The Invisible Costs Calculating Pain and Suffering in Personal Injury Damages
When considering personal injury damages, one of the most challenging aspects to quantify is the calculation of pain and suffering. Unlike tangible costs such as medical bills or lost wages, which can be calculated with relative ease and precision, pain and suffering damages are subjective and lack a fixed monetary value. This complexity not only poses a challenge for legal professionals and insurance companies but also significantly affects the victims who endure these non-physical losses.
Understanding Pain and Suffering Damages
Pain and suffering refer to the physical discomfort and emotional distress a person endures as a result of an injury. This can include physical pain, mental anguish, loss of enjoyment of life, fear, anxiety, and even insomnia. These damages are considered non-economic because they are not easily quantifiable in monetary terms.
The Challenge of...