Compensatory vs. Punitive Damages: What’s The Difference?
Compensatory damages and punitive damages are two types of damages that can be awarded in a legal case.
Compensatory damages are intended to compensate the plaintiff for the harm or losses they have suffered as a result of the defendant’s actions. These damages can include reimbursement for medical bills, lost wages, property damage, and other tangible and intangible losses. The purpose of compensatory damages is to put the plaintiff back in the position they were in before the harm occurred.
On the other hand, punitive damages are intended to punish the defendant for their wrongful actions and to deter others from engaging in similar conduct in the future. Punitive damages are usually only awarded in cases where the defendant’s conduct was particularly egregious or intentional, and where compensatory damages alone would not be sufficient to deter future wrongdoing. The amount of punitive damages awarded is usually determined based on factors such as the severity of the defendant’s conduct and their financial situation.
Overall, compensatory damages are designed to compensate the plaintiff for their losses, while punitive damages are meant to punish the defendant and deter others from similar behavior.
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Coffman Law is committed to providing superb legal representation for people who are suffering from severe personal injuries or are dealing with the loss of a loved one due to negligence or misconduct. Coffman Law is a results-driven firm focused on ensuring that clients receive the compassion, attention, and consideration that they need to seek adequate redress for injuries or loss. The firm is led by Owner and Founding Partner Brian Coffman, who has dedicated his career to helping accident victims navigate the legal system and obtain redress for their injuries. If you have been injured or lost a loved one, contact Coffman Law today for a free consultation.