How Much Should a Motorbike Accident Settlement Be?
No two motorcycle accident cases will have identical settlement values. A good settlement in your case is one that covers the accident’s costs without causing you to incur any out-of-pocket expenses. It should include fair compensation for your medical bills, pain and suffering, income loss, and other accident-related losses. A motorcycle accident lawyer can evaluate your case, determine its value, and demand favorable compensation on your behalf.Sometimes, a motorcycle accident case will result in a settlement rather than a trial. On your own, it can be hard to know how much a good settlement is for your motorcycle accident. Your lawyer will handle negotiations for you and fight hard for a fair outcome.
What Type of Compensation Is Included in Your Motorcycle Accident Settlement?
Financial recovery after your motorcycle accident can entitle you to economic (tangible) and non-economic (intangible) damages. The motorcycle accident lawyer who represents you will collect evidence that proves the value of your case, including:
- Injury photos
- All medical bills
- Proof of income
- Written prognosis
- Bike repair estimates
- Your written statement
- Your bike’s current value
- Rehab and therapy records
You do not have to collect evidence or build your case without legal guidance and support. Your lawyer will help you effectively navigate financial recovery and deal with the at-fault driver and their insurer while you concentrate on getting better.
Your Settlement Will Include All Injury-Related Medical Expenses
National Highway Traffic Safety Administration (NHTSA) research cites head injuries as the leading motorcycle accident injury. A head injury can vary in severity from a mild concussion to a traumatic brain injury. Your recoverable medical bills will include:
- Assistive devices
- Hospital admissions
- Emergency room care
- Rehabilitation and therapy
- In-home medical support
Because each case is different, there is no average settlement for a motorcycle accident, and your lawyer will fight hard to recover fair compensation for you.
You Can Recover Compensation for Your Damaged or Destroyed Motorcycle
The average payout for a motorcycle accident will include the cost of restoring your motorcycle to its pre-accident condition. Your motorcycle will sustain damage when it connects with the car involved in the collision. It will sustain further damage when it hits and possibly slides across the ground.
Your settlement should include its repair costs. If your motorcycle is declared a total loss, your lawyer will include its optimal replacement value in your compensation request.
Your Settlement Includes Lost Income While You Cannot Work
Because you are unprotected from the impact of the accident, you are more likely to sustain serious injuries due to the collision, according to Insurance Institute for Highway Safety (IIHS) research. When your injuries are severe enough to prevent you from returning to work, your lawyer will demand compensation for:
- Full-time income
- Part-time income
- Freelance income
- Business losses
Your lawyer will collect paycheck stubs, direct deposit receipts, tax records, and other proof of income. You may also be able to recover missed bonuses, benefits, and paid time off.
Non-Economic Damages Your Lawyer Can Seek as Part of Your Settlement
Non-economic damages can be difficult to quantify on your own. Your attorney will work to collect tangible evidence that supports the monetary value of the following intangible damages:
- Physical disability
- Disfiguring injuries
- Pain and suffering
- Mental anguish
- Emotional distress
- Diminished quality of life
A west palm beach motorcycle accident lawyer can also leave a psychological mark. It can leave you with post-traumatic stress disorder (PTSD) that requires long-term therapy and lifelong coping skills. These costs can be included in your settlement request.
Wrongful Death Damages After a Motorcycle Accident Fatality
The loss of a loved one in a motorcycle accident attorney fort Myers can leave your family in financial distress and unsure of where to turn. While you take care of each other, your lawyer will request compensation for:
- The decedent’s final arrangement
- Loss of financial support
- Loss of their contributions to family
- Loss of consortium and guidance
- Loss of companionship and support
These wrongful death damages are part of the average motorcycle accident settlement after a fatality. Your lawyer will demand them on behalf of your family. The Fort lauderdale motorcycle accident lawyer who accepts your family’s case will assess the average settlement for a motorcycle accident. They will also work hard to get the best possible settlement for your family within the allotted time.
Your Motorcycle Accident Case Consultation Is Free
If you or a loved one was injured in a recent collision, our law firm will explain what a good settlement is for your Florida motorcycle accident attorney . We will take on the at-fault driver and their insurance company and fight for a good settlement for you.Get started by contacting our consultation team at the Law Offices of Wolf & Pravato. Contact us at (954) 633-8270 today. We can get started building your case immediately.