Types of Personal Injury Compensation
You could be entitled to compensation if you suffered an injury due to inattention or wrongdoing by another party. Learn more about the types of damages that you can receive by speaking with a personal injury attorney near you.
There are two major types of damages that can be awarded in personal injury lawsuits: economic and non-economic damages. This article will explore these categories and explain how they may impact the amount of compensation you're entitled to recover.
Economic Damages
A person may be entitled to financial damages when they are injured in an accident. These could include medical costs, lost wages, and property damage.
These kinds of damages can be extremely expensive, particularly if there are serious injuries. Because they require intensive medical treatment. In addition to hospitalization, patients may need to pay for prescription medication and mobility aids as they recover.
These expenses can quickly grow It is therefore essential to keep receipts. Having personal injury lawsuit knoxville can help you prove the true value of your losses and boost the value of your compensation.
Other types of economic damages in personal injury cases are loss of earnings and future earnings. This is due to the fact that a victim could be out of work for weeks, months, or years after an accident. In these situations the victim should be compensated the amount they could have earned if they were able to work.
A victim who is disabled or has lost a loved one as a result of an accident could be entitled to compensation for life-care services. These services include nursing, home health and physical therapy.
Many people also need assistance doing the things that they used to do before their accident. These include household chores driving a vehicle, caring for the outdoors, and providing care for the family member who is dependent.
An attorney might be able to provide receipts and bills or other evidence to prove the cost of these items in these instances. They may also hire experts to testify on the worth of these damages.
The value of these damages can vary widely depending on the circumstances surrounding the accident and the victim's specific needs. A jury typically takes into consideration several factors when determining the amount of damages.
Some examples of these damages could be:
Pain and suffering
The award is typically awarded to those injured in serious accidents who have suffered physical or emotional injuries as a result of the accident. These awards can range from minor (a couple of dollars for pain and suffering) to massive sums of money (millions of dollars in a wrongful death case).
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
A person who is injured and is permanently damaged as a result of an accident may receive this. This can be costly as many people require surgeries and other treatments to correct or remove the disfigurements.
The loss of companionship and the consortium
The purpose of this damages award is to compensate for the loss of loved ones due to the loss. This is particularly relevant when the victim has children or other dependents.
Non-economic damages are a separate element of the legal system, distinct as is economic damage, and are much less common. While they may be subject to an additional burden of proof in the case of non-economic damages, they are more difficult to determine and are not subject to the same limitations as economic damages.