What Types of Compensation Can You Claim After a Serious Car Accident?

Are you the victim of a severe car accident? A car injury lawyer in Katy, Texas can assist you in understanding the damages for which you qualify.

Compensation Types You Can Claim After A Serious Car Accident

Understanding Economic and Non-Economic Damages

Texas Civil Practice and Remedies Code covers damages in Chapter 41. Section 41.001 of the code defines economic and non-economic damages. Economic damages are intended for monetary loss such as property damage, hospital bills, and loss of income. Non-economic damages are awarded compensation for no-economic damage or loss, such as physical and mental pain and suffering.

Understanding Exemplary Damage

Exemplary damages are awarded as a penalty but not for compensatory purposes and do not fall under the categories of economic and non-economic. To be awarded exempl​​​​ary damages, the claimant must prove that harm resulted from fraud, malice, or gross negligence. An example would be an accident involving a drunk driver.

Can A Car Insurance Lawyer In Katy, Texas Help With A Claim?

If you have been the victim of an accident, a car accident lawyer in Katy, Texas can help you understand what damages you can claim.

The key to a successful claim is comprehending the types of damages and seeking guidance from an experienced lawyer.

After a serious car accident, victims may be entitled to various types of compensation depending on the circumstances of the crash and the severity of their injuries. These compensatory damages typically fall into three main categories: economic, non-economic, and punitive damages. Each type addresses specific losses suffered by the victim.

Economic Damages

Economic damages cover tangible financial losses caused by the accident. These include:

  • Medical Expenses: Compensation for current and future medical bills related to treatment, surgeries, rehabilitation, medication, and assistive devices.
  • Lost Wages: Reimbursement for income lost during recovery and future lost earning capacity if injuries prevent you from returning to work or advancing in your career.
  • Property Damage: Repair or replacement costs for your vehicle and any other personal property damaged in the accident.
  • Out-of-Pocket Expenses: These may include transportation to medical appointments, home modifications for disabilities, or costs associated with hiring help for daily tasks.

Non-Economic Damages

Non-economic damages address the intangible losses that don’t have a direct monetary value but significantly impact the victim’s quality of life. These include:

  • Pain and Suffering: Compensation for physical pain and emotional distress resulting from the accident and injuries.
  • Loss of Enjoyment of Life: Damages for being unable to participate in hobbies, activities, or experiences you enjoyed before the accident.
  • Loss of Consortium: If the injuries negatively impact relationships with your spouse or family, this type of compensation may apply.

Punitive Damages

In cases involving gross negligence or intentional misconduct, such as a drunk or reckless driver causing the accident, punitive damages may be awarded. These are designed to punish the at-fault party and deter similar behavior in the future.

Consulting an experienced attorney ensures you seek and receive fair compensation for all applicable damages in your car accident claim.

Read More

Leave a Comment

Exit mobile version