Wednesday, June 1, 2016

All the Damages that can be Compensated

Should your injury be caused by the negligence of another party, the law allows you to be “made whole” by awarding you damages, or the quantified amount of your losses. In a personal injury case, you are entitled to be compensated for all the losses you’ve experienced after sustaining an injury in the hands of another party.

Defining Compensatory Damages

In legal terms, compensatory damages seek to reimburse or compensate an injured party for all the harm they have suffered. Compensatory damages can either be special or general. Special damages are used to reimburse monetary expenses that a person had to pay for due to his injury. Generally, the amount of special damages awarded should make a person whole for the expenses he have incurred and will incur in the years to come.

General compensatory damages, on the other hand, compensate an individual for all the non-monetary damages they have sustained. Pain and suffering, loss of consortium or companionship, and mental anguish are among the most common types of general compensatory damages being sought by injured individuals.

Caps on Damages

Though there’s no limit in the amount of special compensatory damages that a person can receive, the same isn’t true for general damages. Under Oklahoma law, general or non-economic damages for personal injury cases have a cap of $350,000.

To have a better chance of getting just compensation for all your injuries, seek help from a personal injury attorney as soon as possible.

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