Posted on Jun 12, 2020

Munley Law - Personal Injury Attorneys

Understanding damages in a personal injury case
How are damages determined in a personal injury case? What kinds of damages can I be compensated for?
Victims who were hurt by car crashes, truck collisions, workplace accidents, medical malpractice, asbestos exposure, or defective products can file lawsuits to recover for damages. The term “damages” refers to the amount of money that those victims are awarded to compensate for the financial losses, pain, and suffering that their injuries caused.

What Is the Difference Between Economic and Non-economic Damages?
They are two main types of damages in personal injury cases: economic damages and noneconomic damages.

Economic Damages can be thought of as the concrete financial costs caused by an injury. Examples of economic damages include the costs of medical treatments, procedures, medications, surgeries, and hospital stays, wage losses, loss of earning capacity, rehabilitation expenses, and other out-of-pocket expenses that relate to the injury. Economic damages are awarded for past costs that have already been incurred and for ongoing and future costs as well.

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