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There are various damages you can claim for injuries sustained in an accident. Beyond the monetary losses you may suffer, such as hospital bills, property damage or lost wages, another class of damages is equally important.
Non-economic damages can form a crucial part of your settlement package. Therefore, it helps to understand what they are and how they may apply to your claim. Here is what you need to know.
Non-economic damages explained
As mentioned, non-economic damages do not result in direct financial loss. However, you ought to be compensated for the emotional distress, pain and suffering you endured due to your injuries. In addition, if your injuries affected your quality of life or resulted in disfigurement, you can claim compensation for that, too.
Extensive injuries might also affect your ability to engage in activities you enjoyed with family and friends before the accident. As a result, your social life may be negatively affected. You could also be at risk of developing mental problems due to the sudden changes in your life due to the accident.
How are non-economic damages calculated?
Given that non-economic damages do not have a dollar value, you may wonder how they are calculated. There is no direct way of valuing these damages, and various approaches can be used. It all depends on the circumstances of your claim and the extent of your injuries.
In some cases, the jury or insurer will subjectively evaluate these damages to determine the amount of appropriate compensation.
Getting what you deserve after an accident
Money won’t change what happened, but it will help you adjust to a new lease on life. Therefore, you must ensure the compensation you settle for is deserving of the harm and losses you suffered. If you are not sure how car accident claims work, it is best to seek counsel and ensure you protect your interests.