What is a Loss?
A loss is the monetary value assigned to an injury or damage in a personal injury claim, including pain and suffering, past and future income, future medical care, at-home assistance, current medical bills, etc.
According to Black’s Law Dictionary, “loss” is defined as “the harm or damage resulting from an injury; the deprivation or detriment to an owner or possessor as a result of a judgment or voluntary transfer of property.” As such, loss is often a broad term in law, encompassing both tangible and intangible impacts as loss can come from a variety of forms of damages.
Legal principles governing loss aim to provide remedies, compensation, or restitution to individuals or entities adversely affected by wrongful acts, accidents, or adverse events. Loss can include economic loss, personal loss or property loss. The assessment of loss often involves evaluating evidence, calculating damages, and applying legal standards to determine liability and appropriate remedies in civil litigation or legal disputes. As a legal term, loss underscores the importance of addressing and mitigating the impacts of losses through legal recourse and equitable remedies in accordance with applicable laws and judicial principles.
More information about Loss
West Chester Uber Accident Lawyer
If you’ve been injured in an Uber accident, a West Chester Uber accident lawyer at Munley Law can help you recover compensation. Our attorneys regularly handle rideshare accidents throughout the Borough’s historic district. We understand the specific challenges of accidents near West Chester University, during First Friday events, and in the busy restaurant district along the Gay Street corridor.
Pennsylvania law gives you two years to file an injury claim after a rideshare accident. During this time, you’ll need to deal with multiple insurance policies: the driver’s personal coverage, Uber’s corporate policy, and potentially other drivers’ insurance. Having handled numerous West Chester Uber accident cases, we know how to document your injuries properly, work effectively with the local police, and, if necessary, present your case successfully in court.
Call a West Chester personal injury lawyer at Munley Law today for a free consultation regarding your West Chester Uber accident. […]
Read MoreMore information about Loss
West Chester Lyft Accident Lawyer
When you’re involved in a Lyft accident, determining liability and securing fair compensation can be challenging due to the multiple insurance policies and parties involved. The experienced West Chester Lyft accident attorneys at Munley Law understand the unique aspects of rideshare accident cases and have a proven track record of helping victims in West Chester, PA pursue compensation for their losses.
Don’t let the stress of medical bills, lost wages, and insurance negotiations overwhelm you during this difficult time. Contact the Munley Law today for a free consultation. We will tirelessly fight to protect your rights and secure maximum compensation for your injuries.
Common Causes of Lyft Accidents in West Chester, PA
Distracted driving puts all drivers at risk and it’s, unfortunately, very common to see accidents caused by negligent distraction. Lyft drivers have a heightened risk of driving distracted. They often split their attention between the road and their app, […]
Read MoreMore information about Loss
Norristown Premises Liability Lawyer
Getting injured on someone else’s property in Norristown can completely disrupt your daily life. Our Norristown premises liability lawyers at Munley Law understand the physical, emotional, and financial toll an accident can have. For 65 years, we have helped victims of dangerous property conditions secure compensation through skilled negotiation and aggressive litigation.
Pennsylvania property owners are obligated to maintain safe conditions for their guests. Whether you slipped on an icy sidewalk, tripped on broken stairs, or sustained an injury due to inadequate security, our experienced attorneys know how to investigate your case and build a strong claim for damages. We’ve successfully handled countless premises liability cases throughout Montgomery County, recovering millions in settlements and verdicts for our clients.
At Munley Law, we believe in holding negligent property owners accountable when their failure to maintain safe premises results in serious injury. […]
Read MoreMore information about Loss
Allentown Personal Injury Lawyer
An Allentown personal injury lawyer can be the difference between struggling with medical bills and securing the compensation you need following a serious accident. At Munley Law, we’ve built our reputation by consistently outmaneuvering insurance companies and winning substantial settlements for our clients throughout the Lehigh Valley. While other law firms might pressure you to accept a quick, inadequate settlement, we meticulously build your case and push back against lowball offers – often doubling or tripling initial compensation offers through aggressive negotiation and litigation.
Don’t let insurance adjusters minimize your suffering or deny you fair compensation. Our record of multi-million dollar verdicts proves our accident attorneys know how to win, and we’re ready to put that experience to work for you. Contact us today for a free consultation and learn why many injured Lehigh Valley residents trust Munley Law to fight for their future. You do not owe us a fee unless we win your case. […]
Read MoreMore information about Loss
Norristown Motorcycle Accident Lawyer
If you’ve been injured in a motorcycle accident, the experienced Norristown motorcycle accident attorneys at Munley Law understand what you’re facing. Our team has spent decades representing motorcycle riders throughout Montgomery County, securing substantial settlements and verdicts for our clients.
Pennsylvania motorcycle accident cases can be challenging, especially when dealing with insurance companies who often try to minimize or deny valid motorcycle accident claims. This is why it’s important to have a law firm on your side with extensive experience with this specific type of case. Since 1959, Munley Law has worked tirelessly to achieve justice for people throughout Pennsylvania.
If you’re dealing with concerns about medical bills, lost wages, or getting your bike repaired, our attorneys are ready to help. We can answer your questions, explain your options clearly, and create a plan to pursue the compensation you deserve. Get started with a free consultation with a motorcycle accident attorney today. […]
Read More