What types of damages are recoverable in defective products cases?

In the state of New York, consumers who are harmed by a defective product may be able to recover damages through a defective products law case. There are two types of damages that may be recoverable in these cases: economic and non-economic damages. Economic damages are those that have an exact monetary value associated with them. For example, if a product caused physical injury, the plaintiff could recover costs for medical expenses, lost wages, and other out-of-pocket expenses. Economic damages account for all the financial losses that the plaintiff has incurred. Non-economic damages, on the other hand, are more subjective. Non-economic damages include pain and suffering, emotional distress, and loss of enjoyment of life. These damages are awarded to compensate the plaintiff for the physical and emotional injury that they have endured. In some cases, punitive damages may be awarded as a way of punishing the liable party for their irresponsible actions. These are intended to deter future irresponsible behavior and are generally only awarded in cases of gross negligence or where the liable party’s actions were particularly reckless. It is important for consumers to know their rights when it comes to defective products. If they have suffered harm due to a defective product, they should consult an experienced attorney to determine if they are entitled to recover damages.

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What types of damages are recoverable in defective products cases?

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