San Diego Personal Injury Attorney Talks About Types of Collectible Damages
If you have ever been injured in an accident, you know that you incur numerous costs and your bills can quickly run out of control. As a result, you may wonder what types of damages you may be entitled to as a result of the other person’s negligence and carelessness.
San Diego disability attorney answers this question for you and describes the types of damages available for accident victims in this important article.
What damages are you entitled to be compensated if you are injured in a California accident case? Find out here…
If you are involved in an accident and you are injured, you may be able to receive compensatory or punitive damages in your personal injury case.
Compensatory damages are intended to reimburse and compensate the injured victim for costs that have been incurred as a result of the accident or for losses which do not create a cost but are compensable nonetheless. Compensatory damages can be divided into two different kinds of damages: economic and non-economic. Economic compensatory damages are basically compensation for anything that has a measurable cost via a bill or invoice such as medical bills for past and future medical care, past and future loss of earnings and earning capacity, and damages to personal property. Non-economic damages are any compensable damage which does not have a bill or invoice such as physical pain and suffering, mental and emotional anguish, and loss of companionship and support. The goal of compensatory damages is to make the injury accident victim “whole” and to compensate for all losses.
Punitive damages are meant to deter future similar conduct by the defendant and to punish for egregious behavior. Typically these damages only are awarded in a small number of cases and only after there is a breach of contract or after a law is broken. Punitive damages are not awarded often and the State of California taxes punitive damages at a rate of 75%.
The majority of judgments and settlements only include money for compensatory damages.…