The potential damages you can recover after a car accident are mainly classified into two categories – economic and non-economic damages. Economic damages refer to quantifiable financial losses, such as medical expenses, property damage costs, lost income, and loss of earning capacity. Conversely, non-economic damages refer to non-monetary losses which are less tangible and more subjective. Some of these include pain and suffering, disfigurement or permanent scarring, emotional distress, loss of enjoyment of life and loss of consortium.
