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.
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Car Accident Lawyers Questions & Answers
Car Accident Frequently Asked Questions (FAQs)
Q: If I’ve Been in a Car Accident, do I Need a Lawyer?
A: It depends. If you did not suffer any injuries in the accident, you may settle your insurance claim without need for legal help. However, if you or someone you know were injured in the accident, the claim becomes more complicated. As the injured victim, you have the right to seek compensation from the at-fault party for your medical costs, pain and suffering, and other losses. Insurance companies have high-paid lawyers and experts who will fight against you to make sure you get as little money as possible. Statistically, people represented by lawyers get three times more settlement money than people who do it themselves. So, while you don’t need a lawyer, […]
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NC Woman Dies in Car Accident While Posting to Facebook
The National Safety Council Cell Phone Crash Estimate Model reports that there have been an estimated 333,300 crashes so far this year in the U.S. involving drivers using cell phones and texting, or about one every 30 seconds. A North Carolina woman died behind the wheel of her car last week just moments after posting a Facebook message and hitting a truck head on.
According to police, the woman posted to Facebook and one minute later, a call came in about the crash. The 32-year old woman died after drifting across a grass median and slamming into a truck. An investigation of her online activity also found that she had been posting selfies as she drove. This is a tragedy we see all too often.
The Federal Communications Commission (FCC), stated that mobile communications are linked to a significant increase in distracted driving, […]
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Pennsylvania personal injury lawyer discusses the problem of nursing home abuse
Millions of Americans place their loved ones in nursing homes every year with the belief that they will be well cared for. Unfortunately, nursing home abuse is a very real problem in the United States. From malnutrition to overmedication and mental and physical abuse, there are a variety of ways that residents can be mistreated in a nursing home. An estimated 3.3 million Americans lived in nursing homes in 2013, which translates to 1 in 7 people ages 65 and up and 1 in 5 of those 85 and older. According to the National Center on Elder Abuse (NCEA), Bureau of Justice Statistics, 36% of nursing homes have been in violation of elder abuse laws.
CNN has reported that 90% of nursing home facilities are understaffed, and one in 3 across the country have been cited for nursing home abuse and other related infractions. Demographics show that the incidents of nursing home abuse will likely rise. […]
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What Kind of Training Do Truck Drivers Get in Pennsylvania? The Answer May Shock You. Personal Injury Lawyers Explain:
What makes commercial trucks among the most dangerous vehicles on the road in Pennsylvania? Personal Injury Lawyer explains:
- What does truck driver training have to do with your trucking accident case?
- What are the chances your Pennsylvania Personal Injury Lawyers will settle your case?
- Can you afford to hire Pennsylvania Personal Injury Lawyers for assistance with your case? How much are they going to charge you?
WATCH VIDEO: PENNSYLVANIA PERSONAL INJURY LAWYERS TALK ABOUT TRUCK ACCIDENTS:
Trucking accidents are on the rise. Pennsylvania personal injury lawyers explain why:
Truck drivers are supposed to be fully trained and supervised. This is mandated by the Federal Motor Carrier Safety Administration. The weird thing is, the trucking companies are pretty much in charge of policing themselves. […]
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Most People Will Be Surprised to Hear How Much Money Pennsylvania Personal Injury Lawyers Can Get For a Bus Crash Settlement
Bus Accident Cases are complicated in Pennsylvania – there are many damages you could potentially sue for. Personal injury lawyer explains:
- What damages could you sue for?
- What percentage of bus accident cases do Pennsylvania Personal Injury Lawyers settle?
- What kinds of fees do Personal Injury Lawyers in Pennsylvania charge and when are these fees imposed?
WATCH VIDEO: THE PENNSYLVANIA PERSONAL INJURY LAWYERS AT MUNLEY LAW:
What kinds of damages can Pennsylvania personal injury lawyers recover after your bus crash?
After you or a loved one gets into an accident with a bus or while riding on one, you may be wondering what kinds of damages you could get reimbursed for if your Pennsylvania Personal Injury Lawyers are able to settle your lawsuit for you. […]
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