How Much Can I Expect From My Slip and Fall Settlement?
Anxious for your slip and fall case to settle? Read on to find out how much you can expect to recover. Mayfield provides settlement loans to those involved in these injuries.
Are you weighing the option initiating a slip and fall lawsuit?
One of the most significant considerations is likely the size of the settlement. It is, after all, how you will pay the legal bills for the case and the unending stream of medical bills resulting from the accident.
Keep reading to learn more about assessing the potential value of your settlement.
Five Factors Contributing to Slip and Fall Settlement Costs
The value of the potential award depends on where you file your suit and, more importantly, your case. A judge won’t award a $100,000 settlement to a tenuous case that resulted in only a chipped tooth.
How do we know? Because there are five major contributing factors included in slip and fall settlements.
- Medical bills
- Pain and suffering
- Loss of income
- Loss of earning capacity
- Incidental expenses
If an extreme safety hazard landed you in the hospital, took you out of work, and diminished your ability to do your job at all, then you have a chance at a higher claim.
Attorneys build settlements on rational items like numbers. If you have $30,000 in medical bills, the court is more likely to award you $30,000 to cover those bills if they find the defendant at fault.
Other Issues in Slip and Fall Cases
Awarding damages also depends on issues of proof and fault. Is it possible to prove that the defendant’s negligence resulted in your injury? And if so, could the court feasibly decide it was at least 50 percent the fault of the defendant?
Cases, where the defendant is conceivably liable, adds to the likelihood of a greater settlement.
Examples of Slip and Fall Settlements
It’s impossible to say what size settlement your legal team will strike for you. However, if everything aligns in your favor, you could see a more substantial sum than you expect.
For example, a Colorado trucker sued Walmart for a slip and fall resulting in debilitating injuries. The cause of their fall was a grease spill on the loading dock that the store did nothing to fix.
Walmart claimed there was never a spill, but city records detailed an investigation.
Because of the injuries and Walmart’s negligence, the plaintiff won $10 million.
In another case, an Alabama man fell in a Russell County, Alabama Walmart and shattered his hip. He caught his foot in a wooden pallet, which already tripped up other customers.
The jury awarded him $2.5 million in compensatory damages. They tacked on a further $5 million in punitive for Walmart’s negligence.
Don’t Settle for Less in Your Slip and Fall Case
If you want to take your slip and fall case to court, don’t settle for less than what the defendant should pay.
Slip and fall cases often come with medical bills, loss of income, and pain and suffering. But a lower settlement than you need won’t save you – and you deserve better.
If you need help making ends meet while you wait for your award, get in touch with our customer service team today.