FOR THE SETTLEMENT YOU DESERVE.

What Are Economic Damages in Michigan?

Accidents that cause injuries can lead to tremendous upheaval in your life. Not only are you suffering from great physical pain, you may also be permanently disabled and suffering from mental trauma as a result of the accident. If you are permanently disabled, you may be extremely worried about what your life will be like from now on.

When you’ve been injured as a result of another person’s careless actions, you can file a personal injury claim to recover monetary compensation for all of your suffering. This type of compensation is intended to help you recover your economic and non-economic losses (or damages) from the accident. But what are economic damages in Michigan?

Economic vs. Non-Economic Damages in Michigan

Two main kinds of damages can be awarded in a Michigan personal injury case: economic and non-economic damages.

Economic damages are those losses you’ve suffered that are monetary in nature. For example, if you were injured at your workplace and you missed wages as a result of your injury, those lost wages would translate to an economic damage.

Non-economic damages are losses that don’t come with a price tag. For example, the mental anguish you suffered from a particularly violent car wreck or the depression you’ve experienced as a result of the loss of a limb could be considered non-economic damages.

The following are examples of economic damages in Michigan:

  • The loss of or damage to your personal property
  • Medical bills and other related expenses
  • Lost wages and future lost earning potential
  • Caregiving expenses and mobility devices
  • Mileage to and from medical appointments

Non-economic damages include the following:

Work with a Michigan Personal Injury Attorney

We hope you now have a better picture of what Michigan classifies as economic damages in personal injury claims. If you’ve been injured in an accident that wasn’t your fault, you can seek compensation to cover every hardship you’ve suffered.

For help, contact a Michigan personal injury lawyer with David Christensen Law. We offer a free case review when you call 248-213-4900 or complete the online contact form below.