Why Am I Compensated Based on My Loss?

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Put simply, “damages” is a legal expression for a given amount of money that someone rewarded in a personal injury lawsuit. Money can be awarded on the basis of compensating someone for their injury or to punish the defendant for their wrongdoing. Money that is awarded based on an injury is known as compensatory damages.

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You’ve been in an accident; a truck failed to yield and hit your SUV. You’re the sole provider for your family. The accident has left you with broken bones. The pain is manageable, but your mobility is really limited. The big problem? You work a physical job that requires manual labor, and your injury has forced you to take time off work. The bills are starting to pile up. Your relationship with your spouse is starting to suffer. You have trouble sleeping at night, replaying the accident in your head. You desperately need your life to return to normal as fast as possible. Monies awarded by punishing an entity for their negligence are punitive damages. An experienced truck accident attorney can help you evaluate the extent of each of these after your accident. Damages awarded to compensate you for your loss will play a vital role in helping you resume life after a truck accident.

Understanding Different Types of Damages in a Truck Accident Claim

Put simply, “damages” is a legal expression for a given amount of money that someone rewarded in a personal injury lawsuit. Money can be awarded on the basis of compensating someone for their injury or to punish the defendant for their wrongdoing. Money that is awarded based on an injury is known as compensatory damages. Monies awarded by punishing an entity for their negligence are punitive damages. An experienced truck accident attorney can help you evaluate the extent of each of these after your accident.

Damages by Definition

Monies awarded to you based on your injury or loss make sure you are taken care of after an accident has occurred. They are designed to bring your life “back to normal,” the way it was before your accident. Sound complex? It’s not. While the amount awarded for a case is determined by a complex puzzle of factors, the actual idea of compensatory damages is simple. By its definition, this is money that “compensates” you for the “damages” your injury has incurred. It is money that is rewarded in order to you return you to the quality of life you experienced before your accident. If you’ve been in an accident, Bill Green and the team at Green Law Firm will help you to claim the compensatory damages that you deserve!

Compensatory damages fall into two categories. Those that compensate for economic losses and those that compensate for losses that are non-economic.

Examples of economic losses include:

Medical Expenses

If you’ve been in a truck accident there is a good chance you have sought medical care for sustained injuries that can include:

  • Hospital bills
  • Physical therapy
  • Psychiatric/therapy care

Make sure to address money that might be needed to for future care stemming from your accident as well! If you will be in long-term physical rehabilitation, for example, Green Law Firm will make sure you are awarded to cover this.

Lost Wages

If you have been unable to work due to your sustained injury, damages are awarded to make up for this lost income.

Injury-Related Assistance

If your injuries require adjustments to the logistics of your life, the cost of these is covered in damages awarded. For example, home care workers needed to help you perform everyday tasks or physical adjustments you need to make to your space (adding in ramps, handicap-accessible devices, etc.) liveable.

Non-economic damages are often harder to prove and quantify. They cover the pain and emotional suffering incurred from an accident. An experienced team like the Green Law Firm can accurately capture the depth of your non-economic losses to assure you are awarded the maximum compensation possible!

Examples of non-economic compensatory damages include:

Pain and Suffering

It may feel distasteful to attach a make money off your pain. Put this fear to rest. This is a very standard practice in many personal injury cases. While money awarded cannot take away your pain, it can help you to ease the circumstances of your life affected.

Loss of Consortium

If your injuries have negatively impacted the personal relationship with your spouse or loved one, you may be eligible for damages. This includes your sexual relationship, intimacy or companionship has been affected by your accident.

Nothing can erase the pain and memory of your accident. As seasoned truck accident lawyers we understand the in’s and out’s of what is needed to make your case strong and impenetrable. We can’t turn back time, but we can work tirelessly to assure your future is as smooth as possible. If you have been in a truck accident, let us review your case at NO RISK to you! Remember, we are only compensated if you are rewarded! The team at Green Law Firm will handle your truck accident case with the care and respect it deserves. Call us at 888-800-2455 at any time or day of the week to begin.

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