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

Intersection Car Accidents

If you’ve been injured in an intersection accident, you need a car accident lawyer who understands the complex factors involved in these crashes. Intersection accidents often result in devastating injuries due to the force of impact, especially in T-bone collisions or pedestrian accidents. At Munley Law, we’ve helped thousands of intersection accident victims get the compensation they deserve, whether they were drivers, passengers, pedestrians, or cyclists.

Determining fault in intersection crashes can be challenging, especially when multiple vehicles or parties are involved. Insurance companies often try to shift blame between drivers or minimize the severity of injuries. Don’t let the insurance company pressure you into accepting less than you deserve.

Contact Munley Law today for a free consultation with our experienced intersection accident attorneys. We’ll evaluate your case, explain your rights, and fight to hold negligent drivers accountable.

Types of Intersection Accidents and Their Unique Challenges

intersection car accidentsAccording to the latest data from the National Highway Traffic Safety Administration, […]

Read More

More information about Economic Damages

Philadelphia Texting While Driving Accident Lawyer

Philadelphia Texting While Driving Accident Lawyer

Texting and driving is one of the most pervasive and most dangerous forms of distracted driving we see today.  Philadelphia drivers who text at the wheel rear-end other motorists on the Schuylkill Expressway or hit pedestrians in the crosswalk in Center City.

There are multiple types of distraction: manual, visual, and cognitive. Texting while driving encompasses all three; it takes your hand off the wheel, your eyes off the road, and your mind off the task at hand. There’s little wonder that hundreds of thousands of injuries result from this behavior each year. Many of those injuries prove fatal.

If you or your family member were hit by a driver who was texting behind the wheel, you deserve justice. A Philadelphia texting while driving car accident lawyer can represent you and hold the at-fault person responsible.

Call or contact us online today to schedule a free consultation with a Philadelphia texting and driving accident attorney at Munley Law Personal Injury Attorneys. […]

Read More

More information about Economic Damages

Philadelphia Tractor Trailer Accident Lawyer

A tractor trailer accident can bring your life to a crashing halt. In that instant, everything can change, and the future can suddenly appear uncertain. No one should have to experience this alone. A tractor trailer accident lawyer can stand by your side and ensure you receive the help you need and obtain the compensation you deserve. 

According to the Pennsylvania Department of Transportation, there were 231 heavy truck-related crashes that resulted in injuries in 2022 in Philadelphia County, more than any other county in Pennsylvania. If you or someone you love was injured by a tractor trailer in Philadelphia or the surrounding counties, the rapid-response truck accident team at Munley Law can help make things right. 

Contact the Philadelphia tractor trailer accident lawyers at Munley Law Personal Injury Attorneys for a free consultation today. We will listen to you, answer your questions, […]

Read More

More information about Economic Damages

How to Determine Fault in a Williamsport Car Collision

Car collisions still happen frequently enough that questions about liability determination arise almost daily. Understanding Pennsylvania’s traffic laws as well as liability rules involved with car accidents becomes paramount to successfully proceeding with legal proceedings.

Our Williamsport car accident lawyers can provide essential support during times of distress and uncertainty following a car collision in Williamsport. Their local knowledge and legal expertise make them particularly helpful during such trying experiences.

Understanding Pennsylvania Car Accident Laws

Williamsport car collisionNavigating the aftermath of a car collision in Pennsylvania requires knowledge of state traffic laws that play an integral part in establishing blame and legal proceedings. Pennsylvania utilizes no-fault and traditional tort systems, making establishing fault a complex yet essential process.

Under a “no-fault” system, drivers must purchase personal auto insurance to cover medical expenses and out-of-pocket losses regardless of who caused an accident. […]

Read More

More information about Economic Damages

The Role of Expert Witnesses in Pennsylvania Truck Accident Cases

Truck accident cases are complex, often resulting in numerous at-fault parties, significant financial damage, and long-term consequences. The role of expert witnesses in Pennsylvania truck accident cases is critical, especially in cases where your claim is dependent on their statements. 

Trucking expert witnesses can play multiple roles in a Pennsylvania truck accident case. We explain why below. For the most detailed information, contact Munley Law to set up a free consultation with a Pennsylvania truck accident lawyer about your case.

How Do Expert Witnesses in PA Truck Accidents Help Recreate the Accident?

One of the most important roles that PA truck accident witnesses play is demonstrating what happened through expert analysis. In some situations, it can be challenging to determine who is at fault in an accident until you can visually see what occurred. Accident reconstructionists play a vital role in this process in several ways. […]

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.
844-263-8849
Back to Top