If a hazardous condition is responsible for you to slip and fall while on someone’s property then it is possible for you to consider filing a lawsuit against the owner of the property. This might get you wondering if you are making the right move or not and one of the factors that you would like consider or one question you might be battling with is what is average settlement for slip and fall.
The answer to this question varies or depends on so many factors. All cases can never be the same and the venue where the accident happened also can not be the same but there are some considerations that you can consider which would tell you what a slip and fall claim might be worth.
However, you would need to firstly have a valid slip and fall claim if you are to get any compensation at all and also before determining how much you might get from any compensation that would be offered to you.
What Is Average Settlement For Slip And Fall?
Medical Bills – Recent And Future Bills
One of the measuring sticks that you might use to determine how much a slip and fall claim might be worth is your medical treatment bills both presently and the ones that would amount in the future. Where you live would help in calculating the amount your healthcare provider would accept as full payment and in few cases, healthcare providers tends to collect lesser than what was billed from the start. This is why you should know what the rule in your jurisdiction is saying.
The value of your medical bills gives you an insight on what you slip and fall claim might pay out so it is safe for you to assume that you are entitled to recover a particular sum of amount and this amount is categorized under the pain and suffering amount.
Pain And Suffering In Slip And Fall Claims
One of the least predictable components in damages is the pain and suffering and this is because there is actually no fast and rules when it comes to calculating pain and suffering. The cost of your medical bills is therefore used as a starting point and depending on how permanent or how severe the injuries are, the can be used in figuring out the best multiplier to make use of combined with the cost of your medical bills to calculate for pain and suffering. You should also remember that some injuries might not show up for a long time even after your slip and fall accident.
Lost Wages
If because of your injuries you have ended up skipping work then you are also entitled to getting back how much money or amount that you have been denied from skipping work. This will cause you to verify how much time you spend at work and also how much you earn usually with a pay stub or a tax return. This would be verified by your employer as well in writing so the amount of time and your salary rate would be properly calculated.
Zero Earning Capacity
If the injuries that you sustained from a slip and fall accident is capable of not allowing your perform the type of work you engaged in before your accident then the fact is you are likely not to earn as much as you were earning before. For this reason, you can be able to get a good amount that would cover up as lost earning capacity for not being able to return back to work. If you can prove that your capacity to work and earn has been affected by the slip and fall accident then owner of the property is going to compensate you in two ways such as;
Funding your training or education is a field different from yours
Paying a huge sum of amount to cover up for your loss of earning
Incidental Expenses
There are people that would incur extra expenses because of the injury sustained and these expenses might be as a result of the cost of traveling to meet up with your doctors appointment but you must find a way to prove that the extra expenses is connected or linked to the injury sustained in a slip and fall accident.
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