The average settlement amount for premise liability cases at commercial businesses is $345,000. For slip and fall cases that occur on private property, the average settlement is $105,000.1 It’s important to note that there is no fixed value for a premise liability case, and each case is unique.
Slip and falls, as well as other injuries caused by hazardous or unsafe property conditions, are influenced by various factors that determine the settlement amount of your case.
While slip and falls can result in fatalities, they are more commonly responsible for causing injuries. Slip and fall injuries occur when individuals slip, trip, or fall due to hazardous and unsafe property conditions, such as wet or uneven surfaces, faulty stairs, sidewalks and furniture, and even cluttered walkways and parking lot poles. As slip and falls can happen anywhere and under different circumstances, the injuries sustained in premise liability cases can vary greatly.
Discover more about some of the most common types of slip and fall injuries here.
If you have suffered a slip and fall at a store or commercial property, your first step should be seeking medical attention. Obtaining the necessary medical care after a slip and fall accident is crucial for two reasons: it ensures proper treatment of all your injuries and serves as legal documentation of your accident-related injuries, which is essential for obtaining a financial settlement.
After receiving medical treatment, you must then report the accident to the store manager or owner. Failure to report a slip and fall accident to the property owner may jeopardize your ability to file a lawsuit or receive compensation. Insurance companies may question the validity of your slip and fall claim if you have not sought medical attention or reported the incident to the store owner. Learn about the subsequent steps here.
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