Did you know that there are 39.5 million personal injury cases requiring medical treatment in the US every year?
This is a staggering number, and many of these cases fall under premises liability. This refers to situations where an individual is injured on someone else’s property.
In such cases, the injured party can file a premises liability claim. This helps them seek compensation for their injuries.
In this article, we will discuss the common types of premises liability settlements. We will also look at how they’re resolved. Read on to learn more.
Types
Premises liability claims can arise from a variety of situations. Understanding the common types of settlements can help you navigate your claim. Here are some common types:
Slip and Fall Settlements
Slip and fall accidents are one of the most common types of premises liability claims. These occur when an individual slips, trips, or falls on someone else’s property. This can be caused by factors such as wet floors, uneven surfaces, or poor lighting.
In this personal injury case, the settlement amount will depend on the injuries sustained by the victim. It may also take into account any medical expenses incurred as a result of the accident.
Negligent Security Settlements
Property owners must provide adequate security measures to protect their visitors. If someone gets injured due to poor security, they may file a premises liability claim. Negligent security cases can involve physical assaults, sexual assaults, or robberies.
Dog Bite Settlements
Owners are responsible for their pets and can be held liable if their dog bites someone. These types of settlements may cover medical expenses and lost wages. It can also cover the emotional distress caused by the attack.
Resolutions
Premises liability claims can be resolved in several ways. Here are some common methods used to resolve:
Insurance Claims
Property owners typically have liability insurance. It covers them in case someone gets injured on their property. The insurance company will be responsible for negotiating and settling the claim.
Negotiations
In many cases, the lawyers from both sides will negotiate a settlement amount before even filing a lawsuit. This can save time and money for both parties. It can also help avoid a lengthy court battle.
Mediation
If negotiations fail, the case may go to mediation. In this process, a neutral third party will facilitate discussions between both sides. They help them reach a settlement agreement.
Mediation can be a more cost-effective and less adversarial option than going to court. This can also help both parties come to a mutually agreeable resolution.
Trial
If all other methods fail, the case may go to trial. A judge or jury will then decide on the outcome of the case. This can be a lengthy and expensive process.
However, it may be necessary if both parties cannot come to a settlement agreement. It can also help establish legal precedent for similar cases in the future.
Understanding Premises Liability Settlements
Premises liability settlements can vary depending on the type of injury sustained and the circumstances surrounding it. It’s important to understand your rights as a victim and seek legal guidance.
Knowing the common types of settlements and how they are resolved can help you navigate your claim with confidence. Don’t hesitate to seek professional help and explore your options for seeking justice.
