Types of Compensation Available After a Car Accident in New Jersey

Types of Compensation You Can Recover After a Car Accident in New Jersey

If you've been injured in a car accident in New Jersey, you may be entitled to various forms of financial compensation. At Khorozian Law Group, we are dedicated to helping accident victims recover full and fair damages for their physical, emotional, and financial losses. Understanding the types of compensation available is crucial to ensuring you don't settle for less than you deserve.

📞 Call (201) 944-9200 today or use our contact form  to schedule your free consultation with a trusted New Jersey auto accident attorney!


Economic Damages After a New Jersey Auto Accident

Economic damages refer to the measurable financial losses you suffer as a direct result of the accident. These damages are typically proven through bills, pay stubs, receipts, and other documentation.

1️⃣ Medical Expenses

You can recover compensation for all medical costs related to your injuries, including:

  • Emergency room visits

  • Ambulance fees

  • Hospital stays

  • Surgeries

  • Prescription medications

  • Physical therapy and rehabilitation

  • Future medical treatments and care needs

2️⃣ Lost Wages

If your injuries caused you to miss work, you are entitled to recover the wages you lost during your recovery period. This also includes time missed for medical appointments related to the accident.

3️⃣ Loss of Future Earning Capacity

If your injuries permanently affect your ability to work or force you into a lower-paying job, you may be compensated for loss of future earnings. An expert witness may be needed to calculate the long-term financial impact.

4️⃣ Property Damage

You can also recover the costs of repairing or replacing your vehicle, along with any other personal property damaged in the crash.


Non-Economic Damages Available in New Jersey

Non-economic damages compensate you for intangible losses that don't have a direct monetary value but greatly affect your quality of life.

5️⃣ Pain and Suffering

Pain and suffering covers the physical pain and emotional distress caused by your injuries, both immediately following the accident and into the future.

6️⃣ Emotional Distress and Mental Anguish

You may be entitled to damages for psychological impacts such as anxiety, depression, PTSD (post-traumatic stress disorder), and diminished quality of life after a serious accident.

7️⃣ Loss of Enjoyment of Life

Serious injuries may limit your ability to participate in hobbies, sports, family activities, or other aspects of life you once enjoyed. You deserve compensation for these losses.

8️⃣ Loss of Consortium

Spouses of injury victims may also recover damages for loss of companionship, support, and intimacy as a result of serious injuries.


Punitive Damages in New Jersey Car Accident Cases

In rare cases involving gross negligence or willful misconduct (such as drunk driving accidents), New Jersey courts may award punitive damages. These damages are intended to punish the wrongdoer and deter similar reckless behavior.

Note: New Jersey caps punitive damages at five times the compensatory damages awarded or $350,000, whichever is greater.


Wrongful Death Damages After a Fatal Auto Accident

If a loved one was tragically killed in a car accident, surviving family members may file a wrongful death claim to recover compensation for:

  • Funeral and burial expenses

  • Loss of financial support and household services

  • Loss of companionship and guidance

  • Emotional suffering of surviving family members

At Khorozian Law Group, we handle wrongful death cases with the compassion and aggressive advocacy families deserve.


How Khorozian Law Group Maximizes Your Compensation

Insurance companies often minimize settlements to protect their profits. Without an experienced New Jersey car accident lawyer, you risk accepting an offer that does not reflect the full value of your claim.

When you work with Khorozian Law Group, we:

  • Thoroughly investigate your accident

  • Collect strong evidence and expert testimony

  • Accurately calculate all damages (past, present, and future)

  • Aggressively negotiate with insurance companies

  • Take your case to court if necessary

We are committed to recovering the maximum possible compensation for every client we represent.


Get the Compensation You Deserve | Free Consultation

Don't leave your financial future to chance. If you've been injured in a New Jersey car accident, contact Khorozian Law Group today for a free, no-obligation consultation.

📞 Call (201) 944-9200 or use our contact form to get started.

  • This field is required.
  • Valid phone number required.
  • This field is required.


We proudly serve clients across Bergen County, Passaic County, Hudson County, Essex County, Morris County, and beyond.

Menu