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WHAT COMPENSATORY DAMAGES COVER

After being injured in an accident, there are basically two forms of compensatory damages: economic and noneconomic. Furthermore, these damages provide auto accident victims with compensation to them recoup losses from the accident. So, for additional info on what compensation you’ll eligible for, contact a Tampa auto accident attorney.

Understanding Compensatory Damages

First, when seeking compensation for an auto accident, compensatory damages are commonly awarded to the injured person. Thus, this compensation helps the individual make up for losses suffered from the accident. The most common compensation for damages are:

  • Current and projected medical bills
  • Pain and suffering
  • Emotional trauma
  • Lost wages, both current and projected
  • Loss of enjoyment of life
  • Damaged relationships
  • Property damage

Punitive Damages vs Compensatory Damages

Secondly, though compensatory damages are more common, you could receive punitive damages in a personal injury case. However, not all auto injury settlements will include punitive damages. Additionally, judges award punitive damages to punish gross negligence of the defendant. Some punitive damages awarded are:

  • Court reporter fees
  • Costs of exhibits
  • Reproduction fee
  • Fees charged by legal experts
  • Miscellaneous expenses

Compensation Limitations

Currently, the state of Florida does not limit compensatory damages compensation. However, there are limits to punitive damages to keep damages from becoming excessive. Punitive damages may not exceed:

  • Three times the amount of compensatory damages awarded.
  • Or $500,000

CONTACT

After an automobile accident, you may not know what to do or who to call. Don’t struggle through the process alone. Lastly, our personal injury team is here to help you with any legal needs you might have regarding your car, motorcycle, or trucking accident.

Let the Tampa auto accident attorneys at RHINO Lawyers answer your questions and review the facts of your case with a Free Consultation. Get started by completing the “Free Instant Case Evaluation” or by calling us any time, day or night, at 844.329.3491.

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