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Types of Personal Injury Compensation

You may be qualified for compensation if suffered an injury as a result of the negligence or wrongdoing of a third party. Speak with a personal injury lawyer near you to learn more about the damages you could receive.

There are two major categories of damages that can be granted in personal injury cases that are non-economic and economic damages. This article will look at these categories and show how they could impact the amount of compensation you are entitled to.

Economic Damages

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

These kinds of injuries are often very expensive, especially if they are serious injuries. This is because they require intensive treatment. As they recover, victims may require prescription medication or mobility equipment.

The cost of these expenses can be astronomical quickly, so it is critical to keep receipts for these expenses. The receipts you keep will help you determine the true cost of your losses, and also increase the value of your compensation.

In personal injury cases, lost wages and future income are typical forms of economic damage. This is due to the fact that a victim could be without work for a period of weeks, months or even years following an accident. In this scenario the compensation amount must reflect the amount the victim could have earned if they had not been unable to work.

A person who is disabled or lost loved ones because of an accident may be entitled to damages for life-care services. These could include nursing, home health care and physical therapy, among others.

personal injury attorneys duluth  require assistance in the same areas they did prior to their accident. These may include household chores, driving as well as taking care of the outdoor, and even providing care for a dependent family member.

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

The value of these damages may vary significantly based on the circumstances surrounding the accident as well as the needs of the victim. A jury typically takes into consideration numerous factors when determining damages.

Some examples of these damage could include:

Pain and suffering

This award is typically given to those injured in serious accidents who are suffering physical or emotional injuries as a result of the accident. The awards can be minor (a few dollars for suffering) or even substantial (millions in the case of wrongful death).

Emotional distress

The type of damages mentioned above is designed to compensate for the emotional strain that an injury can cause to a victim. It covers things like anxiety, depression and loss of enjoyment in life.

Disfigurement

An injured person who is permanently damaged as a result of an accident could be eligible for this. This can be costly since many require surgery and other treatments to correct or eliminate disfigurements.

The loss of companionship and the consortium

The purpose of this award is to compensate the loss of a loved one due to the accident. This is particularly important when the victim has children or other dependents.

The award of non-economic damages is a separate part of the legal system as opposed to economic damages, and is much rarer. Non-economic damages are subject to a greater burden of proof, but they are often more difficult to assess than economic damages, and they are not subject the same restrictions.