Types Of Injury Compensation After An Injury

When you are hurt in an accident, you may be surprised to learn that there are multiple types of compensation you may be able to seek for your accident. Before you accept any kind of settlement offer, you should be aware of what you deserve and how to secure it.

At Benjamin M. Del Vento, P.A., we have been helping clients throughout New Jersey secure the ideal outcome in their personal injury claims for decades. Our lawyers know what your claim is worth and how to secure a settlement that accurately reflects that value.

The Compensation From Your Claim

There are three categories of compensation that will make up your total settlement: economic, noneconomic and punitive damages. Economic compensation refers to the financial cost of your injuries, such as lost income, property damage, and current and future medical expenses.

Noneconomic compensation is for the suffering you experience that cannot be measured on a monetary level, such as pain and suffering, loss of life enjoyment, and loss of consortium.

Lastly, there are punitive damages. It is not enough for the liable party to pay for the consequences of their actions; they also need to understand that the actions that led to this accident are not acceptable. This form of compensation acts as a punishment against the party that hurt you and as a message to others to avoid the same or similar actions that could harm others.

Maximizing Your Compensation

While there are multiple types of compensation for your injuries, you need to know that you are getting the settlement you deserve. To get the money you need, contact our Livingston office at 973-869-5325 or email us here to schedule your initial consultation today.