A study has shown that the average motorcycle accident settlement is around $73,700. The amount that you get can vary greatly, depending on a number of circumstances.
After an accident, the settlement is going to be the amount of money you receive to make you “whole” again. However, there’s plenty of legal aspects that need examination when trying to come to a conclusion about your settlement amount.
If you want to know how much money you are going to get back after a settlement, you need to understand a number of factors. Two factors, in particular, make up a huge percentage when figuring out how money is owed to you after an accident.
Let’s dive in and examine these factors so that we can give you more information about figuring out how much you can potentially receive.
Liability
One of the most important factors is figuring out who is responsible for the motorcycle accident. To prove liability there has to be clear evidence that the other person was at fault for the collision.
For example, if someone rear ends you, they are liable for not being able to control their vehicle. In situations such as this one, determining who is at fault is cut and dry. However, there are situations that require a full investigation and evidence to determine who was at fault.
If you have a good lawyer to help you with your case, you will have no issue proving liability — providing the other person was responsible. If you can prove that the person in the other vehicle caused the accident, you can almost guarantee that you will at the very least get reimbursed for minimal damages.
Injuries & Damage
Injuries and liability go hand in hand. If someone is responsible for a motorcycle accident and they cause no real damage or injuries you may find that you don’t get a whole lot of money for your settlement.
On the other hand, if you get injured or your motorcycle gets damaged you expect significantly more money. The more severe the damages and injuries, the higher the cost.
It is wise to get photos and evidence when proving injuries and damages. Make sure you save hospital bills, repair slips for your motorcycle, and get plenty of pictures. The more you can show, the better chance you have of getting a payout worthy of the damages you incurred.
Motorcycle Accident Lawyers
One of the best things you can do is get legal help in your case. Personal injury lawyers can help you get the most money back, and they can make sure that you are doing things legally and correctly.
Furthermore, attorneys who work in personal injury have dealt with cases like this before. They have the experience to help you resolve your settlement in a timely fashion, depending on the opposing party and their insurance.
Are you ready to take the next step and get more information about your motorcycle accident settlement? Contact us today so we can help you get what you deserve.