For any accident, damages will be the factor that will decide the amount you can recover for your losses caused by the accident. Whether it is a slip and fall accident, or a motorcycle accident or any other accident, when you file a lawsuit to claim money, the prime importance will be given for the damages incurred because of the accident. Therefore, if you are planning to file a lawsuit to claim money in case of an accident, you should be aware of different damages that you can claim for.
There are two types of damages namely, compensatory damages and punitive damages. The compensatory damages deal with providing monetary compensation to the victim, while the punitive damages are for punishing the defendant for his/her wrongful act. You can consult accident injury lawyers to find out which all damages are applicable to your case.
In this article, we concentrate on compensatory damages to help you to file a lawsuit to claim money for your losses. A personal injury lawyer will help you to determine the amount for each loss, and to decide on a final amount to claim. Following are the common compensatory damages that you have to be aware of:
You will be entitled to get reimbursement for the medical bills associated with the accident. You can also claim money for future treatments for the damages caused by the accident.
Loss of income
You can get compensation for your lost salary and wages caused by the impact of the accident. It is also possible to claim money that you could have earned in the future if it were not for the accident. The damage associated with future income is characterized as “loss of earning capacity” of the victim.
If the accident caused any damages to your vehicle or any other property, then you will get reimbursement for repairing them or a compensation for the property that was lost based on the fair market value.
Pain and suffering
The accident may cause injuries to the victims and they might experience trauma or emotional distress because of the accident. All of this will come under the pain and suffering. You can recover money for them also.
Loss of enjoyment
If the accident prevented you from indulging in day-to-day activities like exercise, hobbies or any other recreational activities, then you have the right to recover money for “loss of enjoyment” damages.
Loss of consortium
The “loss of consortium” damages are to deal with the impact that the injuries caused by the accident have on the relationship between the victim and the family members.