"Economic damages compensate for the financial losses you've incurred as a result of your injury. These include current and future medical expenses, such as hospital bills, rehabilitation costs, surgery, and prescription medications. Additionally, economic damages cover lost wages if you were unable to work due to the injury, as well as reduced earning capacity if your injury has impacted your ability to work in the future. Property damage, such as vehicle repairs in a car accident, can also be included in this category."
"Non-economic damages, on the other hand, address the more personal and intangible effects of your injury. These include pain and suffering, emotional distress, and the loss of enjoyment of life. For example, if your injury prevents you from participating in hobbies or activities you once loved, you may be entitled to compensation for that loss. Non-economic damages also cover loss of companionship or consortium, which may apply if your injury affects your relationships with loved ones."
"An attorney can assess both your economic and non-economic damages, ensuring that all aspects of your losses are reflected in your claim. Ian Chaikin, founder and lead trial attorney at Chaikin Trial Group Injury Lawyers, leads a team that treats every client as if they were part of their own family. The firm's approach is rooted in compassion, personalized attention, and an unwavering commitment to justice."
Personal injury claims allow recovery of two main types of damages: economic and non-economic. Economic damages reimburse financial losses such as current and future medical expenses, hospital bills, rehabilitation, surgery, and prescription medications, as well as lost wages, reduced earning capacity, and property damage like vehicle repairs. Non-economic damages compensate for intangible harms including pain and suffering, emotional distress, loss of enjoyment of life, and loss of companionship or consortium when relationships are affected. An attorney can assess both economic and non-economic losses to ensure all aspects of damages are reflected in a claim. Compassionate, personalized legal representation can support clients through pursuit of justice.
Read at www.amny.com
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