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.
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Hazleton Car Accident Lawyer
If you or someone you love suffered a serious injury in a car crash in Hazleton, don’t settle with the insurance company before speaking with a Hazleton car accident attorney at Munley Law. At Munley Law, we understand your concerns when you’ve been involved in a car crash. You may face unpaid medical bills, physical pain, emotional trauma, and an inability to work. Since 1959, we have represented hundreds of auto accident victims throughout Luzerne County. We have won multimillion-dollar settlements for injured car accident victims across our area.
If you were hurt in a car wreck and are unsure what to do next, call our Hazleton office for a free consultation with a car crash attorney. We will answer your questions free of charge and help you decide what to do next. We are available to speak with you any time of the day or night. […]
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Hazleton Wrongful Death Lawyer
Our Hazleton wrongful death lawyer at Munley Law knows there nothing is more devastating than the loss of a loved one. If that loss resulted from another person’s negligence or carelessness, the pain may be even greater. In addition to the immense grief you are feeling, you will likely also face sudden financial distress. Funeral costs, medical bills, loss of income, and more. While no amount of money can replace your loved one, a fair settlement can alleviate the burden of these costs and give you peace of mind.
Our compassionate and experienced personal injury attorneys in Hazleton have helped thousands of families like yours and we’re here to help. Chat live, fill out our email form, or call today for a free consultation with a Hazleton wrongful death lawyer at Munley Law Personal Injury Attorneys. There is no charge for our services unless we win your case. […]
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Fatal Truck Accidents in Stroudsburg, PA
A fatal truck accident is a devastating event with catastrophic consequences for the victim’s family and loved ones. If you’ve lost a loved one in a fatal truck accident, it is important to seek the advice of an experienced Stroudsburg truck accident lawyer who can help you traverse the legal process and secure the compensation you’re entitled to.
For 65 years, Munley Law Personal Injury Lawyers have been handling fatal truck accidents across Stroudsburg and the Poconos. We understand the complexities of these cases can be and work hard to help you after such a tragic event. Let us help you with your truck accident claim. Call or contact us today to schedule a free consultation.
Common Causes of Fatal Truck Accidents in Stroudsburg
According to the Pennsylvania Department of Transportation (PennDOT), in 2023 there were 138 heavy truck-related fatalities in Pennsylvania. […]
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Stroudsburg Wrongful Death Lawyer
A Stroudsburg wrongful death lawyer at Munley Law can get justice for your family member and provide financial security for your family with a wrongful death lawsuit. Losing a family member under any circumstances is one of the most difficult things we can experience in life. But to know that you’ve lost a loved one to a preventable accident caused by someone else’s negligence is almost unthinkable. Our attorneys may be unable to reverse the harm done, but we can help hold the ones at fault accountable.
Contact our Stroudsburg personal injury lawyers today to learn how we can help you through this difficult time. We offer free consultations at our Stroudsburg office or virtually for your convenience. And we do not charge a cent for our services unless we win your case, so you risk nothing by speaking with our Stroudsburg wrongful death attorney. […]
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Stroudsburg Distracted Driving Accident Lawyer
If you were involved in a distracted driving accident in Stroudsburg, it can be challenging to get compensation for your injuries. It’s always a good idea to speak with an experienced Stroudsburg distracted driving accident lawyer at Munley Law to learn your legal options. We offer free consultations and work on a contingency basis, so you won’t have to worry about paying a fee until the case is settled. Contact our Stroudsburg car accident lawyers today to start your claim.
How a Distracted Driving Accident Lawyer in Stroudsburg Can Help
A Stroudsburg car accident lawyer can gather evidence, hire expert witnesses, negotiate with the insurance company, and protect your rights in the courtroom. Proving that a driver’s distraction caused an accident can be difficult. How do you prove that a driver was reaching for a piece of gum that fell between the seats? […]
