What are Non-Economic Damages?
Non-economic damages are compensation for non-monetary and subjective losses. This includes pain and suffering, emotional distress, loss of consortium, and more.
According to Black’s Law Dictionary, non-economic damages are defined as “compensation for intangible losses, such as pain, suffering, emotional distress, and loss of consortium, which do not have a readily determinable monetary value.”As such, they are damages for non-financial aspects of an injury. Unlike economic damages, which reimburse specific financial losses such as medical expenses or lost wages, non-economic damages compensate for subjective harms such as pain and suffering, emotional distress, loss of companionship, and loss of enjoyment of life.
These can include:
- Pain and suffering: Physical discomfort, emotional distress, and mental anguish experienced due to an injury or traumatic event.
- Emotional distress: Psychological trauma, anxiety, depression, and other mental health issues resulting from a negligent act or intentional harm.
- Loss of consortium: Deprivation of companionship, support, or intimacy with a spouse or family member due to their injury or death.
- Loss of enjoyment of life: Inability to participate in activities or hobbies enjoyed before the injury, impacting the quality of life.
Non-economic damages are most common in personal injury lawsuits and wrongful death claims. The purpose of awarding non-economic damages allows for both fair compensation for injury and restitution. Understanding non-economic damages is essential in legal proceedings to ensure that injured parties receive comprehensive compensation for all aspects of their losses and suffering.
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Wyoming Truck Accident Lawyer
Commercial trucks often travel on Wyoming’s highways, especially Interstate 80, a major route for moving goods across the country. These trucks cover long distances daily, enabling businesses to receive supplies and ship products efficiently, 
supporting local and national economies. However, the high volume of truck traffic increases the likelihood of crashes.
If you or a loved one has been injured in a Wyoming truck accident, consider contacting an expert truck accident lawyer for legal advice during this difficult time.
What Are the Most Common Causes of Trucking Accidents in Wyoming?
Trucking accidents are common along Wyoming’s highways, and its terrain and unpredictable weather make it challenging for truckers. High winds can topple trucks, and steep mountain passes slow them down. Sharing the road with large trucks adds significant risk, especially during harsh conditions.
Truck crashes in Wyoming can result in significant damage and serious injuries or fatalities. […]
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Fatal Car Accident Lawyer
Losing a loved one due to someone else’s negligence is incredibly traumatic, and choosing the right accident lawyer is critical. At Munley Law Personal Injury Attorneys, we understand fatal car accident cases’ complex and sensitive nature.
Our team of experienced lawyers is committed to providing support, empathy, and compassion to grieving clients and their families. With over 60 years of experience, we have helped deliver legal aid to numerous clients and helped to identify and collect the compensation they deserve.
Our compassionate car accident lawyers will review your case for free and guide you on your next steps. We work on a contingency fee basis, so we do not get paid unless we win your case. Contact us today through our online form or phone for your free consultation.
What’s the Difference Between a Personal Injury and Wrongful Death Lawsuit?
If you have motor vehicle accident injuries or damages due to someone else’s negligence or wrongdoing, […]
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How Much Compensation Can I Get for a Philadelphia Pedestrian Accident?
If you or a loved one have an injury from a Philadelphia pedestrian accident, medical care and expenses can
accumulate quickly. Injured pedestrians have no physical protection when struck by a moving vehicle, and severe injuries are usually the unfortunate outcome. In the most devastating scenarios, a wrongful death leaves families grappling with expenses while mourning their loss.
Insurance companies will offer minimal settlements early to motivate quick turnarounds and to avoid higher payouts. Do not agree to any settlement without consulting an accident attorney; any monies accepted make future negotiations off the table. Contact an experienced Philadelphia pedestrian accident lawyer at Munley Law for your free case evaluation to help assess the value of your claim.
Damages that May Be Recovered in a Pedestrian Accident
According to the National Institutes of Health (NIH), depending on the details and nature of your injuries, […]
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How Does PIP Insurance Work In Pennsylvania?
Personal Injury Protection (PIP) insurance in Pennsylvania is intended to help cover medical expenses and other
related costs if you’re injured in a car accident, regardless of who caused the crash. It’s like a safety net that guarantees you get immediate help paying for things like hospital bills, doctor visits, and even lost wages due to your injury. PIP immediately kicks in after an accident, providing financial support while you focus on recovering from your injuries.
What Is Personal Injury Protection (PIP)?
In Pennsylvania, PIP and “First-party benefits” (FPB) are often used interchangeably to describe the auto insurance coverage motorists must carry. This type of insurance is essential because it pays for financial losses regardless of who caused the crash.
PIP covers medical costs in the event of an accident. In some cases, it can also help with lost wages or funeral expense coverage if the accident results in a death. […]
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Are Personal Injury Lawsuit Settlements Taxable?
The tax implications of personal injury settlements can be confusing, but Munley Law is here to help. 
Let our legal team at Munley Law Personal Injury Attorneys provide the clarity and expertise you need to handle your personal injury claim settlement with confidence. We will guide you throughout the process of your lawsuit as well as any tax implications. Talk to a personal injury attorney at Munley Law today for a free consultation.
Are Settlements Taxable?
Under the Unites States’ federal tax law, personal injury settlements are generally not taxable. The Internal Revenue Service (IRS) exempts these settlements from taxation to safeguard injured victims seeking compensation from additional financial stressors.
Non-Taxable Components of Personal Injury Settlements
“The amount of any damages (other than punitive damages) received…on account of personal physical injuries or physical sickness [are exempt] (IRC, […]
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