Compensatory Damages
Compensatory damages are the most common type of damages awarded in a personal injury lawsuit. These damages are meant to “compensate” the injured person for their losses, such as medical bills, lost wages, and pain and suffering. Compensatory damages are typically awarded to the injured person in a lump sum payment, although some may be awarded in the form of periodic payments.Punitive Damages
Punitive damages are a type of damages that are meant to punish the person or company that caused the injury. These damages are typically awarded when the person or company acted with gross negligence or malice. Punitive damages are usually awarded in addition to compensatory damages and are meant to deter similar behavior in the future.Nominal Damages
Nominal damages are typically awarded when the injured person suffered a minor injury or when the court finds the defendant was not liable for the injury. These damages are usually a small amount of money, such as $1, and are meant to recognize that the injured person was wronged but did not suffer any real losses.When it comes to filing a personal injury lawsuit, it’s essential to understand the different types of damages that may be awarded. Compensatory damages are the most common type of damages awarded in a personal injury lawsuit, but punitive and nominal may also be awarded in certain cases.
At McNabola & Associates, LLC, our experienced personal injury lawyers are here to help you understand the different forms of damages in a personal injury lawsuit and how they can help you get the compensation you deserve. Contact us today to learn more.