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What Are Different Types of Personal Injury Compensation?

Compensation is important in personal injury cases as the plaintiff has suffered the injury due to someone else’s negligence. Therefore, it becomes their right to receive compensation. However, when you file a personal injury claim, you must know that there are various types of compensation, and the factors for these compensations are different. So, in this article, we will discuss different types of personal injury compensation. 

If you have faced any injury or accident in Las Vegas, you can file a claim with a personal injury attorney in Las Vegas to recover your losses. But before that, let’s first understand different types of personal injury compensation. 

What are the Types of Personal Injury Compensation? 

The general divisions of personal injury compensation involve two types of damages: compensatory damage and the other one is punitive damage. So, the whole personal injury case and its settlement revolves around these two types of compensation. But let’s first understand what is the difference between compensatory and punitive damages. 

Compensatory Damages: Compensatory damage mainly refers to the losses which the plaintiff has faced. In this, compensation will be paid by the at-fault party for all the losses that the victim has faced. It will include all the damages such as medical expenses, property damage, repair and replacement damage, lost wages, loss of potential earnings, loss of irreplaceable items, and also the costs of any altered or canceled trips. So, this becomes a wholesome compensation that the at-fault party must pay. 

The damages section in this claim will also include abstract pain and suffering, loss of enjoyment of life, loss of companionship, physical disfigurement, inconvenience, and other such damages. 

In case of wrongful death, the compensation factors become difficult because the family has already lost their loved ones. So, it includes medical expenses, hospital bills, funeral expenses, and other such factors. So, in short, in compensatory claims, the at-fault party has to pay everything that the victim has lost. 

Punitive Damages: In punitive damages, there will be punishment for the losses. The court will provide punishment to the at-fault party for their deeds, and therefore, it is considered an indirect compensation. If there is wrongful death, then the person should be punished, and this is one of the common examples of punitive damages. Punitive damage is given to convey a message that such malicious behavior should not be repeated. 

The probability of punitive damage increases if the defendant is involved in gross maliciousness and negligence, which leads to severe and catastrophic damage. So, if you have faced any injury due to another’s negligence, you can consult your personal injury lawyer for better advice and settlement. 

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