Once duty, breach, and causation have been established, the next step is determining the amount of damages suffered, so that an injured party can be compensated for those damages. Common personal injury damages that a person may suffer include: Expert witnesses may be retained to aid in determining the amount of damages sustained by an injured party and to present this evidence to a jury. This is often the case in property damage valuation, which can be quite complex. If property has been destroyed so that it is no longer usable use and has no salvage value, the measure of damages may be set at the fair market value of the property immediately before its loss. In most cases, an injured party may recover for loss or harm, both present and future, which are the natural, necessary, or reasonable result of the damage. In the event that the damaged property can be repaired, the damages may be set at the amount of the repair costs, plus the loss of its use by the owner. However, if the cost to repair the property is greater than the fair market value of the property before its loss, damages may be limited to the fair market value. Furthermore, interest and loss of profits may be considered, in addition to the cost to repair or replace, plus loss of use. Punitive damages are often determined after an inquiry reveals the wealth of the wrong-doer. For example, while punitive damages in the amount of $10,000 is typically sufficient to deter similar acts or omissions for most people, it would not be if the wrong-doer is a multi-millionaire, so the amount would be greater. However, an award of damages that results from the passion or prejudice of a jury (that is, it is not supported by the evidence and does not relate to actual damages suffered) can be set aside by a judge upon review.Determining Damages and the Value of Property
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A glossary of common terms and their meanings.
Outline of the stages of a personal injury case. This includes contacting a lawyer, finding facts, settlements, trials, and collecting damages.
An overview of fault and damages in a Personal Injury lawsuit.
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