What is the difference between compensation and damages in an accident claim?
Compensation and damages are both forms of recovery for an accident claim in Texas. Compensation refers to money that is awarded to an injured party of an accident in order to make up for their losses. This may include wages lost due to time off for recovery, medical bills, counseling bills, and even disfigurement expenses. Damages refer to the amount of money that is awarded to an injured party to cover the pain, suffering, and emotional distress caused by the injury. Damages in an accident claim are subjective in nature, and are determined by the courts based on the facts and circumstances of the accident. These damages can be hard to quantify, and must be proven by the injured party. This is typically done by providing documents and witness testimony to support the claim. Compensation, on the other hand, is more objective in nature. These are the tangible losses suffered by the injured party, such as medical bills, lost wages, and other associated costs. These amounts are typically easier to prove, as they are backed up by physical documentation and expert opinions. In summary, damages represent the pain, suffering, and emotional distress caused by an injury, while compensation is awarded to cover the tangible losses suffered by the injured party. In order to be successful in an accident claim, an injured party must be able to prove both the damages and the losses suffered.
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