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
Truck Accident Lawyer Washington DC
Washington DC Truck Accident Lawyers with a Record of Success
If you or a family member were injured or killed in an accident involving a tractor-trailer or large truck in or near Washington, DC, contact the award-winning DC truck accident lawyers at Munley Law Personal Injury Attorneys. For more than 60 years, our attorneys have been fighting and winning big for truck accident victims. Our success with truck cases has made Munley Law Personal Injury Attorneys a recognized leader in the field of truck accident litigation all over the United States. No other truck accident lawyer can match our level of truck expertise.
Every day, millions of people commute around DC and into DC from neighboring communities in Maryland and Virginia. There are also millions of tourists, out-of-towners, and others visiting DC every year who are not familiar with the unique roadways, traffic signals, […]
Read MoreMore information about Loss
New Jersey Truck Accident Lawyers
Truck accidents can be catastrophic events. The sheer size and weight of tractor-trailers can lead to devastating
consequences when accidents occur, causing severe injuries, significant property damage, and, in the worst cases, fatalities. Navigating the aftermath of a truck accident can be overwhelming, especially when dealing with insurance companies, medical bills, and the legal complexities involved. This is where a skilled and experienced New Jersey truck accident lawyer can make all the difference.
Truck crash claims require the help of a specific type of lawyer. Truck cases are unique and require special legal knowledge and skill. Our dedicated team of truck accident lawyers is committed to helping victims understand their rights and secure the compensation they deserve.
Get started today with a free consultation. We do not charge unless we win your case.
How Truck Accidents Differ from Other Crashes
Truck accidents are fundamentally different from standard car accidents in several critical ways. […]
Read MoreMore information about Loss
South Carolina Truck Accident Lawyers
Get a free case review from the nation’s leading truck accident lawyers
According to the Office of Highway Safety and Justice Programs, a division of the South Carolina Department of Public Safety, the number of motor vehicle collisions in the state last year increased to over 142,400, the highest number in South Carolina’s history. There was a rise in more than just the number of crashes on South Carolina’s highways, state routes, local streets, and private roads. The number of accident-related fatalities increased 4.8% last year, and the number of truck accidents fatalities jumped an alarming 33.8%.
These accidents can be life-altering. Injured crash victims may face staggering medical bills, loss of income, altered quality of life, and more. If you suffered an accident with a semi-truck, big rig, tractor-trailer, or other large commercial vehicle in South Carolina, you are not alone. Our experienced team of truck accident lawyers have helped many people like you recover from these devastating events and get proper compensation from the trucking company. […]
Read MoreMore information about Loss
Texas Truck Accident Lawyer
Until you’ve been involved in an accident with a large truck, it can be hard to imagine how much a truck crash impacts your life. As Texas truck accident lawyers with decades of experience, we know the physical, emotional, and
financial strain you’re experiencing now.
Truck accidents are not just larger versions of car accidents—they involve unique legal challenges and require specialized knowledge to ensure you receive the compensation you deserve. At Munley Law, our experienced truck accident attorneys are dedicated to holding trucking companies accountable and securing maximum client compensation. We are ready to help you get back on your feet.
About Our Truck Accident Law Firm
Munley Law was founded in 1959. Since then, our family-run firm has earned a nationwide reputation as one of the leaders in personal injury and truck accident law. Our 18-wheeler accident attorneys are among a few lawyers who have earned board certification in truck accident law. […]
Read MoreMore information about Loss
Illinois Truck Accident Lawyer
According to the United States Census Bureau, more than 3.5 million people worked as truck drivers in 2019, making it one of the largest occupations in the nation. Many of these people live in Illinois; in fact, the Chicago-Naperville-Arlington Heights metropolitan area alone contains 37,500,00 resident truck drivers. We, of course, rely on trucks to bring us necessary goods, but there are also dangers that come from having so many trucks on the road. A fully loaded truck can be as much as 16 times heavier than a passenger vehicle; if the two collide, the passenger vehicle and its occupants will most likely bear the brunt of the damage.
Experiencing any car accident, particularly one that involves a truck, is a traumatizing experience. And it doesn’t end on the scene: you’re stuck battling with insurance companies, paying thousands of dollars of medical bills, […]
Read More
