Michigan Premises Liability Settlements And Amounts Guide
What Is Your Slip and Fall Case Worth?
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If you or a loved one has been injured in an accident in Michigan on another person’s property, an experienced lawyer who specializes exclusively in premises liability law can help victims like you maximize their settlements and amounts awarded.
To determine how much your case is worth, your attorney and the insurance adjuster assigned to your case will look at your current medical expenses and lost wages, your pain and suffering, and your future medical needs and potential lost wages (if you can’t continue working).
Many adjusters will make a low-ball offer, especially if the victim is not represented by a skilled attorney with a strong reputation.
But a skilled Michigan premises liability lawyer will know how to calculate a full and fair settlement and win you maximum compensation as quickly as possible.
Fortunately, the dedicated team of attorneys at Michigan Slip & Fall Lawyers, led by attorney Tim Holland, specializes exclusively in this area of law. Our lawyers have a proven track record of securing million-dollar award amounts, and doing so quickly. With a client-focused approach, our team ensures your legal rights are protected and we work diligently to get you the full compensation you deserve.
How are premises liability settlements calculated in Michigan?
In Michigan, insurance adjusters typically calculate their premises liability settlement offers by looking at three things:
- Your current medical bills and lost wages
- Your future medical needs and likely wage loss
- Your pain and suffering
The general formula for calculating this type of award amount is this:
- Amount awarded= (Economic damages/Medical bills) x Multiplier (between 1.5 and 5, depending on factors such as venue, liability, comparative negligence, and the attorney’s reputation) + future economic losses (including anticipated surgeries, medical care, and wage loss).
Your current medical costs and lost wages can be documented through bills from doctors, medical providers and your employer. Lost wages are typically calculated from paycheck stubs or tax returns, based on time missed from work.
The “multiplier” is used to represent your pain and suffering. A higher multiplier typically reflects more severe injuries and the extent of future medical treatment required. The more serious the injuries, the higher the multiplier tends to be.
In general, average lawyers tend to secure average amounts based on lower multipliers.
But an experienced Michigan premises liability lawyer with a strong track record of success and a reputation for taking cases to trial is more likely to cause the multiplier to be set higher, thus resulting in higher settlements and often settle cases more quickly.
Regarding future medical needs and economic losses, if your injury will prevent you from returning to work, your lawyer will typically calculate these future costs as part of a life care plan and economic loss analysis, which will be presented on your behalf.
What is a reasonable settlement amount for a premises liability claim in Michigan?
In Michigan, a reasonable settlement amount for a premises liability case will always depend on the specific facts regarding your injuries and how your accident occurred. It is important to note that there is no specific number that constitutes a “reasonable” value for a case.
Our own lawyers have handled cases where reasonable amounts awarded reached $5.5 million and $4.6 million. However, these figures only became reasonable as the case progressed, liability (negligence or fault on the part of the property owner) was established, and the full extent of the injuries was determined.
The amount awarded in any case will always depend on the specific facts surrounding the incident and your injuries, whether liability is clearly established or if there are strong defense arguments, your attorney’s reputation, and the insurance policy limits and assets available from the property owner.
It’s important to remember that many states do not impose legal caps on how much you can recover for pain and suffering. The same applies to economic damages, which may cover both current and future medical expenses as well as lost earnings if your injuries impact your ability to work or earn what you otherwise would have.
How long does it take to get a settlement?
In Michigan, premises liability settlements could be reached in a matter of weeks or months if liability is uncontested and the property owner’s insurance coverage is sufficient to fully and fairly compensate you for your injuries. However, if filing a lawsuit becomes necessary, a case could take one to two years to conclude depending on the court’s backlog of cases.
Factors that affect the time it takes for a case to end include:
- The number of parties involved
- The complexity of the discovery process (including the number of depositions that need to be taken)
- The court in which your case is filed
- The presiding judge
- The trial court’s timeline for case evaluation, facilitation, and motion hearings
What is the average premises liability settlement in Michigan?
Our experienced lawyers who specialize exclusively in this area of the law have recovered multiple million-dollar settlements and verdicts for our clients, but it’s hard to determine an “average” premises liability settlement amount in Michigan.
Factors that affect the amount of money that you may be entitled to include:
- Your lawyer’s track record of success as well as his or her reputation for taking cases to trial when the insurance company refuses to settle for full and fair compensation
- Whether and to what extent your injury-related disabilities and pain are permanent
- The extent to which your injuries have been diagnosed and verified by doctors, hospitals, and medical specialists
- How long it will take you to reach maximum medical improvement
- Your doctor’s prognosis for your future medical recovery and your need for medical care in the future
- The effect that your injuries have had on your ability to return to your pre-accident life
- How strong the factual evidence is supporting a finding of negligence or carelessness on the part of the store, commercial building, or property owner responsible for causing your slip and fall or trip and fall injury
Use our Slip and Fall Settlement Calculator to determine how much your case may be worth. Of course, you can always contact an experienced attorney at Michigan Slip & Fall Lawyers to help you determine the value of your case. Your call is always free.
Our Michigan premises liability settlement amounts
The experienced premises liability attorneys at Michigan Slip & Fall Lawyers have a track record of success when it comes to recovering million-dollar settlements and verdicts for our clients.
Our recent wins include:
- $7 Million – Construction accident caused by worksite safety violations
- $5.5 Million – Dangerous condition on property that caused serious physical injuries
- $4.6 Million – Traumatic brain injury caused by a national retail pharmacy’s negligent display, maintenance and securing of dangerous merchandise
- $3.6 Million – Dangerous condition on property causing serious harm
- $2.5 Million – Hidden dangerous condition on property
Get help from our Michigan slip and fall lawyers today
If you or a loved one has been injured in an accident in Michigan on another person’s property and need help with your premises liability claim and have questions about your settlement options, call now for a free consultation. Let the experience that attorney Tim Holland and the lawyers at Michigan Slip and Fall Lawyers have on slip and fall cases along with their track record of getting the highest award amounts possible for their victims give you peace of mind, while they help to pick you back up and get you the compensation that you need and deserve to start rebuilding your life.
We pride ourselves on treating every client with care, compassion, and respect. We pride ourselves on communication and we will always be there when you need us. We will ALWAYS return your calls and emails and answer your questions.
To speak with an experienced attorney about your injury, call us now, or fill out our contact form for a free consultation.
We will help you understand Michigan’s slip and fall law and answer all of your questions about how we can make the law work for you. There is absolutely no cost or obligation. We’re here for you now.
Get help from our Michigan slip and fall lawyers today
You do not have to go it alone after your slip and fall accident. Let the experience attorney Tim Holland and the lawyers at Michigan Slip and fall have on slip and fall cases along with their track record of getting the highest settlement amounts possible for their victims give you peace of mind, while they help to pick you back up and get you the compensation that you need and deserve to start rebuilding your life.
We pride ourselves on treating every client with care, compassion, and respect. We pride ourselves on communication and we will always be there when you need us. We will ALWAYS return your calls and emails and answer your questions.
To speak with an experienced slip and fall accident attorney about your injury, call us now, or fill out our contact form for a free consultation.
We will help you understand Michigan’s slip and fall law and answer all of your questions about how we can make the law work for you. There is absolutely no cost or obligation. We’re here for you now.
Meet Our Attorney
Tim Holland is arguably Michigan’s most experienced and successful slip and fall lawyer. You can read more about Tim Holland’s experience and success here.
What Is Your Slip and Fall Case Worth?
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