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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Williamsport Brain Injury Lawyer
At Munley Law Personal Injury Lawyers, we recognize the profound impact that traumatic brain injuries can have on individuals and families in Williamsport. Our dedicated team of Williamsport brain injury lawyers is committed to providing compassionate, skilled legal support to those affected by such life-altering incidents.
If you were involved in an accident that resulted in a brain injury, don’t delay. Contact Munley Law today to schedule a free consultation.
The Common Causes of a Traumatic Brain Injury
A traumatic brain Injury (TBI) can happen in the blink of an eye, but its impact can last a lifetime. Understanding the common causes of TBIs is important for prevention and recognizing when you might have a legal case. Here are some typical incidents that can lead to a brain injury:
- Vehicle Accidents: Vehicle accidents are among the leading causes of TBIs, […]
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Bloomsburg Uber Accident Lawyer
After an Uber accident in Bloomsburg, PA, you may have a mound of medical expenses, lost pay, and emotional turmoil. You may feel lost and overwhelmed. Fortunately, you have legal options. A Bloomsburg Uber accident lawyer can help you navigate the legal system and get compensation.
You have the right to claim compensation for injuries you suffered in a Uber collision or while walking or cycling. Do not let insurers exploit you. Meet with a Bloomsburg Uber accident attorney at Munley Law now for a free consultation.
Who is Responsible for an Uber Accident in Bloomsburg?
Liability for an Uber accident can often involve multiple parties, such as:
- Uber Drivers: In cases where an accident happens while an Uber driver is actively taking rides or transporting passengers, and their negligence leads to an accident, then they could bear responsibility. […]
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Bloomsburg Lyft Accident Lawyer
Lyft accidents in Bloomsburg, PA can leave you with a stack of medical expenses, lost pay, and emotional distress. You may feel lost and overwhelmed. Fortunately, you have legal options. A Bloomsburg Lyft accident lawyer can help you navigate the legal system and get compensation.
You have the right to claim compensation for injuries you suffered in a Lyft collision or while walking or cycling. Do not let insurers exploit you. Call Munley Law immediately for a free consultation in Bloomsburg.
How Can a Lyft Accident Attorney in Bloomsburg Help With My Case?
Lyft accidents can involve various factors, from negligent drivers to accidents caused by other drivers on the road. The distinction between Lyft drivers considered independent contractors and the implications for insurance coverage can significantly impact your case. We delve into the specifics of your situation, analyzing the details of the accident and identifying liable parties. […]
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Harrisburg Rideshare Accident Lawyer
If you or a loved one has experienced a car accident involving a rideshare vehicle or rideshare driver, you have every right to seek justice and compensation for your experience. One of the best things rideshare accident victims in Harrisburg, PA, can do is seek the aid of an experienced Harrisburg rideshare accident attorney. Working with a personal injury attorney means you have someone in your corner handling all the overwhelming complexities of your accident claim so that you can focus on rest and recovery.
Contact us today for a free consultation, and learn how we can fight on your behalf as you seek compensation.
Understanding Rideshare Accidents
Common Causes of Rideshare Accidents
Understanding the common causes of rideshare accidents is essential for preventing them and determining liability:
- Distracted Driving: Like any other driver, […]
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Lower Merion Car Accident Lawyer
If you’ve been involved in a car accident, you need a skilled and experienced Lower Merion car accident lawyer to help you navigate the legal process and secure the compensation you deserve. At Munley Law, we specialize in car accident cases and have a proven track record of success in helping our clients recover damages for their injuries and losses. Our Lower Merion car accident attorneys understand the complexities of personal injury law and are committed to fighting for the rights of car accident victims. Contact us today to schedule a free consultation and learn how we can help you.
Why Choose Munley Law Personal Injury Attorneys
Selecting the right Lower Merion car accident lawyer is a crucial decision that can significantly impact the outcome of your case. At Munley Law Personal Injury Attorneys, we stand out from the competition for several reasons:
- Unparalleled Experience: With over 60 years of experience serving the Lower Merion, […]