What term is used for incidental damages suffered by the injured party?

Prepare for the Property and Casualty Insurance Exam. Study with flashcards, multiple choice questions, hints, and explanations. Gain confidence for your test!

The term used for incidental damages suffered by the injured party is special damages. Special damages refer to quantifiable monetary losses that are a direct result of an injury or accident, such as medical expenses, lost wages, and costs associated with property damage. These damages can be calculated and proven through receipts, bills, and other documentation, making them distinct from other types of damages.

General damages, on the other hand, are more subjective and typically cover non-economic losses such as pain and suffering or emotional distress, which are not easily quantifiable. Compensatory damages is a broader term that generally encompasses both general and special damages. Punitive damages serve a different purpose, as they are intended to punish the wrongdoer and deter similar conduct in the future, rather than compensate the injured party for specific losses.

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