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In tort law, compensatory damages, also known as actual damages, are damages awarded by a court equivalent to the loss a party suffered. If a party's right was technically violated but they suffered no harm or losses, a court may instead grant nominal damages. The Supreme Court held in Birdsall v.
Some of the most common compensatory damages awarded in a personal injury claim are: Medical expenses (past, present, and future costs) Lost wages from missing work. Pain and suffering.
(8) "Compensatory damages" means economic and noneconomic damages. The term does not include exemplary damages. (9) "Future damages" means damages that are incurred after the date of the judgment. Future damages do not include exemplary damages.
Special Compensatory Damages: These are intended to cover specific, quantifiable financial losses incurred by the plaintiff. Examples include medical expenses, lost wages, property damage, and out-of-pocket costs related to the injury.
There are two parts to a personal injury compensation settlement: General Damages ? to compensate you for your injury and for your pain and suffering. Special Damages ? to compensate you for any expenses you've incurred, loss of earnings, and your future care needs.
The average settlement amount for Arizona personal injuries typically ranges from roughly $5,000 to $80,000, though insurance companies often settle in the $100,000 plus range, and many of our clients have received much more.
Personal injury compensation awards will be calculated based on the type and seriousness of your injury, and any other losses you have suffered as a result, such as medical bills or if you cannot work.
These general compensatory damages include: Mental anguish. Disfigurement. Future medical expenses. Future lost wages. Long-term physical pain and suffering. Loss of consortium. Inconvenience. Loss of enjoyment of life.