Firm Videos
What are common examples of economic and non-economic damages in New York?
In car accidents in New York, there’s two types of damages. There’s economic damages and non-economic damages. Economic damages include past and future loss of income, past and future out-of-pocket expenses. It could include future medical care that’s going to have to be paid for. Non-economic damages is really what you hear about in terms of past and future pain and suffering. Meaning what is the value of somebody’s past pain and suffering or what they’ve been through and their future pain and suffering or what they’re going to go through, what kind of treatment they’re going to go to, how these injuries are going to affect them for the rest of their lives. Every personal injury case, but especially car accidents, we are considering both economic and non-economic damages to put together the maximum settlement for our clients..