What are Damages in a Monmouth County Slip and Fall Accident?
Damages in a Monmouth County Slip and Fall accident can include compensatory damages, economic damages and in rare cases punitive damages.
Compensatory damages include damages for pain and suffering, past pain and suffering, future pain and suffering and future losses of mobility, strength or other physical losses and pain that an individual suffers as a result of a slip and fall. Pain and suffering damages are the damages that make up a large part of compensatory damages. In a jury trial in New Jersey, a jury will have to determine what the proper amount of compensatory damages is. The jury will be able to consider the life expectancy of the individual when they assess compensatory damages. They will then be able to consider the entire time in which the person has to live, (their life expectancy) and thereafter assign a unit of money to the life expectancy coming up with a final compensatory damages figure. This is known in the court system as the time unit rule. As stated above, it is the major way in which compensatory damages are derived by a jury.
Economic damages include any and all monetary losses that the individual suffers as a result of a slip and fall accident. Economic losses can include an individual’s lost wages, medical bills and expenses as well as any other economic losses that the person suffered as a direct result of the slip and fall accident.
Punitive damages are damages which are meant to punish the defendant for their actions. They are typically reserved for egregious and reckless conduct by the defendant and are not standard damages which are awarded in a slip and fall matter. However, in some circumstances they may be applicable and part of a jury award.
If you or someone you know would like to speak to our Monmouth County Slip and Fall Attorneys call our office of click on the contact us tab. Our lawyers will set up a time to meet with you and discuss all of your legal options.