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How Is Brandon, FL Personal Injury Compensation Calculated?

If you have suffered injuries as a result of being involved in an accident, those injuries can have a significant impact on your daily life.  Because everyone’s daily lives and injuries are different, injuries can have a negative impact that is unique to each person.  Thus, it begs the question, how is compensation calculated in a Brandon personal injury claim?

It is first important to understand the different types of damages that can be awarded in a personal injury case.  There are two main types of damages in personal injury cases, those being economic and non-economic damages.

Economic damages in a personal injury case are for medical bills and lost wages.  For medical bills, the law states a person is entitled to recover the reasonable value or expense of hospitalization and medical and nursing care and treatment necessarily or reasonably obtained by the injured person in the past or to be obtained in the future.  As for loss of income, the law states the injured person can recover any earnings for any work time lost in the past and any loss of ability to earn money in the future.

Non-economic damages are those damages an injured person suffers as to the quality of life.  The law states an injured person is entitled to recover for any bodily injury sustained by a person and any resulting pain and suffering, disability or physical impairment, disfigurement, mental anguish, inconvenience or loss of capacity for the enjoyment of life experienced in the past or to be experienced in the future.  Unfortunately, there is no set way to determine non-economic damages.  Instead the law provides there is no exact standard for measuring such damage. The amount should be fair and just in the light of the evidence.

For future damages, some people may worry about the rising costs of inflation or healthcare costs.  The law reduces future damages to present value so that any amount of damages which allow for future medical expenses or loss of future earning capacity should be reduced to its present value.

If you have any additional questions as to how compensation is calculated in a Brandon personal injury claim, please contact our office for a free initial consultation.

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