Today, our personal injury attorneys will identify the types of damages recoverable through personal injury claims and how more severe injuries can lead to higher financial compensation for victims and their families.
Asbury Park, NJ Injury Compensation Attorneys Identify Recoverable Damages
Before understanding how injury severity plays a role in financial compensation, it is first important to understand how personal injury compensation works overall. Your Asbury Park personal injury attorney may be able to find financial compensation for any and all of the following damages dependent on your unique situation:
These types of damages can be divided into two basic camps: economic and non-economic damages. Awards which are intended as reimbursement for financial losses such as medical expenses and lost wages are considered economic. Non-compensatory awards for other matters such as pain and suffering and loss of consortium are considered non-economic in nature.
As described in the previous section, there are several categories of financial compensation which may be available through successful personal injury claims. But what factors determine how much will be awarded for each? A major determining factor is the nature and severity of the injuries suffered by accident victims. Your Monmouth County personal injury claims lawyer may seek higher compensation for the following:
Economic damages may be increased by more severe injuries from a practical standpoint. Medical bills may be higher. Victims may also suffer from long term or even permanent disability leading to extended absences from work, necessary expenses for rehabilitation, and much more. Generally speaking, economic damages have a one to one relationship with the expenses incurred by victims.
Non-economic damages may be heavily impacted by the severity of the victim’s injuries. Nowhere is this more apparent than when determining compensation for pain and suffering. Pain and suffering are most often calculated using a formula based on medical expenses multiplied by a number anywhere between one (1) and ten (10), and sometimes even more. Injuries such as sprains and strains may granted low multipliers whereas more serious injuries including brain injuries, spinal cord injuries, paralysis and more may lead to higher multipliers, and therefore a higher overall payout. As pain and suffering account for the highest financial consideration in many PI cases, this difference can be enormous.
The personal injury attorneys of Chamlin, Uliano & Walsh have decades of legal experience serving local Monmouth County communities including Freehold, Middletown, Asbury Park, West Long Branch, Red Bank, Howell, and all of Central New Jersey. Our firm is based on the core principals of hard work, experience, family, and adhering to the highest standards of ethical legal practice. Over the years, our qualified legal team has secured a number of landmark and precedent-setting personal injury cases which uniquely positions our firm to be at the forefront of an ever-changing legal landscape.
If you or a loved one has been injured due to the negligence or recklessness of another party, please contact us online or by calling our West Long Branch, NJ offices today at (732) 440-3950 for a free and confidential consolation regarding your accident, your injuries, and your potential personal injury claim.
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