How to Calculate a Slip and Fall Settlement
According to the National Floor Safety Council, falls account for over 8 million hospital visits per year. Slips, trips, and falls contribute as one of the leading factors to missed workdays. San Antonio workers who have severe injuries may be eligible for financial compensation. Learn how to calculate a slip and fall settlement by connecting with San Antonio personal injury lawyers from the office of Carabin Shaw. We’ve earned over 500 million dollars for our clients over personal injury cases, including slip and falls. Let us help you earn today.What Is a Settlement?
A settlement occurs instead of a trial, but still results in financial compensation. In return for the settlement, the victim signs a contract stating the defendant is no longer liable for the accident. On average, only 2% of slip and fall cases go to trial -- the rest are dismissed, dropped, or settled out of court.
Lawyers and insurance adjusters negotiate during a settlement. Regardless of legal format, you will need the aid of a qualified attorney.
The result of a settlement is typically a financial reward. The settlement can either be doled out in increments or given in a lump sum. The average slip and fall settlement in Texas will look at multiple factors, including financial, emotional, and physical considerations.What Factors Go Into a Settlement
The following factors are considered while determining a settlement:
- Future and current lost wages
- Pain and suffering
- Medical bills
- Future medical costs
- Damage to any of your property
Although it is hard to definitively know how to calculate a slip and fall settlement, you can get an idea from the number of your medical costs and lost wages.
Pain and suffering refer to any physical or emotional stress caused by the accident. An insurance company will assign a number one through five depending on the severity of injuries and multiply the medical bills by it. So, the higher the number, the higher the compensation. The average slip and fall settlement in Texas is between thirty and fifty thousand dollars. Connecting with San Antonio personal injury lawyers as soon as possible will increase your chances of reaching a successful settlement.Limits on Personal Injury Cases
Your case must rely on “clear and convincing” proof that your injuries are caused by the negligence of another party. San Antonio premises liability lawyers specifically work on cases that take place on someone else’s defective property. So, for example, if your case took place at the grocery store, your work, or your neighbor’s house, then you may require the assistance of a premises liability attorney.
In addition, Texas has a $250,000 limit on the amount you may receive during your case. Your settlement cannot exceed this amount. Lastly, you must file your case within two years of the accident. It is important to file with a lawyer as soon as possible.Common Premises Liability Examples
Premises liability accounts for slip and fall injuries that occur on an unsafe or defective surface on someone else’s property. The root cause of this may be negligence. Examples of premises liability cases include:
- Receiving injuries in the store from a spill
- Injuries sustained outside or on public land
- Injuries received during recreation
A qualified lawyer will discuss the details of your case and consider any witness testimonies, medical documents, and any insurance and police reports. San Antonio personal injury lawyers are specialized in premises liability cases and can help you win your settlement.What to Do Next
Under Texas law, you will have two years from the date of your accident to file a claim. Furthermore, you will have a higher chance of receiving a settlement the sooner you speak to legal counsel. Consider working with the San Antonio premises liability lawyers from the office of Carabin Shaw. We offer a free initial case review. All you have to do is call our San Antonio office at 210-222-2288.