A majority of slip and fall claims are settled before they ever go to court. This is because the property owner realizes that the cost of going to trial will far outweigh the expense of settling the case. There is always a chance that this type of case will go to trial, but it is very slim.
How Long Do Slip and Fall Settlements Take?
Every slip and fall accident will be different. Slip and fall settlements can occur anytime from three months to two years after contacting an attorney. The length of time it will take will depend on the complexity of your case, the extent of your injuries, and the insurance company’s willingness to negotiate a settlement.
What Is The Average Slip and Fall Compensation?
The average slip and fall settlement amounts will depend on your case. Your settlement will be based on the financial losses you have endured due to the accident. Some of the forms of compensation that you may be entitled to for a slip and fall event include:
- Current and future medical expenses for the injuries received
- Lost wages and benefits
- Future earning capacity if your injuries prevent you from returning to work
- Improvements to your home or vehicle to accommodate your permanent injury
- Pain, Suffering and Mental Anguish
The average payout for a slip and fall injury will include most or all of these forms of compensation. Your attorney will provide you with a detailed explanation of the types of compensation that you are entitled to and the amounts you should expect to receive based on your case.
Do Trip and Fall Lawsuit Settlements Allow Future Claims?
Slip and fall out-of-court settlement amounts include all of the compensation you will receive for your injuries. Once you accept an offer, the insurance company and responsible party for your accident are no longer obligated to you for medical care or other financial issues.
For this reason, your attorney will take time to process your claim so that any losses you have had are included in the claim. Your attorney will wait until the medical care provider treating your injuries issues an MMI (maximum medical improvement) rating. At that time, the attorney will know how to prepare your settlement demand letter.
The MMI will tell the attorney if you will need future medical care for your injuries or if you will have a disability rating as a result of those injuries. This will help determine what forms of compensation you are entitled to and for what amount. Your attorney will make sure that any future medical care and loss of income is included in your slip and fall accidents settlements amount. This way, once the settlement is accepted and the case closes, you will not have to worry about these losses in the future.
How Do I Receive Slip and Fall Cases Payouts?
When your case settles, the insurance company will issue a check to the law firm in both your name and the firm’s name. Your attorney will provide a full accounting of all of your legal fees and expenses and make sure that all of these bills are paid in full. When the check arrives, you will sign the check over to your attorney, and they will reissue you a check in your name only for the balance of the settlement after all of your fees are paid.
If you were injured in a Florida slip and fall accident, you may be able to recover compensation to help with medical bills, lost wages, or for other damages. The injury attorneys at Landau Law are here to help. Contact us today for a free case evaluation.