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Types of personal injury settlement (extra resources) Injury Compensation

If you've been injured due to the negligence or misconduct of another party or wrongdoing, you may be entitled to compensation. Speak with a personal injury lawyer near you to find out more about the damages you may be entitled to.

In personal injury legal injury cases, there are two types of damages that can occur: non-economic and economic. This article will explore these categories and explain how they could impact the amount of compensation you're entitled to.

Economic Damages

When a person is injured in an accident, they could be entitled to economic damages. These could include medical costs along with lost wages and property damage.

These kinds of injuries can be extremely expensive, particularly if there are serious injuries. This is due to the fact that they require extensive treatment. After recovering, patients may require prescription medication or mobility equipment.

These costs can quickly accumulate It is therefore essential to keep receipts. The receipts you keep will help you determine the true cost of your losses as well as increase the value of your compensation.

In personal injury attorneys injury cases, the loss of wages and future income are common types of economic losses. This is due to the fact that a victim could be without work for a period of months, weeks or even years after an accident. In these cases the victim must receive the amount they would have received if they had been able to work.

If a person is disabled or someone in the family dies due to an accident, the victim could be eligible to receive damages for services provided to the living. These services include home health, nursing and physical therapy.

Many people require help with the same tasks they did before their accident. These include house chores, driving a car, caring for the outdoors, and providing care for family members who are dependent.

In these cases an attorney may be capable of providing receipts, bills, and other proof of the value of these items. They can also engage experts to testify regarding the value of these damages.

These damages can be valued differently based upon the specific needs of the victim and the circumstances that led to the accident. Typically, a jury will consider a wide range of factors when determining an award for economic damages.

These damages could include:

The two most painful things in this world are pain and suffering.

This award is usually awarded to victims of serious accidents who have suffered emotional or physical injuries as a consequence of the accident. The awards can range from small (a small amount of money for suffering and pain) to massive amounts of money (millions of dollars in a case of wrongful death).

Emotional distress

This type of damages compensates victims of emotional stress that is caused by an injury. It can include things like anxiety, depression and loss of enjoyment in daily life.

Disfigurement

This could be given to the person who has been injured and has been permanently disfigured because of the accident. This can be costly because many people require surgeries and other treatments to correct or remove the disfigurements.

Loss of companionship and consortium

This damages award is designed to help compensate for the loss of loved ones as a result. This is particularly crucial in the case of children or other dependents.

Non-economic damages are a distinct part the legal system from economic damages and is far less frequent. Non-economic damages can be subject to a greater burden of proof, personal Injury settlement however they are often more difficult to determine than economic damages and aren't restricted by the same rules.