What Are Non-Economic Damages in New Mexico?
After being injured in an accident, you probably already know how your injuries are affecting your bank account. You’re probably dealing with medical expenses, lost income, and treatment costs associated with your injury. Many people don’t realize that they can seek payment for the non-economic damages they’ve suffered, as well.
What Are Non-Economic Damages?
Non-economic damages is a legal term used to encompass all the non-financial ways your accident has impacted you. In New Mexico, you are permitted to add these types of damages to an injury claim or lawsuit.
Some examples of non-economic damages are described down below.
- The physical pain of your injuries is one type of non-economic loss. Physical pain can negatively impact your life, causing you to suffer greatly.
- Mental and emotional distress following an accident can seriously affect your life happiness. The accident could have been frightening, and you could be dealing with residual trauma such as post-traumatic stress disorder (PTSD). PTSD can manifest itself in many ways, such as nightmares, difficulty sleeping, fear, and anxiety.
- Permanent injury is a non-economic loss because there’s no way to put a price tag on mobility and health. A permanent injury can leave you disabled, or it can limit your enjoyment of life and work.
Calculating non-economic damages is not an easy task to accomplish, but working with a lawyer in New Mexico can help you to account for the negative effects in your life by adding them to your claim.
Contact a New Mexico Personal Injury Attorney
You deserve to receive full and fair compensation for all the negative effects of your accident, financial and non-financial. A lawyer at our firm is ready to help you achieve case success. Tell us about your accident and desired outcome during a free initial case consultation. Will Ferguson & Associates can be contacted through the submission form below or by calling 505-633-0750.