What Damages Are Available Through A Personal Injury Claim?
Deciding to file a personal injury claim is not always easy. To better understand if it makes sense for you, it may be helpful to know what types of compensation you can receive through a successful settlement or favorable verdict.
In Kentucky, there are several types of damages that accident victims may be awarded. Unlike some other states, there is no cap on the amount of damages a person can receive in Kentucky. At Taliaferro, Carran, Cowherd & Hampton, PLLC, in Covington, our goal will always be to achieve the highest possible award on your behalf.
Personal injury awards are divided into three types of damages: economic, noneconomic and punitive. Economic damages are those that can be quantified into a dollar amount. Examples include:
- Medical expenses related to the accident
- Lost wages
- Loss of earning capacity
- Property damage
- In-home care
- Funeral and burial expenses, in the case of a loved one’s death
- Other out-of-pocket costs related to the accident
Noneconomic damages are those that cannot be as easily measured. They often involve emotional damages or those related to changes in your life that were caused by the accident. Noneconomic losses are often the most difficult to recover from. They might include:
- Pain and suffering
- Loss of enjoyment of life
- Emotional anguish
Not every state allows for punitive damages in personal injury cases. Fortunately, Kentucky does. Punitive damages are those intended to punish the defendant for their negligence. Punitive damages can only be collected when it can be proven that the defendant was oppressive, fraudulent or malicious toward you. At Taliaferro, Carran, Cowherd & Hampton, PLLC, our attorneys have extensive experience successfully obtaining punitive damages on behalf of our clients.
Learn More About Your Options In A Free Consultation
Hopefully this information helps you better understand the possible outcomes of a personal injury claim. However, every situation is unique. To learn more about what may be possible in your specific case, speak with one of our lawyers in a free consultation. To schedule an appointment, call us at 859-757-4926 or 866-959-1943. You may also send us an email. We assist injured individuals and their families throughout Northern Kentucky.