The goal of a personal injury lawsuit is to make the victim “whole” again—that is, to provide them with the financial resources they’ll need to undo as many of the effects of their injuries as possible. Complicating this goal, though, is the fact that not all of these effects have an obvious, quantifiable value. To address this, two primary categories of compensatory damages exist: pecuniary and non-pecuniary. Here’s what you need to know about these terms and how they could affect your personal injury suit.
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Pecuniary and Non-Pecuniary Damages: What Is the Difference?
The goal of a personal injury lawsuit is to make the victim “whole” again—that is, to provide them with the financial resources they’ll need to undo as many of the effects of their injuries as possible. Complicating this goal, though, is the fact that not all of these effects have an obvious, quantifiable value. To address this, two primary categories of compensatory damages exist: pecuniary and non-pecuniary. Here’s what you need to know about these terms and how they could affect your personal injury suit.
How To Settle An Accident Benefit Claim
A motor vehicle accident causing a personal injury is not only highly traumatic but can make for a complicated claims process. In fact, it’s not uncommon to see an accident claim go on for two years or longer. In order to save time and money, it’s in the interest of all parties to negotiate a settlement before a claim has to progress to court.
Causes of Motorcycle Accidents in Ontario and How To Avoid Them
Riding a motorcycle is fun and exciting, especially if you want to explore the scenic roads of Ontario. However, at some point, it can be extremely dangerous. Here's what you need to know about motorcycle accidents in Ontario. Motorcycle riders are exposed to...
Pedestrian Injuries in Ontario
Pedestrian injuries, an increasingly serious issue in Ontario, have been a cause of concern for both citizens and policy-makers. With the rise in urbanization and population growth, the number of pedestrians on the streets has also increased significantly....
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Understanding the Difference Between Short Term and Long Term Disability Insurance
The goal of a personal injury lawsuit is to make the victim “whole” again—that is, to provide them with the financial resources they’ll need to undo as many of the effects of their injuries as possible. Complicating this goal, though, is the fact that not all of these effects have an obvious, quantifiable value. To address this, two primary categories of compensatory damages exist: pecuniary and non-pecuniary. Here’s what you need to know about these terms and how they could affect your personal injury suit.
Pecuniary and Non-Pecuniary Damages: What Is the Difference?
The goal of a personal injury lawsuit is to make the victim “whole” again—that is, to provide them with the financial resources they’ll need to undo as many of the effects of their injuries as possible. Complicating this goal, though, is the fact that not all of these effects have an obvious, quantifiable value. To address this, two primary categories of compensatory damages exist: pecuniary and non-pecuniary. Here’s what you need to know about these terms and how they could affect your personal injury suit.