Economic Damages

What are Economic Damages?

Economic Damages is a term that encompasses any kind of financial loss that an injury victim has incurred due to an accident. They are damages that can hypothetically be measured at an exact dollar amount. Because of this, they are more objectively-measured than non-economic damages. They can include medical expenses, loss of income, and funeral expenses among other monetary costs. Economic damages are also known as pecuniary damages. 

Quantifying the level of economic damages incurred after an accident impacts the damages that may be received by a plaintiff in a lawsuit. A plaintiff being able to recover from financial losses and become whole again following a defendant’s negligence is considered a function of the justice system. Because economic damages need to be objectively measured, much evidence needs to be provided for accuracy.

According to the American Bar Association (ABA), many states follow the Economic Loss Doctrine, which holds victims from recovery when “the negligence of others results in purely economic loss.” That is to say that in many cases, something like injury or distress needs to be proven in order for a victim to recover damages. In concept, this is to prevent plaintiffs from seeking recovery that is greater than necessary.

More information about Economic Damages

Luzerne County, PA – Police Investigate Fatal Hit and Run on I-80

fatal hit and run

LUZERNE COUNTY, PA (March 22, 2025) – State police are currently investigating a hit and run accident on Interstate 80 in Luzerne County on March 20.

According to news reports, the crash happened around 2:30 p.m. in the eastbound lanes of I-80 in Butler Township near Conyngham. Police state the victim was outside his disabled vehicle when he was struck by a second commercial vehicle passing his location.

He was flown to Geisinger Wyoming Valley, where he later died.

The interstate was shut down for hours and reopened around 4:30 p.m.

Fatal Hit and Run Accidents in Luzerne County, PA

Fatal hit-and-run accidents in Luzerne County present unique legal challenges for victims’ families. Despite being only the 12th most populated region in Pennsylvania, Luzerne County ranks disproportionately high for fatalities statewide. This represents a concerning increase from previous years when fatality rates were significantly lower. […]

Read More

More information about Economic Damages

Chester Medical Malpractice Lawyer

When doctors, nurses, or hospitals make preventable errors, patients suffer serious injuries that impact their health, ability to work, and quality of life. If you or your loved one was injured at the hands of a negligent medical provider in Chester, you have the right to file a medical malpractice claim to recover compensation for your losses.

Munley Law’s top-rated team of Chester medical malpractice attorneys i have helped Pennsylvania families recover millions in compensation after medical errors – from misdiagnosis and surgical mistakes to birth injuries and medication errors. While you focus on your health and recovery, our medical malpractice attorneys will hold negligent medical professionals accountable and get you the money you need for medical bills, lost wages, and ongoing care. Call the Chester personal injury lawyers at Munley Law for a free consultation about your medical malpractice case.

What Is Medical Malpractice? […]

Read More

More information about Economic Damages

Chester Wrongful Death Lawyer

If you’re searching for answers after losing a loved one due to someone else’s negligence, the Chester wrongful death attorneys at Munley Law understand the profound impact this loss has on your family. Our experienced legal team has helped families throughout Chester and Delaware County seek justice for the death of a loved one and secure their futures.

Pennsylvania law allows family members to seek compensation when negligence leads to death. At Munley Law, we’ve spent decades representing families in wrongful death cases stemming from medical errors, workplace accidents, motor vehicle crashes, and other preventable incidents. We handle the legal complexities while ensuring your family’s rights and interests remain protected throughout the process.

We know that no amount of compensation can make up for your loss. However, holding responsible parties accountable can help prevent similar tragedies and provide the financial security your family needs to move forward. […]

Read More

More information about Economic Damages

Chester Premises Liability Lawyer

A Chester premises liability lawyer at Munley Law represents individuals injured by dangerous conditions on someone else’s property. Our experienced attorneys understand premises liability law and the serious impact these injuries can have on daily life. Pennsylvania’s property laws and specific time limits for filing claims make having a knowledgeable personal injury attorney essential for protecting your rights.

At Munley Law, we have successfully handled personal injury lawsuits, including premises liability cases, to secure fair compensation for our clients throughout Chester and Delaware County. Whether you were injured in a slip and fall at a local business, hurt due to poor maintenance at an apartment complex, or experienced any other accident on someone else’s property, our legal team is ready to evaluate your case.

Contact our Chester personal injury lawyers today for a free consultation. We’ll review your case, answer your questions, and help you understand your options for pursuing compensation. […]

Read More

More information about Economic Damages

Pittsburgh Car Accident Lawyer

When you’re injured in a in Pittsburgh, you need an experienced Pittsburgh car accident lawyer to protect your rights and secure the compensation you deserve. At Munley Law, our auto accident attorneys have a proven track record of successfully representing car accident victims throughout Western Pennsylvania.

Our legal team understands the physical, emotional, and financial toll that serious car accidents take on victims and their families. We handle all aspects of your case—from investigating the crash and gathering evidence to negotiating with insurance companies and representing you in court if necessary.

Don’t face the aftermath of a serious car accident alone. Contact Munley Law today for a free, no-obligation consultation with a Pittsburgh car accident lawyer. Call or fill out our online form to discuss your case and learn how we can help you move forward.

How Can Pittsburgh Car Accident Attorneys Help With My Case? […]

Read More
Search
Categories
Archives
LCA
PA Bar Association
top 100
Super Lawyers
Best law firms
best lawyers
top 1% of trial lawyers
av
Irish Legal
BBB Accreditation Badge The information contained on this website does not create an attorney-client relationship nor should any information be considered legal advice as it is intended to provide general information only. Prior case results do not guarantee a similar outcome.
855-866-5529
Back to Top