most cases, these types damages can be extremely costly particularly in the case of serious injuries. This is due to the fact that they require extensive treatment. After recovering, patients might need to pay for prescription medication or mobility equipment.
These expenses can quickly grow and it is crucial to keep receipts. These receipts can help you establish the value of your losses and increase your compensation.
In personal injury cases, lost wages and future income are typical types of economic losses. This is because victims may be out of work for a number of months, weeks and even years after an accident. In these cases, the victim should receive the amount they would have earned if they were able to work.
A victim who is disabled or lost a loved one because of an accident may be entitled to compensation for life-care services. These include home health, nursing and physical therapy.
Many people also require assistance in the activities they did prior to their accident. This could include household chores, driving as well as taking care of the outdoors and even providing care for the family member who is dependent.
An attorney might be able to provide receipts bills, receipts, or other evidence to show the value of these items in these instances. They can also engage experts to testify on the worth of these damages.
These damages may be valued different based on the particular needs of the victim and the circumstances surrounding the incident. Typically, personal injury lawsuit lowell will take into consideration a variety of factors when making an award of economic damages.
Examples of these damages could be:
Pain and suffering
This award is usually awarded to those who have suffered serious injuries who are suffering physical or emotional injuries as a consequence of the accident. The awards can be minor (a few dollars for suffering) or even substantial (millions in the event of wrongful death).
Emotional distress
This type of damage compensates victims for emotional stress caused by an injury. This includes depression, anxiety, and loss in enjoyment.
Disfigurement
An injured person who is permanently damaged as a result of an accident can receive this. This can be costly since many people require surgery and other procedures to correct or eliminate disfigurements.
Loss of the consortium and companionship
The purpose of this damages award is to provide compensation for the loss suffered by a loved person due to the loss. This is especially important for those who have children or other dependents.
Non-economic damages are a separate part of the legal system that is distinct as is economic damage, and are significantly less common. Non-economic damages can be subject to a greater burden of proof, but they are usually more difficult to assess than economic damages, and they are not subject the same restrictions.