Types of Personal Injury Compensation
If you've suffered an injury because of the negligence or misconduct of another party you could be entitled to compensation. Find out about personal injury law firm torrance of damages you can get by speaking with an attorney who specializes in personal injury near you.
In personal injury cases there are two kinds of damages that can occur both economic and non-economic. This article will examine these two categories and explain how they impact the amount you're entitled to for compensation.
Economic Damages
A person could be entitled to financial damages should they be injured in an accident. These damages could include medical expenses, lost earnings and property damage.
These kinds of injuries can be extremely expensive, particularly if there are serious injuries. Because they require extensive medical treatment. In addition to hospitalization, victims could be required to pay for prescription medication and mobility equipment while they recover.
The cost of these expenses can be astronomical quickly, so it is critical to keep receipts for them. Having these receipts will allow you to prove the true amount of your losses as well as increase the value of your compensation.
In personal injury cases, loss of wages and future income are typical types of economic losses. This is due to the fact that victims could be out of work for a period of weeks, months or even for years following an accident. In this case 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 lost loved ones because of an accident may be entitled to compensation for life-care services. These could include home health care, nursing and physical therapy in addition to other services.
Many people need assistance with the same tasks that they did prior to their accident. These include house chores, driving a vehicle taking care of the outdoors and taking care of a dependent family member.
In these instances an attorney may be capable of providing receipts, bills as well as other evidence of the cost of these items. They can also hire experts to testify to the worth of these damages.
The amount of these damages may vary in a wide range depending on the circumstances surrounding the accident and the particular needs of the victim. A jury will typically consider various factors when determining damages.
Examples of these damages could be:
Pain and suffering
This award is usually given to those who have suffered serious injuries who are suffering physical or emotional injuries as a consequence of the accident. These awards could be small (a few dollars for suffering) or huge (millions in the event of wrongful death).
Emotional distress
This kind of compensation compensates victims for emotional stress caused by an injury. This includes anxiety, depression and loss of enjoyment.
Disfigurement
A person who is injured and is permanently damaged as a result of an accident could be eligible for this. This can be costly as many people require surgery and other treatments to fix or remove disfigurements.
Loss of friendship and consortium
This damages award is designed to compensate for the loss of the loved one as a result of the accident. This is especially relevant for victims who have dependents or children.
Non-economic damages are a distinct element of the legal system, distinct in comparison to economic damages and are much less common. Non-economic damages may be subject to a greater burden of proof, but they are generally more difficult to value than economic damages, and they are not subject the same restrictions.