When it comes to a personal injury case, there are two basic forms of “damages” a client may recover: economic and non-economic damages. Unlike economic damages, which reimburse victims for their out-of-pocket losses resulting from the injury, non-economic damages compensate for non-monetary losses, which are not readily quantifiable.
So, what exactly are economic damages?
Economic damages are the compensation you can receive in place of any money you may have lost due to an accident. This may include:
Money to repair your car
Money to pay for household services that you are no longer capable of performing
Money for future economic losses (like wages you might have earned)
What are non-economic damages?
Non-economic damages are more abstract, and are often referred to as “pain and suffering.” The law on non-economic damages does not always make common sense and has been significantly limited in recent years. For instance, in a Florida car accident, the injured person must suffer permanent physical injury before even one dollar of any pain and suffering damages may be recovered.
Common examples of non-economic damages include:
The injury itself
Worsening of previous injuries
Disability or disfigurement
Pain and suffering
Emotional and mental distress
Loss of companionship or consortium
Losses related to one’s reputation
Loss of “enjoyment of life”
Together, economic and non-economic damages make up the available avenues for compensation after an accident. An experienced personal injury attorney will know how to evaluate the case to determine the appropriate compensation for each type of damages.
If you or a loved one has been in a car accident or other serious injury case, it is important to know your rights to all forms of damages. Milles Law is always there to help if you have questions. Give us a call toll-free at (855) 553-3310. Your Rights. Your Lawyer.