Financial Compensation in Car Accidents
After a car accident, phrases like "economic damages" or "pain and suffering" are often used, but their meanings can be unclear. Calculating financial damages is a careful process considering both current and future losses.
Compensation for a personal injury claim after a car accident generally falls into two categories: economic damages and non-economic damages.
- Economic damages: measurable financial losses.
- Non-economic damages: non-measurable losses, such as "pain and suffering".
Calculating financial damages after a car wreck is a careful process that takes into account both what you’ve already lost and what the accident may continue to cost you in the future.
Attorneys play a crucial role in ensuring fair compensation, fighting for victims' rights to prevent them from paying for someone else's mistake.
Author's summary: Fair compensation is determined by economic and non-economic damages.
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