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What kinds of damages can you obtain after a car wreck?

On Behalf of | Jun 10, 2022 | Uncategorized

You don’t need anyone telling you about the injury hazards associated with motor vehicle accidents. However, you may benefit from discovering more about the financial compensation available to North Carolina accident victims.

Assuming you or a loved one has recently suffered harm in a crash, the sections below will help you learn about the restitution you might win. Financial compensation allows you to address the many expenses that go hand-in-hand with a severe accident injury.

Economic damages

Economic damages compensate you for the financial fallout of a vehicle crash. It allows you to pay for the accident-related medical care you may need and the repair (or replacement) of damaged property, such as your vehicle and its contents. It can also replace the wages you lost due to the accident.

Non-economic damages

Crash victims may also qualify for pain and suffering or non-economic damages. These damages address the hard-to-quantify harm you suffered in an accident. For example, if the collision leaves you extremely depressed or fearful of another crash, you may be eligible for mental anguish compensation. It is also available for victims struggling to cope with any lingering pain and suffering they continue to experience after a severe accident.

Punitive damages

Unlike most states, North Carolina permits accident victims to seek punitive damages in limited circumstances. Say that the other motorist acted with gross negligence or intentional misconduct, resulting in a collision. Their actions in causing the crash might give you the right to claim punitive damages to punish the negligent driver.

The economic and other hardships that arise after an accident can devastate your life. Continue learning more about injury and accident compensation to ensure you find a path for maximizing your restitution.