How Much Money Can You Get For a Slip and Fall?
Slipping and falling can result in significant injuries and expensive medical bills. The good news is if you fall on someone else’s property, you might be entitled to compensation. Money you get for a slip and fall accident can help you pay for the cost of short- and long-term medical care, and compensate you for any time missed from work.
How much are you entitled to if you are injured in a slip and fall incident?
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Every case is different. Much of what you receive after a slip and fall event will depend on the extent of your injuries and to what extent your accident was caused by the negligence of a third-party.. Working with an experienced New York slip and fall attorney can help you determine the amount of compensation you can expect from a slip and fall accident.
What Factors Affect Slip and Fall Compensation?
Assuming you’re able to show someone else’s negligence led to your fall, there are several things that will be taken into consideration when determining how much compensation you receive.
Medical costs are one of the primary factors for determining the cost of compensation for slip and fall incidents. Nearly every slip and fall victim will receive at least the cost of current medical bills and estimated future medical costs as compensation. Additionally, the availability of insurance that you have (medical, disability) will play a role in the compensation awarded to an injured person.
Pain and Suffering
In addition to medical bills, it’s also possible to receive money for pain and suffering after a slip and fall incident. There is no exact way to calculate the value of pain and suffering, but typically, the cost of medical care is used as an indicator.
Lost Wages and Earning Capacity
It’s also possible to receive money related to employment after a slip and fall accident. If you are forced to miss work because of your injuries, you’re entitled to recover the value of whatever wages you missed out on earning. Likewise, if your injuries are such that you are no longer able to perform your job duties and your earning capacity overall is diminished even in another line of work, you’ll be entitled to recover compensation for lost earning capacity. In the event of a death, the amount of support your dependents expected during your lifetime would be measure of the compensation awarded.
Money might also be available to pay for training or education to prepare you for a different line of work, or it will simply pay in you in a lump sum equal to the amount you would’ve likely earned were it not for the accident.
Finally, you’re entitled to reimbursement for incidental expenses. These are all the costs that pop up related to the slip and fall accident and its aftermath. Costs related to travel expenses for doctors or physical therapy appointments would be an example of an incidental expense.
How to Know the Value of Your Slip and Fall Claim
Determining an exact amount of compensation is impossible without knowing the specific details of a case. Average compensation for slip and fall injuries can range from tens to hundreds of thousands of dollars. One of the largest slip and fall settlements in New York involved a woman who fell down subway stairs. She received more than $16 million, but suffered severe and permanent brain damage.
Money might not ever restore your life to what it was prior to a slip and fall accident, but it can help ease the burden caused by the fall.
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