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.

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What Is Full Tort vs. Limited Tort in Pennsylvania?

Full Tort vs. Limited Tort in Pennsylvania

Some states, including Pennsylvania, give two coverage options when choosing car insurance policies. This ensures a person chooses a policy that best fits their needs. The two coverage options given in Pennsylvania are limited tort — which restricts the compensation a person can get from a case — and full tort — which puts no restrictions on the compensation.

When choosing limited tort vs. full tort coverage, knowing the difference between the two is essential to make sure you choose the best fit. Here are the differences between full tort and limited tort coverage in Pennsylvania.

What Is Pennsylvania’s Tort Insurance?

Simply put, Pennsylvania’s tort insurance allows the injury victim to be compensated following a car accident in Pennsylvania. Pennsylvania is a “choice no-fault” insurance state. This means the driver is given the choice of either a no-fault insurance policy or an at-fault insurance policy.  […]

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Pittsburgh Bus Accident Lawyer

Were You Involved in a Bus Accident in Pittsburgh? Let Munley Law Help

Travel by bus is a popular and widely used mode of transportation throughout the country. Buses offer several advantages, including affordability, accessibility, and the environmentally friendly ability to carry a large number of passengers all at once.

Despite the benefits, as with all vehicles, buses are not immune to accidents. Furthermore, due to their size and the potential number of people traveling on a bus, the consequences of a bus accident can be devastating.

If you or a loved one sustained injuries in a bus accident in Pittsburgh, call our experienced bus accident attorneys at Munley Laws Pittsburgh Personal Injury Attorneys to discuss your options. Our team of bus injury lawyers possesses significant expertise in handling bus accident cases, and we have successfully represented clients against major bus companies throughout the country. […]

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Pittsburgh Motorcycle Accident Lawyer

You need a Pittsburgh motorcycle accident lawyer who will fight for you

Pennsylvania is home to nearly 800,000 registered motorcycle riders. Unfortunately, there were more than 230 motorcycle crashes in Allegheny County alone. With less protection than that of a car or truck, motorcycle riders often suffer severe injuries when they’re hit by a car or involved in a crash. When that occurs, you will need the help of an experienced attorney in Pittsburgh to help you get compensation for your injuries while you concentrate on your recovery.

If you or someone you love suffered a catastrophic motorcycle crash, you need an attorney from Munley Laws Pittsburgh Personal Injury Attorneys, who will deliver for you. If you’re ready to see the difference the Munley Law Personal Injury Attorneys  can make in your case, schedule your free consultation today.

What Compensation is Available After a Motorcycle Accident in Pittsburgh? […]

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Pittsburgh Bicycle Accident Lawyer

Our Pittsburgh Bicycle Accident Attorneys Are Here to Help

In the past two decades, biking as a means of commuting has become increasingly popular across the United States. In fact, from 2000 to 2019, the number of Americans who bike to work increased by 61 percent. This trend certainly rings true in Pennsylvania, which is in the top half of states ranked by the number of bike commuters.

Biking, whether as a means of getting to work, a form of exercise, or a hobby, has so many benefits. However, the unfortunate reality is that cyclists are at risk of injury when biking on roads that also permit cars. Unlike a car driver or passenger, who is shielded to some degree by the vehicle itself, cyclists have very little protection when an accident occurs. If a car and a bicycle collide, it’s likely that the cyclist will experience far more damage. […]

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Pittsburgh Catastrophic Injury Lawyer

A Catastrophic Injury Lawyer in Pittsburgh Will Fight For You

Every day, innocent people in Pittsburgh cross paths with negligent individuals or companies and suffer serious injuries. A catastrophic accident can cause injuries that can take months to recover from or leave you permanently disabled. Catastrophic injuries can disrupt your life and your family’s. When innocent people get hurt because of someone else’s negligence, the negligent party should pay for the damage they caused. A personal injury lawsuit can help you recover the compensation you need to rebuild your life and move forward. For personal injury cases involving catastrophic injuries, it’s important to have the right lawyer.

The Pittsburgh catastrophic injury lawyers at Munley Law have been representing Pennsylvanians since 1959. We have successfully recovered millions of dollars in compensation for victims of catastrophic car and truck crashes, medical mistakes, head trauma, explosions, […]

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