When you file civil suit over injuries you suffered in a car crash, the goal is not necessarily to make it as if your wreck never happened at all, but instead to reimburse you for the harm you suffered due to someone else’s negligence. Unfortunately, many negative effects of a high-speed traffic collision cannot be compensated with a one-time financial payout, though you can still recover civil compensation for them.
After a particularly serious car accident, you may be able to demand financial restitution for various damages, both economic and non-economic. Here is a brief exploration of non-economic damages in Texas car accidents and what a seasoned auto accident attorney on our team could do to help you maximize your recovery.
How Do Non-Economic Damages Differ From Economic Damages?
The trick to understanding non-economic damages in Texas car accident claims is right there in the name. They are losses that do not have objective financial values you can confirm through evidence such as bills, receipts, and invoices. Instead, they are things such as physical pain, emotional anguish, and decreased enjoyment of life. These certainly affect you negatively after a serious wreck, but they can only be valued in subjective terms based on how they have impacted you.
Obviously, this makes them difficult to factor into personal injury claims, especially if you have suffered a long-term injury with potentially life-changing consequences. Fortunately, legal counsel could help you establish how much money would fairly cover your non-economic losses and convince a court or an insurance company to award you that amount through a verdict or settlement offer.
Putting a Subjective Price on Non-Economic Harm
There are various methods to explore for determining a fair value for non-economic damages in a Texas car accident, not all of which are ideal for every single case. Generally, however, non-economic damages are calculated in relation to economic damages such as medical bills, lost work income, and car repair costs.
For example, you might argue that the total value of your non-economic losses is twice—or more—the total value of your economic losses based on the degree to which those losses will affect your life. Or you might argue that one day of pain and suffering is roughly equivalent to one day of lost work income and go from there.
Call Our Texas Law Firm if You Wish to Discuss Non-Economic Damages After a Car Crash
There are many ways to think about non-economic damages, and our personal injury attorneys can explain what is possible in your case. A member of our team could discuss whether these, or other strategies, might be best suited to your unique circumstances during a private initial consultation. Call today to schedule yours.
