The losses associated with premises liability accidents can vary considerably, so most lawyers do not worry about determining what the average premises liability settlement is. Instead, attorneys assess the specific losses each client faces to help them achieve a full financial recovery.
A West Palm Beach premises liability lawyer can assess your situation and determine how much compensation you should get through a settlement. A lawyer can also explain other legal options, like filing a lawsuit, if the insurance company refuses to offer a fair settlement.
Should You Worry About the Average Worth of a Premises Liability Settlement?
It’s tempting to focus on what the average premises liability settlement is worth. However, it’s more important for you to consider the specific losses you sustained due to someone else’s negligence because those are what your actual settlement will be based on.
When you reach out to an attorney for help, they can consider your losses and then focus on determining a fair value for your claim. Depending on your circumstances, you could qualify for funds to pay for your:
Medical Costs
In many situations, a premises liability settlement will provide funds to fully cover the victim’s healthcare expenses. You may receive funds to pay for your stay in a hospital, surgeries, medications, physical therapy, and other medical treatments.
The extent of your medical expenses will depend largely on the severity of your injuries, and there isn’t truly an “average” cost for the care you’ll need to recover physically.
Lost Income
Your accident could prevent you from working for an extended period of time. A settlement could cover your lost income. The value of this part of your settlement will depend both on the time you need to take off work and your average wages.
Additionally, you could get further compensation if the incident leaves you with a disability. In this situation, you might qualify for funds to pay for your reduced earning potential.
Pain and Suffering
Many injury victims receive funds to cover their non-economic damages through a settlement. These damages do not have a clear-cut dollar value, and they vary for each person because they include things like:
- Physical pain
- Mental anguish
- Emotional distress
An attorney will need to consider how the accident impacted your life to determine the value of these losses. You can get help determining an accurate value for your claim by reaching out to a skilled legal team immediately.
For a free legal consultation, call 561-222-2222
How Do You Know if You Receive a Good Settlement Offer?
You should allow your attorney to assess any offer made by the insurance company to see if it fairly covers your losses. Your attorney will carefully look over the terms of the settlement to see if the offer addresses all of the losses you face due to a premises liability incident.
Not every offer made by the insurance company will address your losses. In fact, these companies often make multiple lowball offers. They hope that injury victims will just accept these deals because that will save the company money.
Fortunately, when you have a lawyer on your side, you’ll have someone there who can put you first. Your lawyer can reject subpar offers and handle negotiations with the insurance company, pushing to get you the money that you need to financially recover.
What if You Don’t Get a Good Settlement Offer?
If the insurance company refuses to make you a good settlement offer, your legal team may consider filing a lawsuit against the liable party. You have the option to go through the court system to get the money you need after an accident.
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Your Attorney Will Need to Prove Your Losses
A lawyer will need to investigate and gather evidence to establish the extent of your losses after a premises liability accident. This evidence could include your medical records, information from your employer about your average pay and the time you took off, and statements from you about the effects of the accident on your life.
A lawyer will also need to connect your losses directly to the accident. You can help with this process by seeking medical care immediately after the incident. Getting fast treatment makes it harder for the insurance company to claim that another action caused your injuries.
Call or text 561-222-2222 or complete a Free Case Evaluation form
Talk to Us About the Value of Your Premises Liability Settlement
Instead of worrying about what the average premises liability settlement is worth, our team at GOLDLAW will focus on the specific losses you face and fight to bring you fair compensation after an accident caused by someone else’s negligent actions.
We have more than 200 years of combined legal experience, and we’re ready to address your concerns right now. You can count on us to stand up for you and fight for you every step of the way after an accident.
Our firm believes that you deserve compensation for your economic and non-economic losses. You can learn more about our services and how we can help after your accident by contacting us for a risk-free initial consultation.
