A Compassionate And Reliable Personal Injury Attorney You Can Trust

Recovering Compensatory Damages In Pennsylvania

At McComsey Law, LLC, in Quakertown, we help people who have been injured in Pennsylvania and need a lawyer’s assistance. Our attorney, Jill McComsey, has the experience, knowledge and compassion you want in a personal injury lawyer.

After a personal injury or a wrongful death, you and your family will need compensation for the financial and personal losses you suffered. Getting this compensation may be difficult on your own, however. Insurance companies are not in the business of just paying out damages without a fight. We can protect your interests and pursue the compensation you deserve while ensuring you have direct access to Jill throughout your case.

What Are Compensatory Damages?

Compensatory damages are meant to compensate you after you suffer losses resulting from another party’s negligence. The intent is to make you whole again, to the extent that is possible.

Economic And Noneconomic Damages

After an accident or injury, you are typically entitled to seek economic and noneconomic damages from the negligent party. Economic damages are for the financial losses you have suffered. This includes:

  • Medical expenses
  • Lost wages and benefits
  • Reduced earning capacity
  • Reasonable funeral and burial costs
  • Loss of contributions to the household
  • Property damage to a vehicle

Where applicable, the damages will be for past and future losses. One of the steps in valuing your claim is calculating the financial compensation you will need for the expenses and financial losses you have incurred and will be affected by in the future.

Noneconomic damages, on the other hand, are compensation for personal losses, which may include:

  • Pain and suffering
  • Mental anguish
  • Loss of enjoyment of life
  • Loss of consortium

While nothing can erase your personal losses, these damages are to help you move forward with your life.

Questions We Frequently Get About Compensatory Damages

We know that the process of filing a claim for damages can be confusing, especially when you’ve never had to do so before. Here, we have answers some of the questions we often hear from our clients.

What is the difference between compensatory and punitive damages?

Compensatory damages are meant to restore you to the circumstances you enjoyed prior to the accident, injury or death. Punitive damages are a way to punish the negligent party for the harm they have caused you and your family. They are awarded only in cases of extreme negligence or willful wrongful conduct.

Are compensatory damages taxable?

Compensatory damages typically are taxable if they are for:

  • Lost income, because income is taxable
  • Any interest the award or settlement earns
  • Any medical costs you have already used as tax deductions
  • Mental anguish that is not the result of a physical injury

In addition, punitive damages are taxable.

What are common examples of compensatory damages?

The most common types of compensatory damages are:

  • Medical bills
  • Vehicle damage from an accident
  • Lost income
  • Reduced earning capacity
  • Pain and suffering
  • Emotional distress
  • Loss of enjoyment of life

Contact McComsey Law, LLC, Today For A Free Consultation

Call us at 610-936-6542 or contact us online to set up a consultation with Jill. Initial consultations are free.