10 May, 2024
Sustaining an injury in a motorcycle accident is a source of stress. For instance, a back injury can result in persistent pain and numerous appointments with a physical therapist. The mounting medical expenses, lost income due to missed work, and out-of-pocket expenses can take a toll on you.
When faced with such bills, you may wonder about the average settlement amount to plan your finances. The question has no simple answer because every motorcycle accident is different.
There is no average settlement, as each case has different circumstances. Some injured victims receive higher settlement values, while others receive lower values. The value of your settlement depends on several factors.
More importantly, working with a trusted motorcycle accident attorney can often increase your chances of receiving a fair settlement value for your losses.
The value of a motorcycle accident settlement largely depends on evidence, facts, and unique circumstances regarding the case.
Here are the two main aspects that affect a motorcycle accident settlement:
The circumstances of your case will determine how much you will be entitled to in compensation for your losses. Here are the factors of the average accident settlement amount:
The severity of your injury will determine the average settlement amount for a motorcycle accident. An accident victim who suffered a minor broken bone is likely to obtain a lower settlement value compared to a victim who sustained a traumatic brain injury.
A severe injury requires a higher settlement value to cater for various damages, including:
Do not assume the severity of any injury. Instead, see a health provider for a comprehensive medical examination. While bruises and lacerations may seem minor, they pose a risk of infection, internal injury, or scarring.
You may still be entitled to compensation if you were partly liable for a motorcycle accident. Under comparative negligence, you may still be entitled to compensation if your contribution to the accident was less than 50%.
However, the compensation you’re entitled to is reduced by the percentage of your fault. For instance, if you were lane splitting before an accident, an act that made you 40% at fault, your settlement may be lowered by 40%.
In addition to the financial impact of an injury, the physical harm can affect other vital aspects of your life. Suppose you sustained a spinal cord injury that makes it challenging to get down and play with your kids or be intimate with your partner.
In that case, you deserve compensation for a reduced quality of life or the loss of enjoyment of life. If you sustained a severe injury or lost a loved one due to the injury, you could develop mental health issues such as anxiety, depression, phobias, or Post Traumatic Stress Disorder (PTSD).
When determining the value of a motorcycle accident settlement, a jury considers the current and future injury-related losses.
You may obtain a higher settlement value if an injury caused the following injuries:
After a motorcycle accident, injury-related costs begin accumulating, necessitating a financial plan to cover those expenses. The most critical step in meeting these costs is determining liability for the accident.
After identifying the liable party, you can pursue compensation by either filing an insurance claim or a lawsuit. More importantly, working with a motorcycle accident attorney can help you identify the liable party and initiate steps to recover injury-related costs.
The value of a motorcycle accident settlement depends on the at-fault party insurer and the coverage. You may also require representation from a motorcycle accident attorney to protect your interest in the claim.
While an insurer may consider the severity of your injuries, medical expenses, and lost wages, they will likely table a low-settlement offer. An attorney’s role is to evaluate the settlement offer based on your injuries and negotiate a better deal covering your losses.
The input of a motorcycle accident attorney is as vital as determining the liable party in an accident. Irrespective of your contribution to the accident, working with a legal professional can protect your interest in a claim.
Here are a few benefits of a motorcycle accident attorney:
More importantly, an attorney will counter the insurer’s defense attorney, ensuring a fair hearing of your case.
You deserve compensation if you’ve sustained an injury in a motorcycle accident due to someone else’s negligence. An experienced motorcycle accident attorney can apply their knowledge and skills to pursue compensation that matches your injury-related losses. The Barnes Firm Injury Attorneys is a team of legal professionals with decades of experience representing injured victims. Contact us online or at (800) 800-0000 for a free case evaluation.
Written by The Barnes Firm, reviewed by Richard Barnes
Rich Barnes
President
Richard Barnes: “As President of The Barnes Firm, I have dedicated my career to achieving justice in hundreds of cases for the victims of injuries caused through the fault of others. Additionally, I have been honored to have been elected Best Lawyer and a Super Lawyer”
Years of Experience: 30+ years
LinkedIn Profile: Richard Barnes
The Barnes Firm is here to help you. Our personal injury firm helps individuals and their families who
have suffered an injury in an accident.
Whether your car crash was minor or serious, any injuries sustained in an accident can be painful and costly.
All motorcycle accidents are different, the compensation you receive will depend on the circumstances surrounding your accident.
A truck accident can be catastrophic, even in low-impact crashes, if you or your family are involved, you may be entitled to significant financial compensation.
There are dozens of accidents involving school buses each year, most commonly, involving children outside a school bus.
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