If someone is injured as a result of a car accident, slip-and-fall accident or premises liability, then they may be entitled to damages. Damages can help a victim cover certain financial expenses caused by the liable party.
A successful personal injury case could help a victim recover both economic and non-economic damages. To recover maximum compensation, it can help to understand what type of damages victims could recover from a successful personal injury claim. Here is what you should know:
What type of actual financial losses (economic damages) can I recover?
Economic damages are financial losses that the victim may have suffered as a result of their personal injury. Economic damages often come in the form of medical bills and lost wages or income. For example, a common type of economic damage includes medical bills. A victim may be given a medical bill for an ambulance ride, hospital stay, surgery, medical equipment use, medication or in-home care. The loss of income may affect the victim’s life in other ways, such as limiting their ability to pay obligations like a mortgage or rent, buy groceries, support their family, and other financial obligations. These are all economic damages which are payable and can be recovered through an injury claim.
What type of pain and suffering claims (non-economic damages) can I recover?
Non-economic damages are paid for a victim’s pain and suffering, both before settlement and what is reasonably anticipated after settlement. A victim can also recover non-economic damages for mental anguish and pain, disfigurement, the loss of companionship, loss of enjoyment of life and long-term physical conditions.
It can help to reach out for legal guidance to learn about compensation options and how to aggressively pursue you legal rights.