What kind of compensation can I expect in a tire failure lawsuit?

In Georgia, if you are involved in an accident due to the failure of a tire, you may be entitled to some compensation. Depending on the circumstances, you may receive either economic or non-economic damages. Economic damages, which cover tangible losses, may include medical expenses, lost wages, and property damage. These losses are typically the most expensive and are typically easy to calculate. Non-economic damages are intended to compensate for intangible losses such as pain and suffering, mental anguish, physical impairment, and emotional distress. These damages may be more difficult to calculate, as there is no set amount to compensate for the pain and loss caused by a tire failure. The amount of compensation you may receive in a tire failure lawsuit in Georgia will depend on the specifics of your case. Factors that may influence the amount of compensation include the severity of the accident, the extent of your injuries, the medical expenses, and the amount of time lost from work. Finally, punitive damages may also be awarded in some cases. These damages are intended to punish a company for failing to take reasonable care when manufacturing or selling a defective tire. Punitive damages are usually awarded with a greater amount than economic and non-economic damages and are intended to serve as a strong warning to the company to ensure that similar accidents do not happen in the future.

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