What are economic damages?

Economic damages are losses that are caused by an accident in Arizona and can be quantified in terms of money. They are intended to restore the plaintiff to the condition they were in before the accident, and can include out-of-pocket expenses, such as medical costs, wages lost due to inability to work, and property damage. Economic damages can also include lost earning capacity, which means the plaintiff is not able to make the same amount of money in the future due to the accident, and also includes punitive damages, which are awarded in cases that involve malicious or intentional harm. In Arizona, economic damages are one of the types of damages available to plaintiffs in personal injury and wrongful death cases. They are intended to compensate the victims for the losses they have suffered as a result of the accident, and provide a financial recovery that can help to make them whole again.

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