Olympia Law, PC: Personal Injury Compensatory Types

Olympia Law, PC: Personal Injury Compensatory Types

What exactly happens in a personal injury case? In a personal injury case, damages are paid to an injured person (plaintiff) by the person or company who was found to be legally responsible for the accident (the defendant or their insurer). For a one-on-one consultation, contact Olympia Law, PC.

A damage award can be agreed upon after a negotiated settlement—among the parties, their insurance companies, and their attorneys, to name a few—or may be ordered by a judge or jury following a court trial.

Majority of personal injury damages are classified as “compensatory,” which means that the injured party should be compensated for what was lost due to the accident or injury. Compensatory damages are meant to make the injured party “whole” again from a financial standpoint. What this basically means is that monetary value will be attached to all the consequences of the accident.

Some compensatory damages can include reimbursement for property damage and medical bills. In some cases, it might prove hard to place a monetary value on pain and suffering. Even the inability to enjoy hobbies because of physical limitations caused by lingering accident-related injuries is hard to prove. Olympia Law, PC and their skilled team of professionals can take on that kind of case.

Acquaint yourself with the different types of compensatory damages:

Property Loss

If any vehicle, clothing, or other item/s was damaged as a result of the accident, you can be entitled for reimbursement—to pay for repairs, or to compensate for the loss of property.Usually, damages paid for lost property are based on fair market value.

Olympia Law, PC can help assist in proper documentation and other legal requirements required to pursue such a case.

Income

The injured party may be entitled to compensation for the accident’s impact on their salary and wages—not just income already lost but also the money that would have been made in the future, if not for the accident. In personal injury legalese, a damage award that is based on future income is characterized as compensation for the accident victim’s “loss of earning capacity.”

Medical Treatment

The cost of medical care associated with the accident—reimbursement for treatment already received and compensation for the estimated cost of medical care needed in the future because of the accident—is always included in a personal injury damages award. This is one of the more common and easiest claims to prove as it only requires the doctor and hospital’s medical certificate to prove the validity of one’s claim.

Loss of Enjoyment

When injuries caused by an accident prevent your enjoyment of day-to-day pursuits like hobbies, exercise, and other recreational activities, you are entitled to seek help in order to receive “loss of enjoyment” damages. Our legal team at Olympia Law, PC has vast experience in representing personal injury cases of this nature. We would be more than happy to assist in fulfilling any legal requirements for this claim.

Please visit our testimonials page to read client reviews as well as some of our clients’ personal accounts about their personal injury experiences.