10 Tell-Tale Signs You Need To Know Before You Buy Personal Injury Lawyer

Author : Schofield McBride | Published On : 24 Jun 2024

Types of Personal Injury Compensation

If you've suffered an injury as a result of the negligence of another person or their wrongdoing you could be entitled to compensation. Talk to personal injury lawsuit pueblo who specializes in personal injury near you to learn more about the damages you could receive.

In personal injury cases there are two kinds of damages that could occur that are non-economic and economic. This article will explore these two categories and discuss how they can affect the amount you can claim for compensation.

Economic Damages


If someone is injured in an accident, they may be entitled for financial damages. This could include medical expenses along with lost wages and property damage.

These kinds of damages can be extremely costly, especially if there are serious injuries. Because they require extensive medical treatment. In addition to hospitalization, the victims may have to pay for prescription medication and mobility equipment as they recover.

These expenses can quickly add up and it is crucial to keep receipts. 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, lost wages and future income are common kinds of economic loss. This is because a victim might be not working for months, weeks or even years following an accident. In this situation the compensation amount should reflect the amount the victim would have made if they weren't unable 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 could include nursing, home health care, and physical therapy services as well as other services.

Many people also require help doing the things they used to do before their accident. These include household chores, driving as well as taking care of the outdoors, and providing childcare for an individual in the family who is dependent.

In these situations, an attorney may be able to provide receipts, bills as well as other evidence of the value of these items. They can also employ experts to testify regarding the value of these damages.

These damages can be valued different based on the particular needs of the victim and the circumstances surrounding the accident. A jury will typically consider many factors when awarding economic damages.

Some examples of these damages could be:

Pain and suffering

This award is usually given to those injured in serious accidents who are suffering physical or emotional injuries as a result of the accident. The awards can range from minor (a couple of dollars for pain and suffering) to massive amounts of money (millions of dollars in a wrongful death lawsuit).

Emotional distress

The type of damages mentioned above is intended to alleviate the emotional stress that an injury can cause the victim. It can include things like anxiety, depression and a loss of enjoyment in daily life.

Disfigurement

This is a gift to someone who is permanently damaged by the accident. This can be costly since many require surgery and other procedures to correct or eliminate the disfigurements.

Loss of consortium and companionship

This damages award is intended to compensate for the loss of the loved one as a result. This is particularly important for victims who have children or dependents.

The award of non-economic damages is an independent part of the legal system, distinct from economic damages, and it is much more rare. Although they may have a higher burden of proof in the case of non-economic damages, they are more difficult to value and are not subject to the same restrictions as economic damages.