If you experience a serious injury in a motor vehicle accident or another situation, it can impact your life in several ways. In fact, there are situations where accidents caused by another person’s negligence or recklessness can be life-changing.
According to Ohio law, you may be entitled to receive damages (financial compensation). Learn about the types of damages you may be able to recover here.
1. Economic damages
Economic damages are the financial losses that can be measured via your bills and other documentation related to the accident. They include costs incurred (or that you will incur) for accident-related medical treatment, physical rehabilitation and any other out-of-pocket costs.
Economic damages include any lost wages (current or future) due to your injury. This is true, no matter if the injuries are temporary or permanent. It is also possible to receive economic damages if you can return to work but must accept a lower-paying job due to the injuries you sustained.
2. Non-economic damages
You can also recover non-economic damages, which include any intangible losses related to your injuries. Some examples include disfigurement, pain and suffering, mental anguish and reduced quality of life.
It is worth mentioning that Ohio limits the non-economic damages you can receive. The caps are the greatest of either $250,000 or three times the total economic damages received, with a maximum of $350,000 per plaintiff and a total of $500,000 for all plaintiffs. There are special situations where caps do not apply.
Securing a fair verdict and settlement
Receiving fair compensation for your injuries may take time and effort. However, it is possible. Knowing your legal rights and options is the best way to ensure you get the compensation you are entitled to.