What are typical slip and fall settlement amounts?
The national average settlement amount for commercial business premise liability cases is $345,000. For slip and fall cases that occur on private property, the national average settlement is $105,000.1 It’s important to understand that there is no set value for a premise liability case, and no two cases are ever the same.
Slip and falls, or any other kind of injury that occurs because of hazardous or unsafe property conditions, involve multiple factors that influence the settlement amount of your case. These factors include:
- The cost of your medical bills
- The severity and permanence of your injury
- The pain and suffering caused by your injury
- The amount of wages and time missed from work
- The percentage of your involvement in causing the accident
- The type of negligence that caused the accident
- The legal representation you choose to represent you
While slip and fall settlements can be significant, they can also be difficult and complex to reach. Hiring an experienced personal injury lawyer is one of the best ways to ensure you receive a settlement that is appropriate for your pain and suffering and considerate of how your injury may affect your family, ability to work, and future wellbeing.
In fact, hiring a lawyer to represent you in a slip and fall case can increase your settlement amount by an average of $60,000. Even after deducting the lawyer fees needed to win a case, slip and fall defendants may walk away with more than three times as much compensation as those who do not seek legal help.2