What Is The Average Settlement For A Motorcycle Accident? | 24/7 Support
There is no average settlement value for motorcycle accident cases. This is because each crash has its own unique factors. The injuries sustained can also vary based on the vehicles involved and the accident’s impact.
When claiming reimbursement for motorcycle accident injuries, you should assess damages. This measure will help you determine the proper amount to seek. After an accident many people ask, “What is the average settlement for a motorcycle accident?” Issacs & Issacs Personal Injury Lawyers may be able to help.
Which Factors Can Affect the Settlement Amount?
One key factor affecting the compensation you receive for a motorcycle accident is the extent of injuries. If you sustained significant physical harm, you would likely get a higher amount than a victim with minor injuries.
Consult a physician to determine the extent of physical harm before filing a compensation claim. These professionals will conduct some tests to assess your health status. This measure will also help determine if some injuries you sustained need long-term care.
Another factor that will determine your settlement is motorcycle accident liability. If you partially contributed to the crash, you may not get total compensation for the damages. Instead, the insurer may lower the payment by the percentage of your fault.
How to Determine the Value of My Motorcycle Accident Case
When filing a motorcycle accident case, you must claim a specific amount for each injury. Consult a mechanic to determine the cost of fixing vehicle damages.
If the price is higher than the current value, get a statement from an assessor supporting this matter. Such a document can help you justify buying a new motorcycle after the accident totals your current one.
If you received treatment for injuries, use the invoices to determine how much you should claim for medical expenses. Furthermore, evaluate the cost of any long-term healthcare services.
How Can You Assess Non-Economic Damages?
Motorcycle accidents can cause damages that lack a monetary value. For example, they can lead to physical disability that affects your quality of life. They may also cause pain and suffering, disfigurement, and mental health injuries.
Determining the compensation to claim for non-economic damages differs from evaluating other injuries. One method you may use to assess the settlement you need is gauging the severity.
If you have anxiety, speak with your therapist to assess how the condition will affect your life. Then determine how much you need to treat the issue and its effects. You may use the estimated expense to claim reimbursement for mental health injuries.
Other factors you may use to assess non-economic damages include:
- Cost of the injury on your quality of life
- Number of impacts it will have
- Emotional anguish the injury causes
- Estimated income you will lose due to the damages
Can You Negotiate for a Better Settlement?
Once you file a claim for a motorcycle accident, the insurer may respond with a settlement offer. If the amount they provide is not enough to cover damages, negotiate for a better amount. At that point, request a negotiation with insurance adjusters. During this session, mention why the amount is insufficient and provide evidence to support your claim.
For example, present medical and repair cost receipts indicating you incurred a higher amount. The insurer may then offer a different value that you can accept or reject.
Another way to negotiate a better settlement is by making a counteroffer. Request the insurers to pay a given amount and offer not to file a lawsuit or drop an existing one in return. However, ensure your request sounds more like negotiation and not a threat.
Which Damages Can You Seek After a Motorcycle Accident?
You may seek a broad range of damages when pursuing reimbursement for motorcycle accident injuries. One aspect you can claim is pain and suffering, referring to the distress the incident caused in your life. This damage can consist of other injuries like:
- Loss of life enjoyment
- Grief for the wrongful death of a loved one
- Physical impairment
- Disfigurement
- Pain and discomfort caused by injuries or treatment methods
If your injuries caused you to stop working, seek reimbursement for the lost income. Further, include the cost of the career opportunities you may miss during recovery.
Other motorcycle accident damages you may seek are:
- Medical expenses
- The cost of renovating your home due to disability
- Consortium losses
- Property damages