What Are Non-Economic Damages?
The damage caused by a severe injury is undeniable. In many cases, it seems as though every part of your life has been turned upside down by what you’ve been through. The good news is that if someone else is responsible for causing your injuries, you could bring them to justice by filing a civil claim against them seeking monetary restitution for your suffering.
As your personal injury lawyer works to build a case against the liable party, you may also be wondering how much you could expect to be awarded if you win your lawsuit. There are many factors your lawyer will need to take into consideration to determine how much your claim is worth. But non-economic damages are often the most difficult to quantify.
Continue reading to learn more about what non-economic damages are and the other damages you could also obtain compensation for if your claim is successful.
The Value of Non-Economic Damages
Non-economic damages refer to the ways your life has been impacted by the injuries you endured. They have less to do with money and everything to do with your physical and emotional state, as well as your lifestyle. What makes this difficult is that such damages are difficult to quantify—meaning that they don’t have a standardized monetary value.
So what would you say your pain and suffering is worth? If you don’t have any idea where to start, you are not alone. A personal injury lawyer who has carefully reviewed your case could give you a better idea, though. And it isn’t just pain and suffering you could be compensated for, either. Some other common damages that are considered non-economic include:
- Loss of companionship and love
- Diminished quality of life
- Loss of household services
- Reputational damage
- Emotional distress
In order for your lawyer to figure out how much your non-economic damages are worth, they will also need to closely examine your economic damages.
Compensatory and Punitive Damages
Economic damages, also known as compensatory damages, are the financial losses you endured. Your medical expenses, lost income and earning capacity, property damages, and other injury-related costs you suffered will all need to be quantified, as the value of your economic damages will have a direct impact on the value of your non-economic damages.
You could also be awarded punitive damages if the court finds that the actions of the defendant were reprehensible and wants to punish them for that. But punitive damages have little to do with the financial losses you endured, the pain you experienced, or the trauma you personally went through and should therefore not be counted on if you are trying to determine how much your claim is worth.
Meet with a Personal Injury Lawyer
To learn more about how much your lawsuit could be worth, you’ll need to schedule a free, no-obligation case evaluation so we can learn more about the individual details of your case. You can reach your personal injury lawyer with Monge & Associates by phone at 800-421-0174 or through our convenient contact form.