When you suffer injuries in a car accident, you have immediate needs to recover from the physical and emotional trauma you experience. Unfortunately, you may also experience financial troubles that you would like to remedy as quickly as possible.
Seeking compensation for your injuries is vital. And in personal injury law, you may recover two different types of compensation for your damages, including economic and non-economic. Below, we will help you understand what they mean and how they can impact your claim.
When you seek economic compensation, you’re recovering the money you have spent or lost due to your injuries sustained in a car accident. For instance, economic compensation can cover your medical bills and lost income arising from someone else’s negligent actions. Economic compensation can also help you cover your property damage.
Typically, you have ways to prove your economic losses. For instance, you can show paystubs to claim lost income. You can show exactly how much you should recover, but it helps to have a lawyer who can position your rights favorably.
Non-economic compensation can cover your pain and suffering. It’s more difficult to file a claim for non-economic damages, so it usually helps to have a lawyer show the true value of your losses. Working with a lawyer can help you recover from your emotional trauma and ongoing suffering.
In some cases, you may be able to recover punitive damages. You must show that the person responsible for your injuries acted with malice when causing your damages. Punitive damages work to punish the defendant and deter others from acting in a similar manner.
Our Los Angeles car accident lawyers at KJT Law Group go above and beyond to help you seek the most favorable outcome possible. We are here to help you understand your options while seeking maximum compensation when you need it most. Trust that we’ll be your voice.