Slip And Fall Accident Settlements

If you have suffered from a slip and fall accident, you may be eligible for compensation to cover both the financial costs of the injury as well as compensation for pain and suffering. Financial costs refer to the expenses that you incurred as a result of the accident. Additionally, the amount of compensation you receive for pain and suffering will be based on the severity of your injuries.

However, the value of your case may be greatly influenced by other specific factors beyond these basics.

• Severity Of Injuries

The seriousness of the injuries you sustained in a slip and fall accident will significantly affect how much compensation you can receive. In situations where the injuries are minor, like cuts and bruises, that did not lead to any significant harm, it may not be worth it to pursue legal action against the property owner.

However, if you have suffered more severe injuries or your insurance company does not cover all of the costs related to the accident, it would be worth bringing a lawsuit against the property owner.

According to the Centers for Disease Control and Prevention (CDC), in 2015, the total medical expenses related to falls exceeded $50 billion, but Medicare and Medicaid covered about 75% of those expenses. In instances where an injured person is not covered under Medicare or Medicaid, the private insurance provider would be responsible for covering those costs. Fortunately, approximately 91% of Americans have some type of health insurance. However, for the 9% who are uninsured, slip and fall accidents can be costly.

Moreover, the initial extent of the injuries is not the only calculation to be made. Depending on the severity of the injuries sustained, the victim may suffer from temporary or permanent disability and require lifelong rehabilitation, medication, and medical care. All of these factors could be financially detrimental to a family.

Therefore, it is essential to have a slip-and-fall attorney who can help you determine the total cost of your injury. Accepting a settlement too soon could result in missing out on compensation for long-term health consequences resulting from the accident.

• Lost Wages

When you have been injured, it’s possible that you have been unable to work or had to switch to a lower-paying job due to the physical limitations caused by your injury. This may result in a loss of income for a few days or weeks, or it may prevent you from working altogether.

The amount of lost wages is a significant factor in determining the settlement amount.

• Property Damage

When people think of a slip and fall incident, they usually don’t consider the possibility of damaging their personal belongings in the process. However, items like smartphones, smartwatches, laptops, and other technological devices may also get damaged due to the fall. In such cases, the victim may be able to claim compensation for the damaged property.

• Pain And Suffering

While not a direct financial cost, pain and suffering is an award granted to compensate victims for any emotional or physical distress that resulted from the accident. This can include the burden of the overall recovery process.

• Reduced Earning Capacity

If the injury results in permanent disability, you may receive compensation for the reduction in your earning capacity. You may have had to change your career or accept a lower-paying job due to the physical limitations caused by the injury. This compensation will help cover the financial losses that result from the change in your career.

How Can Slip & Fall Lawyers Of Texas Help The Outcome Of My Settlement?

At Slip & Fall Lawyers Of Texas, we are committed to strengthening your slip and fall case. Our attorneys will tirelessly work to gather evidence, which includes medical records, medical bills, accident reports (if available), witness statements, security camera footage (if available), and photographs of the hazardous condition that caused the accident.

The availability of some forms of evidence may depend on where the slip and fall occurred. For instance, obtaining security camera footage may be challenging as some property owners may be hesitant to hand over such evidence. However, our attorneys have the skills and experience needed to obtain this evidence and use it to build a strong case on your behalf.

If you or someone close to you has been injured in a slip and fall incident, get in touch with us today for a complimentary consultation. We will examine the specifics of your case without any charge and address any inquiries you may have about the next steps. Additionally, we operate on a contingency basis, which means you won’t have to pay us until we obtain a successful outcome for your case. call us at (888) 508-3212 or complete our contact form.