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Category: Compensation & Damages

A split-screen comparison showing "Economic" damages with medical bills and a calculator on the left, and "Non-Economic" damages represented by a person in emotional distress on the right.

Difference Between Economic and Non-Economic Damages

When filing a personal injury claim, the ultimate goal is to recover “damages.” In legal terms, damages refer to the monetary compensation awarded to an injured party. To ensure a fair settlement, the law categorizes these losses into two primary types: economic and non-economic damages. Understanding the distinction between the two is vital for accurately […]