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This page has been written, edited and reviewed by a team of legal writers according to our comprehensive editorial guidelines. This page was approved by Founding Partner, Terry Crouppen, who has more than 40 years of legal experience as a personal injury attorney. Our last modified date indicates when this page was revised.
Personal Injury Slip And Fall Settlements Amount
The average personal injury settlement amount is approximately $75,904.90, which was derived from recovering settlement amounts in personal injury cases settled in the past 8 years (between 2015 and 2023).
How Are Slip And Fall Settlements Calculated In Missouri?
The most commonly used determining factor when determining average personal injury settlement amounts is the severity of the injuries as shown in the chart above and details below:
Accident types are grouped by injury tiers as detailed above and the data obtained includes settlement amounts for many different types of injury, including motor vehicle accidents, slip and falls, medical malpractice, dog bites, wrongful death, and many others. Accordingly, this average should not be interpreted as a standard amount that all personal injury victims would expect. The circumstances surrounding each personal injury are unique, and so are the characteristics of each individual personal injury victim.
These examples of personal injury settlement amounts are based on data obtained from actual cases over the past several years.
At the Brown & Crouppen Law Firm, our personal injury attorneys have helped thousands of clients recover compensation for their personal injury cases resulting in settlements and verdicts.
Decatur Personal Injury Lawyer
If you or a loved one has been injured in an accident, get help from a personal injury lawyer at Brown & Crouppen Law Business. Our attorneys help clients recover compensation for damages including physical, emotional and economic injuries.
The most important factor in how much you can recover as a settlement is the severity of your injuries. The amount of settlement you make in “total” will vary significantly based on the nature of your injuries. As mentioned above, once you receive money in exchange for a settlement agreement, you are forever releasing the wrongdoer from any liability related to the accident, which means you agree that you are not going to take action ask for additional lawsuits or additional compensation in the future. . When you enter into a settlement agreement, it’s your one-and-done chance to be saved and put back in your rightful place.
If you suffer soft tissue injuries, you can return to your pre-accident status with medication, some time off work, and a few visits to the chiropractor or physical therapist. However, if you are suffering from permanent life-changing injuries, it cannot be argued that you will be put back in your rightful position. These are arguments your attorney will make during the personal injury legal process and settlement negotiations.
Again, it’s worth mentioning that the circumstances surrounding each personal injury are unique, and that each personal injury victim also has unique characteristics. For example, two individuals can break their leg, but one person may require more treatment and have a longer recovery period due to several factors such as age, pre-existing medical conditions themselves, and compliance with treatment plans. Accordingly, the above average settlement amounts should not be interpreted as a standard amount to expect for all personal injury victims.
How Much Does A Personal Injury Lawyer Cost?
Often, the things that are not tangible are the biggest loss that a person suffers: Pain, suffering, and loss of enjoyment of daily life activity in the past and in the future. These losses are more difficult to assign a number. Again, your chance to enter into a settlement agreement is your one-and-done chance to be saved and put back in your rightful position. When deciding what is fair and reasonable, your lawyer will discuss with you what amount should adequately compensate you now and account for any pain and suffering you may experience in the future. This means considering the following:
Even if you feel happy or pain-free right after you receive treatment for your accident-related injuries, consider the possibility of a burst of pain or recurring thoughts of the accident that might happen in the future. Again, a settlement agreement is meant to put you back on your rightful footing, and that includes thinking about how this accident will affect you later in life.
Multiple damages or losses are also taken into account when your lawyer is negotiating a settlement amount. One type of damage you may be entitled to compensation for is medical expenses. This includes medical expenses you incurred as a result of the accident and those medical expenses you are reasonably certain to incur in the future. These costs include doctor’s visits, surgical costs, out-of-pocket expenses (such as crutches, bandages, braces, etc.), prescriptions, co-pays, therapy, physical therapy, chiropractic therapy, or gas money for doctor’s appointments.
However, it should be noted that the amount of medical expenses claimed may be limited to the amount actually paid or owed for medical expenses, rather than the amount of medical expenses charged by a medical provider. For this reason, an attorney may determine that seeking compensation for paid or appropriate medical care may reduce the value of a claim. An attorney determines this when that dollar amount does not reflect the true value of the losses a client has suffered in a car accident.
Who Is Responsible For A Slip And Fall Accident At A Store?
As with medical expenses, time lost from work can be claimed as compensation for your injury. Remuneration for work that is reasonably certain to be lost in the future will also be sought. Similarly, if you are permanently disabled and unable to work or unable to work in the same profession/job, the calculation of future lost wages and/or retraining may be included in the compensation .
The amount of money you can receive as a settlement depends largely on the insurance cover available. Insurance coverage is the most common source of recovery. The insurance coverage available will vary greatly depending on the wrongdoer and their insurance policy. For example, if your injury is caused by someone without insurance, that person may not have the resources to pay a judgment against them.
If your injury is caused by an insured, the amount you can recover as a settlement may be limited to the limits of their insurance policy. Each individual’s insurance policy limits will vary depending on the amount of insurance that individual can afford. For example, a large business or corporation is likely to have more coverage and higher limits on their insurance policy than the average individual.
A personal injury lawyer can help with settlement negotiations by disclosing policy limits, negotiating with the insurance company, and ultimately making sure you receive fair compensation after an accident.
Premises Liability, Explained
Each party’s fault is a huge factor that is taken into account during settlement discussions. A wrongdoer will only pay for the injuries caused by their wrongdoing. In other words, a tortfeasor will put up a fight and be reluctant to pay the full settlement amount you ask for if there is any evidence that you were at fault in the incident or that you contributed to your own injuries. However, fault and other negligent acts on behalf of the wrongdoer can increase the compensation you receive.
Trials are time-consuming, expensive, and mentally draining for all parties involved. In addition, once a dispute reaches the trial stage, a jury decides whether and how much money should be awarded to you. Accordingly, the desire to avoid going to trial encourages both parties to reach a private settlement agreement outside the courtroom. Avoiding trial publicity, the stress of trial preparation, and leaving the fate of your award in the hands of juries are all compelling reasons to reach a settlement agreement outside of the courtroom.
All of these things should be taken into account when deciding on a reasonable settlement amount, and your attorney will use it as a marketing tool: How much is the wronged person willing to pay to avoid a trial? How much are you willing to accept to avoid a trial?
A personal injury settlement is a monetary award paid by the wrongdoer to put you back in your rightful position; that is, the position you were in before you were injured. Settlement agreements can be made before a lawsuit is filed or after a lawsuit has already been filed.
Michigan Slip And Fall Lawyer
The amount of money someone receives as a settlement, before or after a lawsuit is filed, is intended to make the injured party “whole” again. This principle is commonly known as compensatory damages. It is recognized that many injured people will never return to their pre-injury state, but monetary settlements are the only system we have for compensating injured parties.
When the wrongdoer pays a settlement amount, you are agreeing to release them from any responsibility for the injuries you sustained in the accident. In other words, once you get a solution from the wrongdoer, you agree that the problem is solved and you can’t take legal action by filing.