Suffering a slip and fall injury can completely interrupt your life. If you have been injured in a slip, trip, and fall accident, you may be wondering how much settlement amount are you eligible for? It is crucial to know that each slip and fall case is different and your compensation may vary. There are several important financial factors that determine the value of every slip and fall claim.
The compensation amount that you should receive for your fall is equal to the monetary losses that occur along with an amount for your mental and emotional injuries. The strength of your case and determination of comparative fault play a role in your compensation amount. Some of the common factors that impact the value of your slip and fall claim include:
Medical Expenses: A valid slip and fall compensation should at least be able to cover all your medical bills. You are eligible to claim compensation for all your medical bills both present and that you may incur in the future. This includes surgeries, treatments, diagnostic testing and X-rays, doctor’s consultation, follow up visits, and prescription medication. If you have to use mobility aids or have to use rehabilitation facilities owing to your physical and mental injuries, you may also demand compensation for such expenses.
Loss of Income and Future Earnings: If your injuries are preventing you from completing your work successfully, you can claim reimbursement for the wages you have lost. Moreover, if you are unable to resume work for an extended period of time, the at-fault party may have to provide you compensation for your reduced earning capacity as an agreed upon lump sum amount.
Non-Economic Losses: Apart from the economic expenses that you incur, your injuries may also affect your life resulting in emotional distress. It is difficult to put a dollar value for these non-economic losses that you are suffering, but you can demand compensation for your depression, stress, anxiety, or any other psychological sufferings that have risen out of the accident.
Slip and Fall Settlements
Most slip and fall settlements are determined after negotiation between the parties involved in the accident and based on what the victim is willing to accept. Depending on if you have suffered relatively minor injuries, or if you have suffered permanent disabilities, your slip, and fall settlement may vary. Studies show that the average settlement amount can range from $15,000 to $45,000. Average compensation in most slip and fall cases is typically somewhere in the middle of the range.
To ensure that you receive a fair slip and fall settlement, it is important to carefully prepare your case and be ready for any negotiations and settlements. You need to ensure that all your legal documents are properly prepared and filed as per the civil procedures. The opposite party may try to undermine your compensation amount hence it is recommended to seek legal assistance after your slip and fall accidents.
Hiring a Personal Injury Lawyer
Slip and fall accidents can be a challenging experience as you try to rebuild your life. A knowledgeable personal injury attorney can help review your case and inform you how much your case is worth. Moreover, an experienced lawyer can use their negotiation skills to ensure that you receive the compensation that you deserve.