When you have been injured in an accident because of the negligence of another party, it's important to understand what your legal rights are. When you lose time from work because of your injuries, when you have medical bills you can't pay, and you find yourself temporarily or permanently disabled, you have the right to file a personal injury lawsuit. If you have financial, physical, or emotional losses because of a personal injury, you are entitled to financial compensation if it is determined that another person is at fault. Whether your losses are pecuniary or non-pecuniary, the money you receive can be extensive.
Pecuniary Losses in a Personal Injury Lawsuit
Pecuniary losses are those losses that you can measure monetarily. If you have lost wages, or you have bills from your injuries piling up, these are losses that you can physically measure. When you prepare your personal injury lawsuit, you will be asked to provide pay stubs and medical bills so that your pecuniary losses can be determined. The amount of money you receive for pecuniary losses is generally lower than non-pecuniary losses, and it is the losses that are difficult to measure that can vary greatly from case to case.
Non-Pecuniary Losses When You've Been Injured in an Accident
Non-pecuniary losses are those losses that don't have a specific dollar amount attached to them. These losses include pain and suffering, loss of companionship, or even loss of future wages. While it may be possible to calculate your future wages based on your current earnings, this is a number that is still difficult to measure. In general, the more serious your injury, the more disabled you are, the higher your compensation for non-pecuniary losses will be.
If you have been injured and another party is at fault, it's important to have your injuries assessed by medical providers. When you are first injured, you should seek medical attention to establish a base line of your medical condition. As you receive treatment, make sure to follow the medical advice of your doctors. Your goal is to get better from treatment, and to continue treatment until providers have determined that you are at a medical end to treatment. Make sure to keep all of your medical records, and bring these with you when you go to meet with a personal injury attorney.
When you have been hurt in an accident because of another party, you are entitled to receive financial compensation for your losses.
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