Economic and Non Economic Damages in a Personal Injury Case

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In this video. What I’d like to discuss with you is the fact that we have two different types of damages. Typically in a personal injury case that we deal with, we have economic damages. Those are damages for medical bills, hospital stays, things of that sort and then non-economic damages, pain and suffering, loss of enjoyment of life. These types of, these types of damages oftentimes aren’t fully realized until the case gets set for trial. What I mean by that is most insurance carriers and these days aren’t giving a lot of those intangible or non economic damage values pre-suit and so we have a lot of clients that are really puzzled by this because they might not ever be able to, let’s say go zip lining ever again or they might not ever be able to go play golf again. This is a pain and suffering non-economic type of damage that insurance companies, at least from the pre-suit standpoint, meaning during the claims process aren’t putting a lot of value on.

This is why it’s very important to know your law firm has the ability to go to trial and hold these insurance companies accountable for your true value, your whole value of the damages that you’ve incurred, including those noneconomic type damages, such as pain and suffering. And so most of the times, those valued types of, um, uh, damages related to pain and suffering really get attacked and really get developed during a lawsuit. So it’s important to know that when you’re talking to a potential attorney to hire that attorney and those law firms have the ability to file a lawsuit and go the distance to go to trial to make sure you get the full value of your case for your personal injury case, especially here in St. Petersburg, Florida. If you have any questions, please contact us for a free consultation.

*The above has been transcribed by a third party service and has not been checked for accuracy.

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If you or a loved one have been injured in an accident, then you should take the proper measures to ensure you receive the compensation you deserve. Contact St. Petersburg Personal Injury Attorneys McQuaid & Douglas today and speak with an attorney. For over 60 years our firm has been successfully helping people who have been injured due to someone else’s carelessness. We have been nationally ranked for decades by US News and World Reports as a Tier 1 law firm, which is the highest ranking that can be received. Sean McQuaid and Jonathon Douglas have dedicated their careers to continuing the firms legacy of superior legal representation.

Remember that we never charge a fee, unless we win. Call us today at 727-381-2300 so that we may answer your questions, help you navigate the complexities of insurance claims, and recover the compensation that you deserve.

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St. Petersburg Personal Injury Attorneys McQuaid & Douglas
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Sean McQuaid and Jonathon Douglas were voted best personal injury attorneys in Saint Petersburg, Florida for 2019.

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