A car crash, slip and fall, or other accident affects you in many ways. Your economic losses—lost income, repair bills, medical expenses, etc.—are easier to quantify. But what about your non-economic losses, such as your physical pain and reduced quality of life?
If you want to maximize your compensation in an Oklahoma personal injury claim, it’s vital to understand economic vs. non-economic damages.
How Cain Law Can Help Fight for Your Damages
In a personal injury case, your “damages” refer to the money you recover for your losses resulting from someone else’s careless or intentional actions. At Cain Law, we work tirelessly to help you recover maximum compensation for the harm you’ve suffered.
Our team can investigate the accident, gather evidence to prove who caused your injuries, and build a compelling case showing how your injuries have affected your life. We can collect your medical records, work with experts, and document every loss you’ve suffered—big or small.
Whether you’re dealing with physical pain, missed work, or emotional distress, we’ll make sure nothing gets overlooked. Insurance companies will often try to minimize your claim, but we’ll push back with facts, proof, and airtight legal arguments.
What Is the Difference Between Economic and Non-Economic Damages?
There are different types of damages in Oklahoma. Economic damages cover the financial costs of your injuries—things you can add up with bills, receipts, or pay stubs. Non-economic damages, on the other hand, are about the personal impact of your injuries.
These include losses that don’t have a precise dollar amount. While economic damages are easier to measure, non-economic damages are just as important for your recovery. Non-economic damages can also significantly increase your overall compensation.
Oklahoma Economic Damages Explained
Your economic damages in an Oklahoma personal injury case include compensation for:
- Medical expenses
- Lost wages
- Reduced earning capacity
- Property damage
You need solid documentation to prove your economic losses. Medical bills, receipts, pay stubs, and tax records can show how much money you’ve lost or spent because of the accident. Similarly, a letter from your employer can confirm missed work, while expert testimony may help explain long-term financial effects.
Oklahoma Non-Economic Damages Explained
Your non-economic damages in an Oklahoma personal injury case include compensation for:
- Pain and suffering
- Emotional distress
- Loss of enjoyment of life
- Loss of companionship
- Scarring or disfigurement
By their nature, non-economic damages are more personal and harder to measure. Your Oklahoma personal injury attorney may use medical records, therapy notes, a personal journal, or testimony from your friends or family to prove these losses. Photos and expert opinions can also help show how your injuries have affected your emotional well-being and limit your day-to-day activities.
Contact Cain Law
Cain Law understands the full scope of how severe injuries can affect your life. We will work hard to recover maximum compensation and hold whoever caused your injuries accountable.
You have just two years after an accident to file a personal injury lawsuit. Waiting to talk to an attorney makes it much harder for them to find and collect the evidence they need to maximize your claim’s value. Call Cain Law now or complete our contact form for a free consultation.