Getting injured in an accident of any sort can have far-reaching effects throughout all aspects of your life. Some of these effects are financial, like substantial medical bills and lost time at work, while others are more personal, like effects on your mental health and limitations in your day-to-day life. When your injuries have been caused by someone else’s negligence, a personal injury claim can help you recover compensation for all of these things. Understanding the different types of damages available can help you figure out how much compensation you may be able to expect.
Economic Damages
Economic damages provide compensation for any losses you have suffered as a result of your injury that have a measurable financial value. Most commonly, this includes compensation for medical expenses related to your care and treatment. You may be entitled to compensation for the care you have already received, as well as care that you are likely to need in the future. Covered medical expenses may include hospital and ambulance bills, surgery, medication, therapy, rehabilitation, and assistive devices.
Economic damages can also cover any lost wages or income resulting from your injuries, including missed work time during your recovery and for decreased earning potential due to disability or disfigurement. If you suffered property damage in the same incident in which you were injured, you may also be entitled to compensation for those losses.
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