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What is the difference between economic and non-economic damages?

Economic damages compensate for quantifiable financial losses directly tied to the accident, these include:

  • Medical expenses 
  • Lost wages or reduced earning capacity
  • Property damage
  • Other costs (e.g., transportation to medical appointments)

Non economic damages cover subjective, non-monetary harms such as:

  • Pain and suffering (physical and emotional)
  • Emotional distress
  • Loss of enjoyment of life
  • Loss of consortium

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