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When someone suffers harm in an accident, whether a car collision, slip and fall, or another incident caused by another party’s actions, they may have the right to recover compensation. These financial recoveries, known as personal injury damages, help restore the victim’s well-being and address the losses sustained. Understanding the types of personal injury damages available in a claim is crucial for anyone considering legal action after being injured.
At Craig Swapp & Associates, a respected personal injury law firm serving clients across Utah, Idaho, Washington, Montana, Oregon, Wyoming, Colorado, and Arizona, our focus is to help victims or seriously injured individuals recover fair and full personal injury compensation.
Here’s an in-depth look at the categories of damages in personal injury cases, how they are calculated, and what to expect if you or someone you love has suffered harm due to another’s actions.
The foundation of every successful claim is understanding what compensation you can pursue.
There are three primary types of personal injury damages that may be available:
Economic damages are the tangible, out-of-pocket expenses that result from an injury. These represent the financial losses a person directly experiences because of an incident.
Examples include:
Economic damages are typically easier to document and calculate because they are backed by bills, receipts, and employment records.
Noneconomic damages are more subjective and compensate for losses that do not have a direct monetary value. These damages address how an injury has affected the victim’s quality of life.
They include:
Because noneconomic damages are not tied to invoices or pay stubs, insurance adjusters, judges, and juries rely on testimony, medical records, and expert evaluations to determine a fair amount.
Punitive damages are different from compensatory damages – economic and noneconomic. Their primary purpose is to punish the wrongdoer for especially reckless or intentional misconduct and to deter similar behavior in the future. These damages come into play when the at-fault party’s conduct was especially egregious, for example, in cases involving drunk driving, gross negligence, or intentional harm.
Punitive damages are awarded in addition to economic and noneconomic damages, and the amount can vary greatly based on the specific facts and applicable state law. Some states place caps on punitive damages or set specific requirements that must be met before they are granted.
There is no universal dollar amount for an average settlement, as the value of personal injury damages depends on several key factors, including:
For example, in Utah, the median jury award for personal injury claims can range from $15,000 to $100,000, depending on the circumstances. More serious cases, such as those involving traumatic brain injuries or permanent disability, can result in much higher verdicts or settlements. In states with higher costs of living or where juries tend to award larger amounts, such as Washington or Colorado, settlement figures can be even higher.
Personal injury damages can range from a few thousand dollars for minor injuries to hundreds of thousands or even millions for catastrophic harm. It is essential to work with a personal injury attorney who can accurately evaluate the value of your claim and advocate for the full compensation you deserve.
Calculating the value of personal injury damages involves a thorough analysis of both tangible financial losses and more subjective harms.
Here’s how damages in personal injury cases are typically calculated:
Economic damages are totaled by gathering all evidence of expenses and losses, such as:
Because these damages are not tied to specific numbers, insurers, attorneys, and courts use several approaches:
Punitive damages are not directly calculated based on losses. Instead, the amount is determined by the egregiousness of the defendant’s conduct and state laws. Courts may look at the defendant’s intent, history of misconduct, and financial status, as well as the ratio between punitive damages and compensatory damages.
A skilled personal injury attorney will gather documentation, work with experts, and build a compelling case for maximum compensation.
Under the Internal Revenue Code, most personal injury damages awarded for physical injuries or physical sickness are not taxable. This means compensation for medical expenses, lost wages, pain and suffering, and other related damages resulting from a physical injury or sickness is generally excluded from federal income tax.
But there are important exceptions to be aware of:
While federal law provides general rules, state tax laws can vary. Some states may treat certain damages differently, so it’s important to consult with a tax advisor after resolving a personal injury claim.
Recovering damages in personal injury cases involves several steps. Here’s an overview of the typical process:
After a successful settlement or verdict, the final step is collecting your damages, either through a lump-sum payment or a structured settlement.
Each state sets a statute of limitations, a legal deadline for filing a claim to recover personal injury damages. Missing this deadline can result in the loss of your right to pursue compensation.
Here are the general time limits for the states our firm serves:
These time limits can vary based on the circumstances, such as when the injury was discovered or if a government entity is involved. It is essential to act promptly and consult a personal injury law firm to preserve your rights.
Yes. Even minor injuries can result in recoverable damages, especially if they lead to medical expenses, lost wages, or pain and suffering.
Many people hesitate to seek compensation for minor injuries, but those costs can add up quickly. Insurance companies may try to minimize claims involving “minor” injuries, so it is important to gather documentation and advocate for your full rights.
Keep in mind:
Consulting with a personal injury attorney ensures that your claim is fully evaluated and all available damages are pursued.
Working with a qualified attorney makes a significant difference in the outcome of a claim for personal injury damages.
A personal injury attorney can assist in:
At Craig Swapp & Associates, our team of personal injury attorneys is dedicated to helping clients across Utah, Idaho, Washington, Montana, Oregon, Wyoming, Colorado, and Arizona recover the damages they deserve after an injury. If you or a loved one has been harmed due to someone else’s actions, don’t delay in hiring a personal injury attorney who can help protect your rights and secure the compensation you need to move forward.
Call us today at (866) 316-5293 or fill out our contact form to schedule your free consultation. We won’t charge you until we have successfully secured a settlement for your personal injury case.
Written By: Ryan Swapp Legal Review By: Craig Swapp