What Are Economic Damages in a Personal Injury Case?
April 12, 2021 • Uncategorized
Any person who sustains an injury caused by the careless or negligent actions of another individual, business, or entity deserves compensation for their losses. However, securing compensation in a personal injury case can be challenging. Before even attempting to recover compensation, it is crucial for injury victims to understand that there are various types of damages in these cases. In particular, economic damages and non-economic damages are frequently referred to in these situations. Here, we want to specifically discuss economic damages in a personal injury case.
What Types of Special Damages are Available?
Economic damages are also referred to as “special damages,” and this refers to the monetary losses a personal injury victim experiences that are negatively calculable. What we mean by this is that injury victims and their attorneys are able to gather up documents needed to prove these specific types of losses.
Some of the main types of economic damages that are recoverable in the aftermath of someone sustaining a personal injury include the following:
- Emergency room or hospital bills
- Follow up doctor’s office visits
- Physical therapy and rehabilitation costs
- Prescription medication costs
- Medical device coverage
- Lost income if a victim cannot work
- General household out-of-pocket expenses
- Property damage expenses (if applicable)
What Evidence is Needed to Prove Economic Damages?
As we mentioned above, economic damages are relatively calculable. A personal injury victim or their attorney will gather up various types of evidence in an effort to prove any economic loss. In these cases, the proof will come in the form of all medical bills that a person receives. This can include bills from the hospital, doctor’s office, EMS services, chiropractic visits, lab testing bills, and more. Reimbursement for medical costs after a personal injury will typically begin on the day the accident occurs and can extend into the future to cover expected medical costs until a person reaches maximum medical improvement.
Additionally, when working to prove lost wages, injury victims and their attorneys will need to gather all proof of lost wages. This can include previous pay stubs, W2s, 1099s, tax returns, and more. An employer can also provide documentation stating the days that the injury victim was unable to work due to their injury.
Finally, if an injury victim incurs any out-of-pocket losses, they need to keep the receipts. This can include the costs of rental cars, parking fees, fuel, household expenses, and any other cost that the injury victim incurred that they would not otherwise have paid if the injury did not happen.
How is This Different From Non-Economic Damages?
As we mentioned briefly above, economic damages are not the only types of losses that a person can recover after sustaining an injury. In many personal injury cases, non-economic damages are also available. These are different from economic damages in that they are not as easily calculable. That is because this typically refers to the types of losses a person sustains that do not come with bills or receipts, including pain and suffering damages, emotional distress, scarring and disfigurement damages, etc.
Personal injury lawsuits will usually pursue both economic damages and non-economic damages in the same claim. Please work with a skilled Miami personal injury lawyer if you or someone you love has been injured due to the negligence of somebody else. An attorney will be able to properly calculate all total expected losses and move forward on behalf of the injury victim.