Types of Compensation Can I Get in Kentucky
Each personal injury case is unique, so it’s impossible to say for sure how much or what kinds of compensation you may be eligible for before thoroughly investigating your situation. This is heavily dependent on what type of accident caused your injuries, what parties were involved, the severity of your injuries, and countless more factors. However, there are three key types of compensation potentially available for you and your legal team to fight for:
Economic Damages
This type of compensation covers all of the tangible impacts on your financial well-being, which include:
- Medical bills
- Rehabilitation
- Lost wages
- Loss of employment
- Lost earning capacity
- Property damage
- Domestic services
This is not an exhaustive list of all the potential economic damages — your attorney will work closely with you to create a detailed list of every financial implication of your injury and fight to ensure you receive the compensation you need.
Non-Economic Damages
This type of compensation covers the intangible impacts of your injury that do not have a set monetary value. This can include:
- Mental anguish
- Psychological distress (such as PTSD)
- Physical pain and suffering
- Disfigurement
- Loss of society and companionship
- Loss of consortium
- Loss of enjoyment of life
Calculating these types of damages can be extremely difficult, but an experienced Lexington personal injury lawyer understands how to navigate this process to put you in the best position to fight for the maximum compensation possible. Because this type of compensation can be extremely subjective, you need to make sure you can trust your legal representation to create a comprehensive argument for the non-economic damages you may have suffered in your accident.
Punitive Damages
This type of compensation is significantly less common than the other two forms and is typically not something that can be expected in most lawsuits. This type of compensation is implemented to punish the at-fault party for egregious or repeated dangerous actions as a financial deterrent to discourage engaging in similar behavior in the future. Punitive damages, if awarded, will be in addition to any economic or non-economic damages.