Most personal injury lawyers waterloo will advise that most damage awards are classified as “compensatory,” meaning that they are intended to compensate the injured party for what was lost due to the accident or injury in question. Compensatory damage award is meant to make the injured party “whole” again from a financially speaking (to what ever extent possible). This means trying to put a dollar amount on all the consequences as a result of an accident. Some compensatory damages are fairly easy to put into dollars – for instance, reimbursement for property damage and medical fees. However, it’s more difficult to place a monetary value on pain and suffering or the inability to enjoy hobbies because of physical limitations caused by accident-related injuries persisting.
Here’s a list of different types of compensatory damages that are common in many personal injury cases.
Medical treatment. Personal injury damages award almost always includes the cost of medical care associated with the accident — reimbursement for treatment you’ve already received and compensation for the estimated cost of medical care you’ll need in the future because of the accident.
Income. You may also be entitled to be compensated for how the accident impacted your salary and wages — not just what you’ve already lost but also the money you would have made in the future had you not been in an accident. Personal injury lawyers waterloo use legalese, to describe a damage award based on future income as “loss of earning capacity.”
Property and vehicle loss. If any vehicles, clothing, or other items were damaged as a result of the accident, you are likely to receive reimbursement for repairs or compensation the fair market value of the property that was destroyed.
Pain and suffering. You may be entitled to get compensation for pain and discomfort you suffered during the accident and following it – aas well as any ongoing pain that can be attributed to the accident. Talk to your personal injury lawyer waterloo about how to document your pain and suffering.