A car accident can have devastating consequences. Victims may face significant financial, physical and emotional losses that continue long after the crash itself.
When another party is responsible for the collision, an injured person may be entitled to compensation. Understanding the types of damages available can help victims appreciate the potential value of their claims.
Economic damages
Economic damages compensate victims for measurable financial losses. These damages can generally be documented through bills, receipts, pay records and estimates. Common examples include:
- Medical expenses: These may include hospital stays, surgeries, medication, rehabilitation, medical equipment and anticipated future care.
- Lost wages: Victims may recover income lost while their injuries prevented them from working. Compensation may also be available for reduced future earning capacity.
- Property damage: This may include the cost of repairing or replacing a vehicle, damage to personal property and reasonable rental car expenses.
Accident victims should keep copies of all bills, receipts and other records related to the crash. Thorough documentation can make it easier to demonstrate the extent of their financial losses.
Non-economic damages
A car accident can also affect a person’s life in ways that do not have a clear dollar value. Compensation for these personal and emotional losses is generally referred to as non-economic damages. Depending on the circumstances, they may include:
- Loss of enjoyment of life: Injuries may prevent a victim from participating in hobbies, family activities or other parts of life they once enjoyed.
- Loss of companionship or consortium: A serious or fatal injury may affect the victim’s relationship with a spouse or family members.
- Mental anguish: Victims may experience anxiety, depression, grief or other forms of emotional distress.
- Pain and suffering: Compensation may be available for both the physical pain and emotional suffering caused by an injury.
The compensation available after a collision depends on the nature of the injuries, the extent of the losses and other circumstances surrounding the case. Professional legal guidance can help victims document their damages and pursue the compensation they may be entitled to receive.
