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Present Value Loss of Household Services Assessments

Household services represent significant value to most households. Simply stated, household services are services provided by individuals within their homes that can be quantified and have economic value.

Present Value Loss of Household Services Assessments quantify the economic loss that accrues to an individual’s household as a result of his/her injury and its impact on his/her ability to perform non-market work, namely household services. All Present Value Loss of Household Services Assessments are formulated by highly qualified financial analysts and forensic economists who employ the Replacement Cost Method, Labor Value Approach.

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The average adult in the United States contributes approximately $14,000 in economic value per year in the form of Household Services.
-The United States Bureau of Labor Statistics

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Assessment Quiz What expert services will benefit your case?

Answer a few questions about your case. We'll recommend the right assessment.

Takes about 1 minute

Section 1: Future Medical Expenses
Does the injured person need to quantify the cost of future medically related damages?
Yes
No
Section 1: Future Medical Expenses
Does your client have serious injuries and will you likely need expert testimony?
Yes
No
Section 1: Future Medical Expenses
Do you need to account for inflation and interest?
Yes
No
Section 2: Loss of Earnings
Was the injured person working or able to work at the time of injury?
Yes
No
Section 2: Loss of Earnings
Is the injured person still able to work?
Yes
No
Section 2: Loss of Earnings
Is the person still able to do the same type of work for the same amount of time?
Yes
No
Section 3: Loss of Household Services
Has the injured person lost the ability to perform household duties?
Such as cooking, cleaning, childcare, yard work, or home maintenance?
Yes
No
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