What Is The Difference Between Economic and Non-Economic Damages

One of the questions we’re often asked is “how much is a fair settlement for my case” or “how much is my case worth?” 

In order to answer  that question we have to look at what the law can award for damages. In Connecticut, plaintiff’s can be compensated for both “economic” and “non-economic” damages.

What is the difference?

“Economic damages” are compensation for pecuniary losses including but not limited to medical care, rehabilitative services, custodial care and loss of earnings or earning capacity.

Non-economic damages are for all non pecuniary losses including,  loss of enjoyment of life, physical pain and suffering and mental and emotional suffering.

You May Also Like:

How To Calculate Pain and Suffering

Connecticut Wrongful Death Verdict Amount

Dog Bite Verdict

Ryan McKeen is a trial attorney at Connecticut Trial Firm, LLC in Glastonbury, Connecticut. In 2016, he was honored by the CT Personal Injury Hall of Fame for securing one of the highest settlements in the state. He is a New Leader in the Law. ABA 100. Avvo 10. 40 under 40 for Hartford Business Journal. He has been quoted in Time Magazine, the New York Times, Hartford Courant, Wall Street Journal Law Blog and the Hartford Business Journal. He focuses his practice on Connecticut Personal Injury law. He loves what he does. Contact him ryan@cttrialfirm.com or 860 471 8333

Call Now Button