Press Release (ePRNews.com) - Anchorage, Ak - May 31, 2017 - The term compensatory damages is often times thrown around when there is an injury or death that results from an accident where a person was negligent and as a result, that negligence brought about the harm or injury of another person. In fact, most personal injury damages are classified as compensatory. The term compensatory basically means that the damages are intended to compensate the injured plaintiff for what was lost as a result of the accident or injury. Legally the provision of a compensatory damage award is intended to make the injured plaintiff “whole” from the aspect of a financial standing. This means trying to put a dollar figure on all consequences of an accident to the extent that is possible. Some compensatory damages are quite easy to quantify. For example, reimbursement of property damages and medical bills. However, others are harder to quantify like placing a monetary value on chronic back pain for a one year period or ‘the inability to enjoy hobbies because of physical limitations caused by lingering accident related injuries’.
A Crowson Law Group attorney and spokesman provided comments with respect to different types of compensatory damages that are common in many personal injury cases:
- Loss of enjoyment – “this is when injuries are sustained as a result of an accident that keep you from day to day activities such as hobbies, recreational activities and exercise… an injured person may be entitled to receive a loss of enjoyment damages award”.
- Emotional distress – this is often linked with serious accidents, and as “suggested by the name emotional distress, such damages compensate a personal injury plaintiff for suffering from the psychological impact of an injury”. Some examples of emotional distress include: fear, anxiety, sleep loss etc.
- Property loss – this is with reference to any property lost or damaged as a result of the accident. For example, it can include the vehicle that was involved in the accident, possessions of value within the vehicle during the accident such as a laptop, cellphone, iPad, etc. It is likely that the plaintiff will be entitled to reimbursement for repairs or compensation for a fair market value of the property that was lost.
- Loss of income – the injured plaintiff may be entitled to compensation for the impact the accident had on their ability to go to work during the period of recovery which resulted in the loss of wages and salary not just a loss of income but also money that one would have been able to make in the future had he or she not been in an accident. Future loss is called loss of earning capacity. This includes not being able to work in positions which the person is qualified (e.g. a surgeon loses a finger or fingers).
All the above are considered compensatory damages. Compensatory damages include damages that can be experienced as a result of train accidents. If you or a loved one are involved in a train accident contact a train accident attorney lawyer to represent your case.
About the company:
The Crowson Law Group is a law firm of professionals with vast experience in personal injury law. If you are looking for accident claims advice for train accidents or other areas of personal injury law, contact the Crowson Law Group offices in Wasilla and Anchorage. For assistance from one of the best Alaska personal injury attorney lawyer. Source : Crowsonlaw Law Group