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A Breakdown of How Slip-And-Fall Accident Claims Are Valued

Slip and Fall Accidents / November 15, 2023

You may face a long healing journey and expensive medical bills if you have been seriously injured after a slip-and-fall accident. When you experience this kind of hardship, you don’t deserve to manage these difficulties and expenses without support. You may know you can receive compensation for your losses when another person is responsible for your injuries. Still, it’s also likely you have questions about what recovery you can receive. How do the legal systems decide how to value compensation for a slip-and-fall claim?

Your compensation for your slip-and-fall case depends on the specific losses you face. The objective value of related losses, like medical bills, attorney fees, property damage, and time taken off work, will generally be reflected in your compensation. You can also receive compensation for non-economic damages, including loss of enjoyment of life, scarring and disfigurement, and emotional distress. While certain losses can only be compensated up to a capped amount, a multiplier is generally applied to determine the awarded amount.

What Compensation Can You Collect After a Slip-And-Fall?

Depending on the circumstances surrounding your slip-and-fall accident, you may be eligible to receive compensation for some or all of your losses. The amount you can receive will vary based on the economic and non-economic damages you suffer due to another person’s negligent behavior. The following losses commonly qualify for compensation in a personal injury claim like those associated with slip-and-fall accidents:

  • Attorney and legal fees
  • Medical bills
  • Ambulance rides
  • Future medical care
  • Physical and occupational therapy
  • Mental health support
  • Loss of wages from time taken off work
  • Changes in wage-earning capacity
  • Wrongful death
  • Loss of consortium or companionship
  • Pain and suffering
  • Emotional distress
  • Changes in quality of life
  • Scarring and disfigurement
  • Loss of enjoyment of life

Other damages may also qualify for compensation, and the amount you can receive may be based on the severity of your experiences and the objective values of your losses. We encourage you to work with an attorney, like one from Hollis Law Firm. We can identify other qualifying damages, estimate the value of your claim, and boost your odds of receiving fair and maximum compensation. We can also further break down how damages and the value of your claim are calculated during your legal processes.

How Are Non-Economic Damages Calculated in a Slip-And-Fall Claim?

Non-economic damages are often calculated based on the circumstances you experience. The severity of your pain, loss of enjoyment of life, and other damages will impact how much you can receive. Many will utilize a multiplier to determine how much victims can receive for their non-economic damages. However, some damages come with compensation caps.

What Damages Have Compensation Caps?

Different cases may have varied compensation caps applied to them. In some states, there is a maximum amount of recovery you can receive based on time taken off work. It’s also extremely common for non-economic damages to have an upper limit cap. If applicable, punitive damages applied to the at-fault parties may also have a particular cap.

Please contact us if you need more information about how compensation is calculated within your claim. Hollis Law Firm’s attorney can support you in several ways throughout the process.

Receive Fair Compensation and Valuable Support From a Hollis Law Firm Slip-And-Fall Accident Lawyer

If you’ve been harmed due to a slip-and-fall incident, it’s your right to seek justice and compensation from those at fault. Facing such challenges alone can be daunting, but with Hollis Law Firm by your side, you’re never alone. We have a solid track record of representing victims like you, ensuring they receive the compensation they deserve and reducing the burden of legal stress.

Don’t wait any longer. Secure your free consultation with our seasoned attorney to discuss your situation and address any doubts. Reach out to us either by calling (800) 701-3672 or by filling out the contact form on our website. We’re here to advocate for you.