Compensatory damages compensate the plaintiff for damages, injuries, or other losses caused by the wrongful conduct of another party. Also called “actual damages”, compensatory damages are the main remedy granted in a successful tort action. Compensatory damages are money awarded to an injured party to compensate for damages, injuries, or other loss incurred. Compensatory damages are awarded in civil court cases where the loss has occurred as a result of the negligence or illegal conduct of another party.
In liability law, compensatory damages, also known as actual damages, are damages awarded by a court equivalent to losses suffered by a party. If a party's right was technically violated but no harm or loss was suffered, the court may instead award nominal compensation. Compensatory damages are monetary awards awarded to a plaintiff with the goal of compensating them for any loss or injury. Compensatory damages can be awarded in a wide range of personal injury claims caused by the negligence of another party or entity.
Personal injury law, also called liability law, is designed to compensate people who have suffered harm as a result of the actions of other people. You'll need to understand the types of compensation available to get a rough estimate of the value your personal injury case could be. The main difference between compensatory and punitive damages is their intended effects on the two opposing sides of a personal injury lawsuit.