7.26 Damages: Compensatory are monetary awards that are given to an injured party as compensation for damages or losses caused by another party’s wrongful or negligent acts. Generally, compensatory damages are intended to restore the injured party to the same financial position they were in prior to the damage or injury. There are two main types of compensatory damages: general damages and special damages. General damages are non-economic losses, such as pain and suffering, loss of consortium, or loss of enjoyment of life. Special damages are economic losses, such as medical bills, lost wages, and property damages.