Compensation in personal injury cases becomes essential, especially for those who have suffered severe injuries in the accident. It is to pay for their losses in monetary terms. There are various types of compensation that you must know as the basis for deciding on personal injury compensation.
If you have faced any injury in Des Moines that will require compensation, you can consult an experienced lawyer who can help you. You can search for any personal injury lawyer in Des Moines to understand the case better.
What are Some Different Types of Personal Injury Compensation?
When we talk about the general division of personal injury compensation, it mainly involves compensatory damages and punitive damages. The settlement process for accidents revolves around these two types of compensation. Let’s understand what is included in the compensatory and punitive damages.
Compensatory damage is when the client recovers the losses they have faced in the accident, which has caused severe injuries. It mainly covers quantifiable economic damages. The compensatory damage includes various losses such as medical expenses, property expenses, repair, replacement, lost wages, loss of earning capacity, and other factors. It also includes expenses for cancelled or altered trips that were hindered due to accidents.
These are involved in the damages section; there are also general compensatory damages involving pain and suffering, loss of enjoyment of life, loss of companionship, inconvenience, physical disfigurement, and many more.
If there is a wrongful death in any accident, claiming compensation for such an event becomes difficult. However, the law still compensates for hospital bills, medical bills, funeral expenses, etc.
By the name punitive itself, it is clear that this compensation does not involve money; it requires punishment for their acts. It will compensate you indirectly by giving a penalty to the perpetrators for personal injury or wrongful death. If you have filed the case and the court believes that the compensatory damages are not enough for your losses, they can provide punitive challenges to the at-fault party. It is basically to prevent them from conducting such behaviour in the future.
The chances of punitive damages increase if the party was involved in gross maliciousness and negligence that led to severe and catastrophic damage to you or your loved ones. So, if you have faced any such injury, you should know how to tackle it with the help of an attorney.