What expenses are covered in a personal injury settlement?

When a person is injured due to the negligence of another person, the injured party may file a personal injury claim in order to seek compensation for their damages. The potential compensation in a personal injury settlement is typically divided into two categories: economic and non-economic damages. Economic damages typically cover direct costs associated with the injury, such as medical expenses, lost wages, and property damage. Medical expenses may include ambulance services, hospital bills, prescription drugs, medical devices, and any other costs related to the injury. Lost wages refers to the income you would have earned had you not been injured. Property damage includes repairs or replacements for any items that were destroyed or damaged in the incident. Non-economic damages typically include compensation for emotional distress, pain and suffering, and loss of consortium. These are intangible costs, but can still be significant. Pain and suffering is generally determined by the severity and duration of the injury, and can also include effects such as disfigurement, physical impairment, or the inability to complete certain activities that were previously part of a person’s life. Loss of consortium is compensation for the loss of spousal services, such as companionship or sexual relations. In summary, personal injury settlements may cover both economic and non-economic damages, and can provide significant compensation for those who have been injured due to another person’s negligence.

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What expenses are covered in a personal injury settlement?

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