What is prejudgment interest for a plaintiff in a motor vehicle accident case?

MultiRegion, United States of America

The following excerpt is from Trinchitella v. Am. Realty Partners, LLC., Case No. 2:15-cv-02365-KJM-EFB (E.D. Cal. 2019):

Courts award prejudgment interest to a prevailing plaintiff to compensate the plaintiff "for the loss of use of money due as damages . . . ." Schneider v. Cty. of San Diego, 285 F.3d 784, 789 (9th Cir. 2002) (citation omitted). Typically, prejudgment interest accrues "from the time the claim accrues until judgment is entered . . . ." See id. Because "prejudgment interest is a substantive aspect of a plaintiff's claim, rather than a merely procedural mechanism," state law

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