People who get in car accidents and get injured want to know how much money they can recover from the other party's insurance company. The available damages are broken down into two main categories:
- Economic damages
- Non-economic damages
Economic damages are money. If an injured person incurs medical bills, they are considered economic damages. Time missed from work and lost wages are also considered economic damages. If an injured individual is going to incur medical bills or lost wages in the future, these are called future economic damages. Economic damages are often referred to as special damages.
Non-economic damages are often called pain and suffering. Attorneys sometimes refer to pain and suffering damages as general specials. Pain and suffering compensates the injured person for those things made impossible to do as a result of the injury. For example, the time the accident victim cannot enjoy with her family, hobbies and traveling. All of these things are non-economic damages.
Calculating damages in a car accident or a truck accident case is complex. Most people are entitled to recover out of pocket costs, such as medical bills and lost wages, as well as pain and suffering. If you try to resolve a matter yourself without hiring an attorney, keep in mind that you may qualify for both economic and non-economic damages. If the case is complicated or involves multiple parties, you may be better off consulting an experienced attorney who will help calculate damages to ensure you get the full and fair compensation.