What does a ski accident settlement include?

In Wisconsin, a ski accident settlement may include economic and non-economic damages. Economic damages are typically recoverable costs related to medical expenses, lost wages, and property damage, and can be calculated with a reasonable amount of accuracy. Non-economic damages include compensation for pain and suffering, disfigurement, emotional distress, and any other non-monetary losses associated with the ski accident. The ski accident settlement may also include punitive damages, which are designed to punish the negligent party and discourage them from similar actions in the future. Punitive damages are rare and are typically awarded in cases involving extreme negligence or willful misconduct. In addition, a ski accident settlement may include a liability waiver or a release of liability. This is when the negligent party releases the victim from liability for damages caused by their conduct. This type of settlement is common, as it allows for a quick resolution of the dispute and eliminates the need for a costly trial. In Wisconsin, any settlement reached between the parties must include a covenant not to sue so that the defendant is legally released from any further liability for damages relating to the ski accident. Lastly, a settlement may also include an agreement to keep the case confidential so that the details of the accident remain private.

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