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Personal Injury Compensation – How to Get the Compensation You Need It is normal to worry about your finances when you are in an accident. This is especially true if your injuries are serious. There are ways to get compensated for your injuries. These include economic and non-economic damages , such as suffering and pain. Economic Damages When you suffer an injury due to the negligence of someone else you are entitled to financial compensation. This compensation will aid you in recovering from your injuries and return to the same standard of living. There are two types of damages monetary that can be granted in personal injury cases which are economic damages and non-economic damages. The former is designed to compensate you for the financial loss resulting from the accident, while the latter is designed to compensate you for the emotional trauma that your accident has caused. In many instances, a judge or jury will award the victim with economic damages to pay for their lost wages, medical expenses and rehabilitative treatment, along with the cost of property damage, like repair and replacement. This category of damages is tangible in that it can be documented using receipts and pay stubs. The negligent conduct of a defendant can result in a wide range of economic losses. These losses include : Loss of Earning Capacity When a victim is injured, their earning capacity may be severely affected. They may be forced to find a job that pays less or even permanently disabled. – Future Earning Capacity This is a difficult measure as it is dependent on the nature, age, and trends of the victim's job at the moment of the accident. A person may be young and have a promising job, or they could have an retirement plan. Past Earning Capacity This poses a challenge for jurors because it requires a thorough analysis of the victim's work history and the potential earnings for the future. For personal injury lawsuit lauderhill , a person could be a recent graduate with a promising career in engineering. The victim could have lost their income as well as other expenses like medical bills, car repairs or out-of-pocket costs for medication and therapy. These expenses can be significant and can add up to an amount of money. To settle a fair amount make sure you add all these costs together. There are numerous factors that affect the amount of your economic damages. It is crucial to speak with a seasoned personal injury lawyer who can assist you in understanding how these damages can calculated and given. Your lawyer can provide you with a complete list of all your present and future economic losses and also solicit the help of experts who can assign the value of these damages for the purpose of calculating your compensation.