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Types of Personal Injury Compensation

You could be entitled to compensation if you suffered an injury due to negligence or wrongdoing of another person. Consult a personal injury lawyer near you to find out more about the possible damages you can receive.

There are two major types of damages that may be awarded in personal injury lawsuits (https://vuf.minagricultura.gov.co/Lists/Informacin Servicios Web/DispForm.aspx?ID=8411396) which are economic and non-economic damages. This article will explore these categories and explain how they can impact the amount of compensation you are legally entitled to.

Economic Damages

When a person is injured in an accident, they could be entitled to economic damages. These damages can include medical expenses, lost earnings, and property damage.

Most of the time, these types of damages can be extremely costly particularly in the case of serious injuries. This is because they will require extensive treatment. In addition to hospitalization, the victims may need to pay for prescription drugs and mobility equipment once they recover.

These expenses can mount up quickly, which is why it's critical to keep receipts for these expenses. These receipts can help you demonstrate the true value of your losses as well as increase your compensation.

Other types of economic damages in personal injury lawsuits injury cases include loss of earnings and future earnings. This is due to the fact that the victim may be without work for a period of weeks, months or even years following an accident. In these situations, the victim should receive the amount they would have earned if had been able to work.

A victim who is disabled or has lost a loved one as a result of an accident could be entitled to damages for life-care services. These services include home health, nursing and physical therapy.

Many people require help doing the things that they used to do before their accident. These may include household chores, driving, taking care of the outdoors and providing childcare for the family member who is dependent.

In these situations an attorney might be in a position to provide receipts, bills, and other proof of the value of these items. They can also employ experts to testify to the value of these damages.

These damages are valued differently depending on the specific requirements of the victim as well as the circumstances that led to the accident. In general, juries consider a wide range of factors when determining an economic damages award.

Some examples of these damages could include:

Pain and suffering

This is typically given to those who are victims of serious accidents who have suffered physical or emotional injuries as a result of the accident. These awards could be small (a few dollars for suffering) or huge (millions in the case of wrongful death).

Emotional distress

This kind of damage is aimed at compensating the emotional trauma that an injury causes a victim. It covers things like anxiety, depression, and loss of enjoyment in daily life.

Disfigurement

It can be given to an injured person who is permanently damaged due to the accident. It can be very costly, as many people need surgeries and other treatments to fix or remove disfigurements.

The loss of companionship and the consortium

This damages award is meant to pay for the loss of loved ones as a result of the accident. This is particularly important for those who have children or dependents.

The awarding of non-economic damages is an independent part of the legal system, distinct from economic damages, and it is more rare. While they are subject to a higher burden of evidence and are more difficult to prove, non-economic damages are generally more difficult to assess and are not subject to the same limitations as economic damages.