Nobody wants to get involved in a car accident. Besides the obvious danger to your life, you don’t want to deal with the aftermath’s financial, legal, and emotional stress. That being said, it’s always best to be prepared. Suppose you get involved in a car accident. In that case, knowing about the economic and non-economic damages you can get compensated for is handy, especially if a car accident lawyer can prove fault on the other party.
What are Economic Damages?
Economic damages are a type of compensation for the financial losses suffered due to a car accident. These damages are typically awarded to the accident victim and intended to help them recover the costs associated with the accident. Economic damages can include medical expenses, lost wages, and property damage.
For example, even if there aren’t any signs of severe physical injury, you should still have a medical doctor look at you immediately. A doctor’s visit incurs medical fees, which falls under Economic Damage. Medical bills typically include medical treatment and therapy costs, such as hospital visits, surgeries, medication, and physical therapy.
Another type of economic damage is Lost wages. This includes any wages or salary the victim lost due to being unable to work due to the accident. Finally, there is the matter of having your car, a personal property, repaired. Bodywork, engine repairs, and other automobile work also fall under property damage, which you can claim as economic damage.
What are Non-Economic Damages?
Non-economic damages are compensation awarded to victims of car accidents to cover losses you cannot quantify in terms of money. These damages are intended to help victims recover from the accident’s emotional, psychological, and physical trauma. Non-economic damages are often awarded in addition to economic damages and include pain and suffering, loss of enjoyment of life, and loss of consortium.
Pain and suffering are the physical and mental anguish a victim experiences due to an accident. This includes physical pain, emotional distress, and mental anguish. Loss of enjoyment of life is the inability of a victim to participate in activities they enjoyed before the accident.
Finally, loss of consortium is the loss of companionship and services that a person would have received from a spouse or parent before the accident. Non-economic damages are awarded to help victims recover from the trauma they experienced due to the accident and to help them move forward with their life.
Why You Need a Good Car Accident Lawyer
Unlike economic damages, which can be easily quantified through a receipt, non-economic damages require a skillful car accident lawyer to argue on your behalf on the kind of non-economic damages that can be awarded to you.
A skillful car accident lawyer is essential to maximizing the non-economic damage compensation you receive. They can use their experience to understand the intricacies of the law and to create a compelling argument to the court for why you deserve a higher amount of compensation for your non-economic damages. They will be able to present evidence to the court that will help demonstrate the extent of their suffering and the financial impact it has had on their life. Furthermore, they will be able to negotiate with the other party’s legal team to ensure that you receive the maximum compensation for your non-economic damages.
If you or a loved one has been involved in a car accident in Maryland, then it is essential that you contact Waldorf Maryland Injury Lawyers, the best car accident lawyers in the state. Our experienced car accident lawyers have the knowledge and expertise to ensure that you receive the maximum amount of compensation for your economic and non-economic damages. Don’t wait any longer, call us today and start the process of getting the compensation you deserve.