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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Lower Merion Lyft Accident Lawyer

While ridesharing offers convenience and accessibility, it also comes with its fair share of risks, including the possibility of accidents and injuries. If you or a loved one has been involved in a Lyft accident in Lower Merion, you need a dedicated and experienced legal team to help you navigate the complexities of personal injury claims. Munley Law is your trusted partner in seeking the compensation you deserve.

Understanding Rideshare Accidents in Lower Merion

Rideshare services like Lyft have transformed the way we get around Lower Merion. However, the increased use of these services has also led to an uptick in accidents involving Lyft vehicles. Whether you were a passenger, another driver, or a pedestrian, understanding the dynamics of rideshare accidents is crucial.

At Munley Law, our Lower Merion Lyft accident lawyers have extensive knowledge of the unique aspects of rideshare accidents. We’ll investigate the circumstances surrounding your rideshare accident, […]

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Upper Darby Uber Accident Lawyer

Upper Darby Uber Accident LawyerUpper Darby, Pennsylvania, renowned for its rich history, diverse cultural tapestry, and landmarks like the iconic Tower Theater, has witnessed a modern transformation in recent years. The streets, once bustling with local traffic, have now seamlessly integrated a new trend that’s taking the urban landscape by storm: ride-sharing services like Uber.

While these services have undoubtedly brought convenience to the fingertips of Upper Darby’s residents and visitors, they’ve also introduced a new set of challenges, especially when accidents occur. Navigating the aftermath of an Uber accident in this unique township requires not only an understanding of Pennsylvania state laws but also the intricate nuances of local Upper Darby regulations. As such, having an Upper Darby Uber accident lawyer by your side, particularly a trusted name like Munley Law, becomes indispensable.

If you or a loved one were injured in an Upper Darby Uber accident, call Munley Law. […]

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Lower Merion Motorcycle Accident Lawyer

Motorcycle riding offers an unparalleled sense of freedom and thrill. However, with this freedom comes an increased risk of accidents, especially in densely populated areas. Lower Merion, situated in Montgomery County, Pennsylvania, is no exception, and our Lower Merion personal injury lawyers have seen firsthand how quickly a pleasant ride can turn tragic. While motorcycles represent a small fraction of vehicles on the road, they account for a disproportionately high number of traffic injuries and fatalities.

The aftermath of a motorcycle accident can be devastating, both physically and emotionally. Medical bills, rehabilitation costs, lost wages, and the emotional trauma can be overwhelming for victims and their families. In such trying times, having a specialized Lower Merion motorcycle accident lawyer by your side can make a significant difference. This guide aims to shed light on the importance of hiring a dedicated attorney for motorcycle accidents in Lower Merion and how they can assist victims in navigating the complex legal landscape. […]

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How to ensure that you get a fair uninsured motorist settlement in Philadelphia

Leveraging the expertise of your Philadelphia car accident lawyer

How to ensure that you get a fair uninsured motorist settlement in PhiladelphiaNavigating the aftermath of an accident with an uninsured motorist in Philadelphia can be overwhelming. While the City of Brotherly Love has its unique charm, the intricacies of its legal system require specific understanding and strategy. Ensuring a fair settlement involves a combination of knowledge about local laws, meticulous documentation, and proactive advocacy. Navigating claims after an accident can be challenging, especially with uncooperative insurance companies. With over six decades of experience, Munley Law Personal Injury Attorneys advocate fiercely for clients, ensuring rightful compensation and accountability from at-fault drivers; contact us today for a free case evaluation.

Understand Pennsylvania’s Uninsured Motorist Laws

In Pennsylvania, auto insurance is a legal requirement to ensure that every driver can cover the costs if they cause harm to others on the road. Yet, despite these mandates, some drivers remain uninsured. […]

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Lower Merion Wrongful Death Lawyer

Pennsylvania’s premier personal injury representation

In the picturesque setting of Lower Merion, coupled with the vibrant and historic backdrop of Philadelphia, the importance of local representation in sensitive matters like wrongful death is magnified. Lower Merion is nestled amidst landmarks like the historic Ardmore Library and the picturesque Cynwyd Heritage Trail, where the complexities of navigating a wrongful death case demand local expertise. Situated a stone’s throw from Philadelphia, Lower Merion uniquely benefits from both its tranquil suburban charm and proximity to urban resources. Law firms like Munley Law’s Lower Merion personal injury team, deeply rooted in this community and recognized as leading Pennsylvania wrongful death lawyers, offer an unparalleled blend of local insight and broader legal insight. Their deep understanding of the region ensures affected families receive justice with a touch of compassion, bridging both the Merion community and the larger Philadelphia metropolitan area. […]

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