Financial Damages in Personal Injury Cases

Financial damages in personal injury cases can include many different things. It is important to contact a law firm, like ours, so we can use our expertise to help you adequately calculate damages. Compensation awarded a plaintiff in a personal injury case is called “damages”. Damages can be split into two basic categories, compensatory damages and punitive damages.

Compensatory damages compensate a plaintiff for actual sustained losses. Sometimes they are broken down even further into additional subcategories of losses such as special and general damages. Compensatory damages would cover things like vehicle repairs, lost income, medical expenses, “pain and suffering”, loss of the ability to physically perform certain tasks and other things.

Punitive damages can be awarded in addition to compensatory damages in certain situations. Punitive damages punish a defendant for engaging in incredibly irresponsible and harmful behavior. They can also be used to deter the defendant and others from engaging in similar conduct.

Financial damages you could be compensated for include:

• Medical expenses resulting from an injury
• The estimated cost of future medical expenses
• Past lost wages and the loss of future wages
• Pain and suffering
• Emotional distress
• Cost to repair or replace property (fix your car, replace your motorcycle, etc.)
• Rental car expenses
• Funeral expenses
• Many other types of expenses – Contact us to discuss your unique injury accident situation

In a personal injury case, you can’t just ask for whatever amount of money that pops into your head, it must be justified. Whatever compensation you are entitled to is determined by the extent of your injuries, the underlying circumstances of the accident and other factors. We have helped numerous clients properly estimate damages and successfully settle cases out of court.

Properly justifying damages will lead to a more successful outcome even if your case ends up in front of a judge or jury. We will help you make sure everything is documented and justified, and that nothing is forgotten. Contact us for a free consultation.

Contact our offices for a free consultation. Mike will personally evaluate your case and make recommendations.