What happens to any recovered damages in a tire failure case?

In the state of South Carolina, any recovered damages in a tire failure case will be distributed to the injured party as compensation. Typically, recovered damages may include medical bills, lost wages, vehicle repairs, pain and suffering, and other costs that were incurred due to the tire failure. Those who are injured in a tire failure case can also potentially be eligible for punitive damages. Punitive damages are intended to punish the negligent party and to act as a deterrent for future similar behavior. In most cases, punitive damages are limited to three times the amount of compensatory damages, or up to a maximum of $500,000. The recovered damages will be distributed to the injured party by either the court system or through out of court negotiations. If the case is settled out of court, the insurance company for the negligent party will typically pay the damages. If the case is settled through a trial, the court may issue an official judgment that orders the responsible party to pay the damages to the injured party. In either case, the recovered damages will be used to compensate the injured party for their losses. This can help to cover medical bills, lost wages, emotional distress, pain and suffering, and any other costs associated with the tire failure, such as vehicle repairs.

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