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 wonder how much settlement amount you are eligible for. It is crucial to know that each slip and fall case is different, and your compensation may vary. Several important financial factors determine the value of every slip and fall claim.
The compensation amount you should receive for your fall equals the monetary losses that occur and the amount for your mental and emotional injuries. Your case’s strength and comparative fault determination 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 can claim compensation for all your medical bills, both present and that you may incur in the future. This includes surgeries, treatments, diagnostic testing, X-rays, doctor’s consultation, follow-up visits, and prescription medication. If you have to use mobility aids or rehabilitation facilities due to your physical and mental injuries, you may also demand compensation for such expenses.
Loss of Income and Future Earnings:
If your injuries prevent you from completing your work successfully, you can claim reimbursement for your lost wages. Moreover, suppose you cannot resume work for an extended period. In that case, the at-fault party may have to compensate you for your reduced earning capacity as an agreed-upon lump sum amount.
Non-Economic Losses:
Apart from the economic expenses 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. Still, you can demand compensation for your depression, stress, anxiety, or other psychological sufferings from 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. Whether you have suffered relatively minor injuries or 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 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 trained 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 accident.
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 you deserve the compensation.
