Compensatory damages are monetary awards to the plaintiff for damages that have actually occurred. They are the most common type of damages awarded to Plaintiffs. Compensatory damages can include payment from the Defendant to compensate you for, among other things, lost wages, lost profits, hospital bills (current & future), cost of home medical care (including medical equipment such as beds, wheelchairs, etc.) property damage, mental anguish, loss of friends, loss of respect in the community, loss of reputation, loss of consortium, and pain & suffering. The purpose of compensatory damages is to put you back in the position that you were in prior to the injury or property damage caused by the Defendant. Insurance companies sometimes call compensatory damages "special damages."
Contact NY Accident Lawyers Goidel and Siegel for legal advice.
We handle personal injury cases exclusively, and our knowledge of this area of the law is extensive.
We have represented victims of serious accidents and assaults for more than 17 years.
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