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What Are Economic Damages in Indiana?

When you’re injured by someone else’s reckless or careless actions, you’re likely dealing with several damages at once, both economic and non-economic. These damages can help you recover from your injuries, so what are economic damages in Indiana, and what compensation should you expect from them?

If you’ve been injured in a serious accident, make sure you’re getting the full compensation you deserve. A lawyer from Kooi Law can help you recover from the suffering you’ve experienced.

Your Expenses After an Accident

Economic damages cover the monetary expenses you’ve suffered because of your accident. For example, you might have been injured, your car might be totaled, and you might be missing work because of your injuries. All these damages are financial losses, and they can be expensive ones.

Fortunately, Indiana law allows you to seek compensation for the damages you suffered as a result of someone’s negligent behavior.

For example, if you suffered a traumatic brain injury (TBI) during a motor vehicle collision with a drowsy truck driver, you might need multiple surgeries, physical and occupational therapy, and mental health treatment. All of these damages should be included.

Discuss the following economic damages with your lawyer when preparing your claim:

  • Medical bills
  • Lost wages
  • Property damage
  • Household services
  • Household accommodations

Long-Term Costs of an Injury

If you suffered severe injuries, you could be paying for your expenses for months or years after the accident. Injuries vary, and their recovery needs and time frame vary, too.

As such, your compensation for your economic damages should cover your long-term expenses, as well. After all, a serious injury such a spinal injury can cause permanent impairments. In those cases, you might need long-term medical care, as well as compensation for a loss of earning capacity and the lifestyle changes you’ll need to make.

For instance, a spinal injury could lead to paralysis below the point of the injury. You may no longer be able to walk, which limits your ability to maintain your home and to live without assistance. You might also receive regular physical therapy to adjust to your new lifestyle. Finally, you might need to make modifications to your vehicle or home, which can get pricey.

Get All Your Damages Covered

After a serious injury, it can be tough to recover completely. You know you need compensation, but what qualifies as economic damages in Indiana? Understanding which items you can include in your injury claim will be vital to securing the maximum compensation you deserve.

That’s where a lawyer from Kooi Law can help. You deserve compensation when someone else injures you, and we can help ensure they pay for all the ways your life has been affected by the accident.

When you’re ready to hold the at-fault party accountable, reach out today to schedule a free consultation, where we can discuss the extent of your damages and how we will work to secure maximum recompense for you. Give us a call at 317-569-1335 or complete the online form below.

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