What are the types of damages that can be recovered in an insurance claim?

In Hawaii, the types of damages that can be recovered in an insurance claim are classified as either economic or non-economic damages. Economic damages are intended to provide financial compensation for losses incurred. This includes reimbursement for medical bills and lost wages, the cost of property repairs, and even the loss of business income. Non-economic damages are designed to cover losses that are not easily quantifiable. These damages are intangible, such as physical pain and suffering, mental anguish, loss of enjoyment of life, and any form of emotional distress. In addition, if a person is found to be legally responsible for the injury, a court may require them to pay punitive damages. These are intended to punish the responsible party and deter them from engaging in similar behavior in the future. Lastly, a court may award attorneys’ fees and court costs to the injured party. This is done so that the victim is not financially burdened by legal proceedings, and may help ensure that they are able to seek justice in a court of law. Altogether, these damages can help those who have been injured by the negligence of another party to gain financial restitution and be compensated for their losses.

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What are the types of damages that can be recovered in an insurance claim?

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