Settlement amounts will vary greatly, because brain injuries themselves can present a variety of symptoms, from moderate to severe. Broadly speaking, compensatory damages can be divided in either of the two following categories:
Economic: this includes tangible losses such as property damage.
Non-Economic: this includes intangible losses, such as emotional distress.
Economic damages are intended to compensate a plaintiff for losses that a dollar amount can readily be attached to. Economic damages are calculated by determining the amount of out of pocket losses an aggrieved individual has or will expect to incur as a result of their injuries.
A few examples of economic losses include:
- Loss of Earning Capacity
- Medical Bills
- Lost Wages
Non-economic damages are essentially intended to cover losses that are thought of as subjective and will not necessarily cover out of pocket losses. Non-economic damages may include compensation for:
- Emotional Distress
- Pain And Suffering
- Loss Of Enjoyment Of Life
Examples Of Brain Injury Settlements
$26 million was recovered to a man in Florida man who endured permanent brain damage after being struck by a commercial truck.
$14 million was recovered by a woman who endured a traumatic brain injury after a faulty tire failed on her motorcycle.
$7.5 million was recovered by a woman who was hurt in a car accident, was in a coma for 3 weeks, and then required 2 months of rehabilitation.
$3.2 million was recovered by a truck driver in Virginia who suffered a traumatic brain injury while on the clock.