Compensatory Damages Education
January 16, 2009 @ 09:57 PM — by unknown
Compensatory damages are awarded after a lawsuit to victims to compensate them for past, present, and future monetary losses as well as pain and suffering. Learn more about compensatory damages, including common compensatory awards and who may file for compensatory damages.
What Kind of Compensation Can Victims Expect?
Compensatory damages are awarded in an attempt to minimize the effects of a personal injury upon the victim and his or her family. In the event of a personal injury claim, victims may experience physical and emotional trauma which is only compacted by the financial stress of mounting bills and lost wages. With the assistance of a qualified lawyer, personal injury victims may collect compensatory damages for both their physical/psychological injuries as well as for financial losses. Some common reasons for which compensatory damages may be awarded include:- Medical bills
- Property damage
- Pain and suffering
- Disability
- Disfigurement
- Mental anguish
- Lost wages
- Lost future earnings
- Loss of spousal support