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.
More information about Non-Economic Damages
What Are the Steps in a Personal Injury Lawsuit?
If you’ve been injured in an accident due to someone else’s negligence, you need an experienced personal injury attorney with a successful track record to help win your case. Knowing the detailed steps to a personal injury lawsuit will keep you be well-informed about what can make proper compensation a reality. These cases can be complex, especially if the specifics of your personal injury case involve many parties, long-term medical care, or other nuances. Proving negligence will be key to your case, and your best chance in being justifiably compensated can be met by working with a personal injury lawyer.
Munley Law Personal Injury Attorneys has been helping accident victims for more than 60 years; we specialize in personal injury cases and our attorneys have tried thousands of personal injury lawsuits. Munley Law Personal Injury Attorneys has the knowledge, the power, […]
Read MoreMore information about Non-Economic Damages
How Long Could My Truck Accident Case Take to Settle?
Does It Take a Long Time For a Truck Accident Claim to Reach a Settlement?
If you are involved in a truck accident, compensation for your settlement depends on many factors. In some cases, the truck accident claim can be settled within a few months and in others, it can take a few years before it reaches a conclusion. Truck accident claims involve commercial vehicles, which means there are more parties involved. Additionally, negotiations may fail to achieve adequate funds for victims, and the pursuit of a personal injury claim or wrongful death lawsuit is the proper course of action.
Unfortunately, it’s difficult to say how long a truck accident case can take to settle — anywhere from a few months to a few years. It usually depends on the willingness of all parties involved to reach a settlement and how complex the claim is. […]
Read MoreMore information about Non-Economic Damages
How Can a Truck Accident Lawyer Help?
Why Do I Need a Truck Accident Lawyer After an Accident?
Dealing with the aftermath of a truck accident in Pennsylvania can be frustrating, stressful, and devastating. Faced with medical expenses, pain and sufferings, and lost wages, the road to recovery may seem long and hard for both you and your family. What you need is an experienced truck accident lawyer to help you receive the maximum amount of compensation for your losses, in a timely manner, so you and your family can start the healing process.
But how can a truck accident lawyer help your claim and why do you need one? Let’s explain.
A Truck Accident Lawyer Can Help With Deadlines and Evidence
Timeliness is critical when establishing liability and the best possible financial compensation that you are entitled to. Reputable truck accident lawyers understand that timing is crucial to ensure a fair, […]
More information about Non-Economic Damages
Should I Accept the Insurance Company’s Offer After a Truck Accident?
Should I Take the Insurance Company’s Settlement?
Truck accidents are complex, multi-faceted, traumatic, and emotionally draining events for all parties involved — especially truck accident victims. If you or your loved one has fallen victim to such a devastating occurrence, there is evidence to scrutinize, truck logs to detail, mechanical efficacies to validate, and liability to determine.
Big trucking companies have built-in insurance company representatives who are trained to empathize and to negotiate an early settlement offer with you. You are likely to endure more injuries and expenses than you originally thought, and once you formally agree and accept an insurance settlement offer, you cannot later act on second thoughts; further negotiations are considered off the table.
This all leads to why you should never be hasty to accept an initial offer that an insurance company makes — the best way to protect your rights after a truck accident is to make sure you don’t speak with the insurance company until you first speak with an experienced truck accident lawyer at Munley Law Personal Injury Attorneys who will defend your rights and ensure that you are fairly compensated. […]
Read MoreMore information about Non-Economic Damages
What Does a Philadelphia Car Accident Lawyer Do?
How Can a Car Accident Attorney Help With My Case?
Choosing a Philadelphia car accident attorney is a decision not to be taken lightly. Car accidents can lead to serious injuries, which can have a lifelong impact. Those who have traffic accidents know that in many cases, a great deal of physical, emotional, and psychological healing is necessary. If you’ve just emerged from a traumatic situation like a car accident, you want to make sure that the person fighting on your behalf and protecting your rights is the right fit for you.
But where to begin when looking for an attorney after a serious car accident? Many people have never had the need to work with a personal injury lawyer before, and the process of finding one — and understanding why you need one — can feel overwhelming. Some folks may consider trying to navigate the legal components of their car accident without professional help, […]
Read More
