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Understanding Economic Losses vs. Non-Economic Damages After a Car Crash in Newark
Two Kinds of Loss After a Collision When you are hurt in a car wreck, the financial impact can be split into two broad categories: economic losses and non-economic damages. Economic losses are the hard numbers, things you can add up on a calculator. Non-economic damages are the subjective, personal toll that a crash takes on your life. Knowing the difference between them matters because each type is proven differently, and each compensates you for a distinct part of what yo