Limit on damages I can receive after a car accident?

In Tennessee, if you are involved in a car accident, you often can receive compensation for the damages you sustained as a result. You may be able to recover money for medical expenses, lost wages, or even pain and suffering. However, there are limits on how much a person can receive in personal injury rewards such as these.

 

Damages can generally fall into two categories: economic and non-economic. Economic damages include costs that result from medical bills or repairing damaged property. Non-economic damages cover all other types of money allotments, such as for emotional distress or pain and suffering. The amount of compensation you receive for non-economic damages may be limited according to your local laws.

 

Damage limits are in place in order to protect the greater economy. They manage the high costs of business by reducing service-provider liability. This may seem unfair, but because business costs are generally passed on to the consumer, limiting the business cost generally helps lower the cost to consumers as well. Caps on damage amounts also serve to prevent frivolous lawsuits that might otherwise be brought in order to try to win big verdicts.

 

If your case is submitted to a jury for a damage amount determination, the damage limits still apply. Juries are generally not instructed on the applicable damage limits. Rather, they are told to determine the amount they think is a fair award. That damage award is then modified afterwards in order to adhere to that state’s damage limitations.

 

If you or a loved one is considering a personal injury claim, an experienced Murfreesboro car accident attorney can help you see what compensation amounts would be available to you through a personal injury lawsuit. Victims deserve appropriate compensation for their injuries and personal injury suits are designed to offer that financial assistance when it is needed.

 

0