Posted in Personal Injury on January 8, 2021
If you or somebody you care about sustains an injury caused by the careless, negligent, or intentional actions of somebody else, this can lead to significant setbacks. Not only will you have to deal with physical and emotional pain and suffering, but you will also have to contend with incoming medical bills, lost wages, out-of-pocket expenses, and more. You should be able to recover compensation either through an insurance settlement or a personal injury lawsuit verdict, but do you know whether or not Georgia places limitations on the amount of money you can recover? Here, we want to discuss whether or not there are any damage caps in a Georgia personal injury lawsuit.
Before we discuss whether or not there are limitations in place on damages awarded in an Atlanta personal injury lawsuit, we want to mention the most common types of compensation available in these cases.
In order to calculate economic damages in a Georgia personal injury claim, a victim or their attorney will add up all of the bills, receipts, and proof of expenses in order to reach the correct amount. However, calculating non-economic damages is a bit more challenging. There are no bills or receipts that can show payment suffering directly, so attorneys will often use a “multiplier method.” This requires that they add up all of the economic damages and then multiply this by a set number (usually 1.5 to 5) to reach the total amount that they will ask for.
For example, if an injury victim sustains $100,000 worth of medical bills and lost wages, an attorney may use a multiplier of three to come up with $300,000 for their non-economic compensation request. In total, the victim and their attorney will ask for $400,000 in this theoretical case.
In general, there are no limitations placed on the amount of economic or non-economic damages awarded in personal injury cases in Georgia. However, there are some exceptions to this.
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